Socialism

An Economic and Sociological Analysis

By: Ludwig von Mises, F.A. Hayek (Foreword by), J. Kahane (Transcribed by)

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Paperback | 1 January 1981 | Edition Number 6

At a Glance

Paperback
569 Pages

Edition Type
Revised

Grade
12+

Dimensions(cm)
22.5 x 18.0 x 3.8

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Hayek spoke for an entire generation. When it was first published in German in 1922, Socialism ran counter to all current economic thought. Mises presented a wide-ranging analysis of society and all the attempts to improve it, comparing the results of socialist planning with those of free-market capitalism in respect to property, equality, law, science, religion, morals, race, democracy, the state, utopia, war, slavery, monopoly, competition, labour, capital, the family, marriage, and other issues.

The Liberty Fund edition of Socialism, with added annotation, is the definitive refutation of virtually every form of socialism ever devised. Hayek went on to say that "Socialism has more immediate application to contemporary events than it had when it first appeared."

About the Author

Ludwig von Mises was the leading exponent of the Austrian School of economics throughout most of the twentieth century. He has long been regarded as a most knowledgeable and respected economist, even though his teachings were generally outside the mainstream. He wrote twenty-five books and hundreds of articles on human action, free markets, and political economy.

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