Socialism by Ludwig von Mises (.ePUB)
File Size: 0.8 MB
Socialism: An Economic and Sociological Analysis by Ludwig von Mises
Requirements: .ePUB reader, 0.8MB
Overview: In Socialism: An Economic and Sociological Analysis, Ludwig von Mises delivers a sweeping critique of socialist theory and practice. First published in 1922, the book systematically examines socialism’s economic foundations, philosophical claims, and practical consequences, arguing that it is inherently incompatible with rational economic calculation and individual freedom.
Key Themes or Insights
Mises introduces the famous “economic calculation problem,” showing how the abolition of private property in the means of production eliminates the price signals necessary for efficient resource allocation. He also analyzes the cultural and moral dimensions of socialism, linking its rise to utopian thinking, envy, and misunderstanding of market processes.
Style and Usefulness
Scholarly yet accessible, the work blends economics, sociology, and history into a powerful defense of capitalism and critique of collectivism. It remains a foundational text for anyone seeking to understand the theoretical flaws and real-world failures of socialist systems.
Genre: Non-Fiction > Educational
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