Socialism: An Economic and Sociological Analysis

Socialism An Economic and Sociological Analysis This book must rank as the most devastating analysis of socialism yet penned An economic classic in our time Henry HazlittMore than thirty years ago F A Hayek said of Socialism It was a work on politi

  • Title: Socialism: An Economic and Sociological Analysis
  • Author: Ludwig von Mises J. Kahane Friedrich A. Hayek
  • ISBN: 9780913966631
  • Page: 161
  • Format: Paperback
  • This book must rank as the most devastating analysis of socialism yet penned An economic classic in our time Henry HazlittMore than thirty years ago F A Hayek said of Socialism It was a work on political economy in the tradition of the great moral philosophers, a Montesquieu or Adam Smith, containing both acute knowledge and profound wisdom To none ofThis book must rank as the most devastating analysis of socialism yet penned An economic classic in our time Henry HazlittMore than thirty years ago F A Hayek said of Socialism It was a work on political economy in the tradition of the great moral philosophers, a Montesquieu or Adam Smith, containing both acute knowledge and profound wisdom To none of us young men who read the book when it appeared was the world ever the same again This is a newly annotated edition of the classic first published in German in 1922 It is the definitive refutation of nearly every type of socialism ever devised Mises presents a wide ranging analysis of society, comparing the results of socialist planning with those of free market capitalism in all areas of life.Friedrich Hayek s foreword comments on the continuing relevance of this great work Most readers today will find that Socialism has immediate application to contemporary events than it had when it first appeared Ludwig von Mises 1881 1973 was the leading spokesman of the Austrian School of Economics throughout most of the twentieth century He earned his doctorate in law and economics from the University of Vienna in 1906 In 1926, Mises founded the Austrian Institute for Business Cycle Research From 1909 to 1934, he was an economist for the Vienna Chamber of Commerce Before the Anschluss, in 1934 Mises left for Geneva, where he was a professor at the Graduate Institute of International Studies until 1940, when he emigrated to New York City From 1948 to 1969, he was a visiting professor at New York University.

    One thought on “Socialism: An Economic and Sociological Analysis”

    1. This is my favorite book by my favorite author. He dissects every known form of socialism up to the date of publication (1922). His words have stood the test of time and there are very few, if any really new ideas on the subject since, that are not actually described (if not by the same names) and torn apart in this book. Most importantly, he explained how socialism is not a rational system and had to fail, of it's own inconsistencies.The scope is magisterial: covering everything from love and s [...]

    2. This work merits the English word 'tome' -- and a just review should run to multiple pages. Limited as this will be, first I will comment on the production quality of the book; it's important that a work of this stature get the binding and paper it deserves. Acid-free, of course, and with endpapers, a note on the typography, bound by one of the finest binders still operating today, Edwards Brothers out of Ann Arbor. Publisher's preface. Translator's note. Foreword by the eminent F.A. Hayek, who [...]

    3. Stopped after the introduction. Pure ideology. You pretty much could have swapped the word "capitalism" for the word "Socialism" in the opening and it would have been just as true. There are major structural problems with Socialism and with Capitalism. This book is pure attack of a theory which the author clearly disagrees with, there is no science in this type of economic writing, just results justifying a point of view. I could not help feeling that the Author was simply protecting his interes [...]

    4. I've yet to meet a person who advocated socialism after reading this book. For a shorter critique of the problems of calculation, Mises also wrote "Economic Calculation in the Socialist Commonwealth", which is also quite good, but significantly shorter.

    5. Perhaps no one in the 20th century provided a more systematic defense of the free market than Ludwig von Mises. The scope of his writings was broad; his analysis incisive.In this book, Von Mises undertakes the tasks of describing socialism and its implication for economics and the broader culture. His thesis can be illustrated in these words: "If the control of private property is transferred to the State the property owner is only an official, a deputy of the economic administration."For Von Mi [...]

    6. Written between WWI and WWII, Socialism: An Economic and Sociological Analysis is interesting as a historical document. He correctly predicts many of the difficulties the Communist regimes would face. However, von Mises loses me when he seeks to justify the Opium War. Even in the 1920s, the absurdity of the claim that "Not only each Chinese and each Hindu, but also each European and each American, would be considerably worse off" had it not been for England's aggressive attempts to open China to [...]

    7. This book is the root of position of classical liberalism and of libertarian thinking in the XX Century (Friedrich von heyek, Murray Rothbard).The socialism is showed as the better way to delete resources and civilization: if the political mens delete the free market, then they delete the system of price without another good way to determine the preferences and needed of people.

    8. My major takeaway from this book is that I don’t understand what some of my friends are referring to when they speak fondly of Socialism. For instance, which kind; Guild Socialism, National Socialism, Christian Socialism, Military Socialism, State Socialism, Solidarism? Misses covers all of these and more, highlighting their similarities and exploring differences. Further, are these friends actually expecting that all the means of production become state owned or just some, why differentiate b [...]

    9. If people want to know the fallacies of socialism, this is the book. I might disagree with some of his conclusions about Protestantism, but it touches on every aspect of what socialism is, how it works, and how it really affects mankind.He discusses it roots and shoots into communism and even how they differ, or how it was implemented differently than one would expect. In short, socialism can only be achieved with totalitarianism. It is inevitable - total state control is the only way to truly i [...]

    10. von Mises systematically destroys all of the arguments in favor of socialism with clear logic in this well written treatise.

    11. //polishSocjalizm jest kompleksowym opisem socjalizmu do okresu napisania tej książki(1922). Ludwig von Mises opisuje problemy związane z socjalizmem oraz opisuje jego różne rodzaje. Przy swoich wywodach nieustannie krytykuje różne stwierdzenia Marksa, Engelsa oraz Kautskiego.Autor rozpoczyna od nakreślenia różnic między socjalizmem a klasycznym liberalizmem. Później wykazał, że socjalizm wymaga centralnego planowania - czyli państwa kontrolującego wszystkie środki produkcji. J [...]

    12. A quite challenging read, it took me a good while to finish. It describes socialism in all aspects: with respect to property, politics, economics, ideology, philosophy, etc. and demonstrates, remarkably clearly, its unworkability (the translator uses the word "impracticability"). I must admit I winced a bit at von Mises description of the romantic (in his view, socialism being a romantic dream) because it so closely described me as a young man: "the romantic imagines the pleasures of success but [...]

    13. Actually read only parts of this great and weighty tome, but enough to get von Mises' decisive, devastating, and unanswerable refutation of central planning and social engineering. By the 20th century's most important economist, not as well known as he should be or as well known as his most famous student, Friedrich Hayek.

    14. This is a good introduction to Austrian Economics. Mises is among my favorite economist because he is very his arguments are practical and expressed in a logical, accessable to anyone platform. Read this bookor atleast parts of it (Its super long).

    15. An amazing book. Herr Von Mises does an excellent job explaining this complex subject. I could go on and on but I won't.

    16. Incredibly detailed analysis of how socialism cannot not work and attempts to remove economic freedom from the individual destroy prosperity.

    17. A must-read economic classical masterpiece. There are not as many details as those in Human Action, but wonderful Mises wrote in a clear order as he always did.

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