A specter is haunting the world: the increasing prospect of a new totalitarianism. Unlike the specter of communism, this specter originates from those in power and not from underground revolutionaries—although communism may always be an undertaking of elites. Rather than haunting only Europe, this specter casts its long shadow across the future of all humanity, such that one wonders how one might plan, if at all, for this future. Delivered at the LP Mises Caucus Take Human Action Tour. Fairfax, VA. October 2, 2021. (Click on title.)