The people who were to lead the Russian revolution in 1917 called themselves Social-Democrats.

Here’s an extract from an essay by the Leader of the leaders, V. I. Lenin, written in 1897 when he was in exile. It is titled The Tasks of the Russian Social-Democrats: 

The object of the practical activities of the Social-Democrats is, as is well known, to lead the class struggle of the proletariat and to organize that struggle in both its manifestations: socialist (the fight against the capitalist class aimed at destroying the class system and organizing socialist society), and democratic (the fight against absolutism aimed at winning political liberty in Russia and democratizing the political and social system of Russia). We said as is well known. And indeed, from the very moment they appeared as a separate social-revolutionary trend, the Russian Social-Democrats have always quite definitely indicated this object of their activities, have always emphasized the dual manifestation and content of the class struggle of the proletariat and have always insisted on the inseparable connection between their socialist and democratic tasks — a connection clearly expressed in the name they have adopted.

As is well known, when the Revolution had been accomplished in 1917, and Lenin was supreme dictator, there was no political liberty for the Russian people. No liberty at all.

Stella Morabito wrote (March 2016) at The Federalist (in an essay chiefly recalling the execution by Joseph Stalin of his faithful friend and follower, Nikolai Bukharin):

[Socialism is] a system in which suspicion and the smell of treason tend to hang in the air. … This is the case whether you call it by any other name, whether communism, utopianism, or collectivism. Oh, go ahead and slap some lipstick on that pig and call it “democratic” socialism or “progressivism” or “communitarianism”. 

Lenin and his gang all started out calling themselves socialists. Social democrats, to be exact. So the fact remains: the path of socialism is ultimately paved with coercion, censorship, and, yes, terror.* Does stating this make me an alarmist? No. It makes me a realist.

Socialism demands that we place blind trust in whomever takes the reins of power to distribute society’s goods and services. …

Socialism also has a way of producing bloated bureaucracies that in turn produce ever greater scarcity. Along the way, this produces ever more corruption and cronyism. Censorship puts down deep roots because dissent cannot be tolerated or the system would collapse. Those are all prime ingredients for a closed society and surveillance state. …

And for gulags, torture, mock trials and executions.

We are … witnessing a new trendiness for all things socialist and communist among college youth. They sport T-shirts featuring the image of nauseatingly murderous tyrants like Che Guevara.

Thanks to the popularity of the avuncular Bernie Sanders, coupled with an astonishing ignorance of history, millennials have fast become trusty mouthpieces for socialism. This is ironic, because socialism has a way of redistributing power away from the “99 percent” and puts it into the hands of the few central planners—a teensy fraction of 1 percent — at the top.

And Bernie Sanders is forever sniping at “the 1%” – “millionaires and billionaires”, “the rich”, ie. Lenin’s “capitalist class” – when he himself is a millionaire.

Then what? …  There’s an indisputable correlation between big government and terror that keeps turning up throughout history. …

We need to remember that, when soft socialism with its siren song of “equality” is left to its own devices, it takes ever more rigid forms. The political hubris of “progressives” who know better than you and me — and with such utter certainty — always leads to central control, corruption, cronyism, censorship, and abject conformity.

The more than 100 million victims of communism shows just how slippery a slope socialism is. Any person of goodwill who is familiar with the history and realities of socialism would do everything possible to avoid going down that minefield of a road.

How is it possible that young Americans can emerge from long established universities with degrees in history, political science, economics, international relations, and not know what happened to the millions of victims of socialism?

Or if they do know, and maintain that their socialist revolution would be different, bringing equal happiness for all, what possible reason can they produce for saying so? They don’t, of course. They cannot.

Because socialist economics do not, cannot work.

Because no one will study for years to become a doctor when he/she/ze is going to be paid the same as a janitor who doesn’t have to study at all.

Because when everyone’s been given equal pay with nice freshly printed banknotes, their money goes chasing too few goods, or none at all.

Because no one is going to make and sell goods if he cannot make a good living out of doing so.

Because state ownership of the means of production means Venezuela under Maduro. Because the state cannot know what goods to produce, how many, at what price. Because only the market sends the messages, the signals, that provide that information. As Hayek teaches the student of economics. If he/she/ze is  allowed to read his works in the universities. But they are not.

They are allowed to read Marx.

We doubt that many of the democratic socialists emerging from the academies actually ever bothered to read Marx for themselves. Their professors told them what he said was right and good. Told them that democratic socialism was the happy future of mankind.

That is the faith, and they keep it.

*Marx, Lenin, Stalin, Trotsky all explicitly advocated the use of terrorism. See The Soviet Union and Terrorism by Roberta Goren, ed. Jillian Becker, Introduction by Robert Conquest, George Allen & Unwin, London 1984.