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Socialism: An Economic and Sociological Analysis - Paperback

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This masterwork is much more than a refutation of the economics of socialism. In short, Mises yanked out the collectivist mentality from its very roots. All the collectivist literature combined cannot equal the intellectual achievement of this one volume.

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Ludwig von Mises’s Socialism is the most important critical examination of socialism ever written.

Socialism is most famous for Mises’s penetrating economic calculation argument. The book contains much more however. Mises not only shows the impossibility of socialism: he defends capitalism against the main arguments socialists and other critics have raised against it. A centrally planned system cannot substitute some other form of economic calculation for market prices, because no such alternative exists. Capitalism is true economic democracy.

Socialism addresses the contemporary issues of economic inequality and argues that wealth can exist for long periods only to the extent that wealthy producers succeed in satisfying the consumers. Mises shows that there is no tendency to monopoly in a free market system.

Mises analyzes reform measures, such as social security and labor legislation, which in fact serve to impede the efforts of the capitalist system to serve the masses.

Socialism is a veritable encyclopedia of vital topics in the social sciences, all analyzed with Mises’s unique combination of historical erudition and penetrating insight.


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The contents of this volume include:

  • Foreword by F. A. Hayek
  • Introduction

  • Part I. Liberalism and Socialism

      • 1. Ownership
      • 2. Socialism
      • 3. The Social Order and the Political Constitution
      • 4. The Social Order and the Family

  • Part II. The Economics of a Socialist Community

    • Section I. The Economics of an Isolated Socialist Community
      • 5. The Nature of Economic Activity
      • 6. The Organization of Production Under Socialism
      • 7. The Distribution of Income
      • 8. The Socialist Community Under Stationary Conditions
      • 9. The Position of the Individual Under Socialism
      • 10. Socialism Under Dynamic Conditions
      • 11. The Impracticability of Socialism

    • Section II. The Foreign Relations of a Socialist Community
      • 12. National Socialism and World Socialism
      • 13. The Problem of Migration Under Socialism
      • 14. Foreign Trade Under Socialism

    • Section III. Particular Forms of Socialism and Pseudo-Socialism
      • 15. Particular Forms of Socialism
      • 16. Pseudo-Socialist Systems

  • Part III. The Alleged Inevitability of Socialism

    • Section I. Social Evolution
      • 17. Socialistic Chiliasm
      • 18. Society
      • 19. Conflict as a Factor in Social Evolution
      • 20. The Clash of Class Interests and the Class War
      • 21. The Materialist Conception of History

    • Section II. The Concentration of Capital and the Formation of Monopolies as Preliminary Steps to Socialism
      • 22. The Problem
      • 23. The Concentration of Establishments
      • 24. The Concentration of Enterprises
      • 25. The Concentration of Fortunes
      • 26. Monopoly and Its Effects

  • Part IV. Socialism as a Moral Imperative
      • 27. Socialism and Ethics
      • 28. Socialism as an Emanation of Asceticism
      • 29. Christianity and Socialism
      • 30. Ethical Socialism, Especially That of the New Criticism
      • 31. Economic Democracy
      • 32. Capitalist Ethics
      • Part V. Destructionism
          • 33. The Motive Powers of Destructionism
          • 34. The Methods of Destructionism
          • 35. Overcoming Destructionism

      • Conclusion: The Historical Significance of Modern Socialism
      • Epilogue
ISBN 9781610166539
eISBN 9781610163392
Publisher Ludwig von Mises Institute
Publication Date 2015
Binding PB
Page Length 600
Dimensions 6x9

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