Over 100,000 people died last year from drug overdoses in the US. It was the second year in a row that the death toll exceeded that figure, according to statistics from the CDC. These overdoses are disproportionately concentrated in poor regions, particularly Appalachia, which has been ravaged by an opioid addiction crisis for the past two and a half decades.

Defenders of the free market look towards libertarians such as Hayek and Mises – and their assertion of an ‘economic calculation problem’ – in order to attack socialism. But in truth, Marxists answered these reactionary arguments long ago.