The link below leads to an article by Murray N. Rothbard that was published in the September 1977 issue of the “Libertarian Review:”
The Myth of Democratic Socialism
Some of the highlights are:
In any debate between a socialist and a free-market capitalist, all too often the socialist quickly puts the free-market advocate on the defensive, and the entire time is consumed by the free-market person fending off attacks on the ability of the market to prevent inequality, or business cycles, or even the ravages of affluence and "materialism." Being on the offensive, socialism emerges spotless and unbesmirched, and it is implicitly assumed on all sides that the market economy must prove its worthiness to be in the same moral and ideological ballpark as socialism. In fact, the morality of socialism is rarely questioned in these discussions, the critic confining himself to doubts about socialism's practicality or workability.
Yet, in truth, socialism is neither workable nor moral; both in theory and in practice, it is a system unsurpassed in brutality, despotism, mass murder and exploitation. It deserves no solemn respect or moral salute.
Before turning to socialism, the morality as well as efficacy of the contrasting system of the free market can be established very quickly. The free market is a vast network of two-person exchanges, conducted voluntarily at each step of the way by each participant because each believes he will benefit from the exchange. Since the exchanges and choices are free and voluntary, the free market economy is harmonious and cooperative, while allowing fullest room for the free play of individual choice. And the economy works splendidly, because the free price system and the profit-and-loss incentives arising from that market bring efficiency and order out of the "anarchistic," seemingly chaotic interplay of free and voluntary choices. Yet it is an order arising spontaneously out of freely adopted choices, rather than one imposed by violence and coercion. Such a free market, in its pure form, does not exist anywhere in the world today.
Socialism, in short, places the lives, the fortunes, and the sacred honor of every citizen under the total command of the State and its ruling elite.
Unfortunately, in discussions of socialism in the United States, socialists have usually been allowed to get off the hook with a general disclaimer: that it is terribly unfair to tar them with the brush of Hitler, Stalin and Mao. For that is not the kind of "socialism" they want and advocate; in fact, they don't consider these regimes to be "socialist" at all—despite the fact that these regimes precisely fit the general linguistic definition of socialism that we have mentioned above. For their socialism would be peopled by "good guys," not by those terrible people who have staffed the actual socialist regimes of this century.
But these disclaimers are simply not good enough. The essence of socialism is not the specific people that the individual socialist would like to see in power. The essence of socialism is the system itself: total State power over the means of production. And if the result of all the socialisms so far has been grisly and monstrous, and if no "humanist" nice guys have yet come to the fore, then perhaps, as the Marxists would say, "this is no accident," but a result embedded within the system itself. And that is our contention: that Hitler, Stalin, Mao, et al. are inherent systematic tendencies within socialism itself.
And so the essence of socialism is forced labor. Where but under a socialist regime could a Mao decide to "end the contradiction between physical and mental labor" by shipping hundreds of thousands of urban students to live permanently in the frontier province of Sinkiang—and to force them to grow rice in a dry climate for the good of their souls—or, to use a more Marxian term, for the benefit of their "reeducation"?
socialism with democracy or civil liberties is a chimera because the socialist government will necessarily have total power over the processes of education: over schools and the media. Possessing that power, the ruling cliques will use it to try to mold a subject population that will be filled with love for their rulers and eager willingness to obey their every command. Call it what you will: "brainwashing," "cultural rehabilitation centers," or whatever, it is inevitable that a ruling elite given total power over education will use it for such "social" purposes, to create an eagerly sought New Socialist Man: a Man who will love and obey his rulers and who will put his rulers' commands above any personal qualms or considerations. Hopefully, human nature is such that the government cannot succeed; but the society is a living Hell while the rulers try their best.
On top of all this moral and social horror, socialism can't work; that is, lacking a free price system, socialism cannot operate an advanced industrial economy to suit even the goals of the rulers of the State. A socialist industrial economy will suffer grave shortages, poverty, famine, and breakdown, and ultimately the death of a large portion of its population.
In short, Professor Falk has stated the choice before mankind correctly: it is socialism, or human freedom. It is one or the other. Humanistic or democratic socialism is a chimera, a contradiction in terms.