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Socialism: An Economic and Sociological Analysis
Ebook Socialism: An Economic and Sociological Analysis
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Audible Audiobook
Listening Length: 24 hours and 7 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Blackstone Audio, Inc.
Audible.com Release Date: September 17, 2012
Whispersync for Voice: Ready
Language: English
ASIN: B009CKEZOG
Amazon Best Sellers Rank:
Amazing book.The book resides somewhere amidst economics, history and philosophy.Mises slays socialism on all three counts.Economically the inability to perform economic calculations kills socialism and makes it static, unable to adjust to anything.Philosophically he shows how liberalism is superior to collectivism and all other forms of coercion in the name of the mythical 'society' are simple covers for tyranny.Historically he traces the Marxist movement in the pre war and post war years. I gleaned some new insight into the split of the Marxists that birthed the Bolsheviks. The chapter on Christian Chiliasm I find particularly fascinating. He shows that while Christianity is often the force resisting communism, it also contributes greatly due to the misunderstanding of the gospels and their incorrect interpretation as non-messianic guidelines. The gospels were based on the understanding that the Kingdom of God was just around the corner. They were not intended as a guide to creating a communist society.Brilliant man.
If I could I would give this book 10 stars! It is a tour de force, a magnum opus of Mises' that is timeless. If you ever really wanted to know why there is such a hue and cry for a static steady state economic system at full equilibrium by the left and socialists Mises uncovers it here. As he states herein, 'It is the only economic system that socialism can manage.'The entire background and reason for the socialism calculation debate is inside of these pages. I have debated with many who have read a blog or try to refute Mises out of hand but you cant do it. he has covered every type of socialism within these pages and had already refuted whatever you can bring to the table.
Ludwig von Mises is the major force in the Austrian School of Economics. In the 1920's everyone understood the incentive problems of socialism. If everyone is equal who is going to shovel manure and take out the garbage. The answer socialist gave was the creation of the morally superior Socialist Man working for the common good cheerfully so that taste-testing cake and coal mining would not be percieved as different vocations in utopia. Wew! that problem is solved! We weren't buy it but is was considered correct and polite opinion before the inevitable crime of collectivism were revealed, but it still has adherents at universities, Hollywood, and the media. Mises' unique insight - which was taken seriously at the time and today is that without free actors in a free (unhampered) market using freely adjusting prices it is IMPOSSIBLE to allocate resources in any way other than in massively tragic, embarrassing, and distructive misallocations. This book detail why a centrally planned economy will misallocate everything and cause tragic waste and inevitable as well as unnecessary poverty. The book is an elaboration of his masterwork article "The Impossibility of Calculation in the Socialist Commonwealth"
One of the few truly foundational works in political economy. Highly relevant and critical to everyone's understanding, including affecting how you vote on matters affecting political economy.
It is no exaggeration to say this text changed my entire world view. Mises lays out a case for capitalism that is unabashed, carefully defining and comparing true free markets to socialistic approaches from an organic moral construction in the tradition of pure Austrian theory. It at once made me an Austrian, an instant Mises fan, and educated me on the errors in my previous thinking on these subjects.
Von Mises is a genius. This one book, if read and understood, proves beyond a doubt the fallacy and conceit of all attempts to eliminate private ownership of the means of production and exposes the naivete of central planning. How Marxists can still believe in the fantasy of Marxism is astonishing. Von Mises shows how State Socialism, Syndicalism, Collectivism, and any and all other forms of collectivist thought and Statism are folly. If colleges simply required this one book to be read in economics and political science courses, no graduating student could ever, in their right mind, vote for any left-wing Socialist political candidate ever again.
Devastating critique of Socialism and still timely after 65 years! This is the complement to Human Action. The more I read of Mises, the more I like.
A critical analysis of socialism and all of its variants that is just as applicable today as when it was first published. While the progressives tout the utopian dream and draw more and more unsuspecting voters into national financial ruin and generational dependency, this text will demonstrate the reality of "From each according to his abilities, to each according to his needs"
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