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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 notes that for young idealists such as himself returning to university studies after World War I, its impact was profound Ex socialist that I am as well, this book has done the same shown once again that ideas have consequences, and that when subjected to analysis, socialism is a bad idea, in part because like all Utopian schemes, it cannot be bothered with the logical consequences of its program and it has no means of effectively accounting for or calculating anything in the economic sphere It is a dream of faith.In the Epilogue, Mises notes that the futility of the socialist schemes they produced could easily be shown Those communists who were not entirely intimidated by the fear of the Soviet executioners, for instance Trotsky, freely admitted that economic accounting is unthinkable without market relations Later In one of his lucid intervals, Trotsky of course Trotsky the hunted exile, not the ruthless commander of the Red army saw things realistically and declared In a country where the sole employer is the State, opposition means death by slow starvation The old principle who does not work shall not eat, has been replaced by a new one who does not obey shall not eat The writing does become polemically repetitive toward the end, with a hint of defensive dissembling, but overall a much recommended book even though first published in 1922 Written between WWI and WWII, Socialism An Economic and Sociological Analysis is interesting as a historical document He correctly predicts many of the difficulties the Communist regimes would face However, von Mises loses me when he seeks to justify the Opium War Even in the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 Free Trade should have been apparent Von Mises puts the blame on the Chinese people for failing to abstain by their own impulse from enjoyments harmful to their organism rather than on the state sponsored drug dealers who used England s military to open China to a trade in drugs banned in their own country Finally, there is than a touch of hypocrisy when the economist who claims that Socialism is primarily an evil because it decreases net productivity even when it provides some local advantage defends a war which introduced wide scale habit with its resulting population of non productive addicts. 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 interests One of his points was that given the choice between Socialism and Capitalism the people would surely choose Socialism, because it takes from the rich and gives to the populace, but is a failing way to organize an economy This theory basically says that people are too dumb to have democracy It s obvious why that despite the increases of the voter base since the books publishing that the percentage of eligible voters has dropped, the ruling class has no interest in having the people actually have democratic power.Another comical point was that all ownership has occurred through violence, yet the solution is not to redistribute that stolen property, but to maintain the ownership structure Basically, once you steel something, it s yours and you get to keep it And he calls socialism brutal.Reading the introduction was worth the investment Continuing onto his evidence and analysis appears to be a waste of time. 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. Mises in extraordinary fashion devastatingly destroys socialism as a viable economic system This book provides unique analysis as to the different types of socialism represented mainly in two types that of Soviet socialism and that of German socialism Mises also provides a unique sociological and ethical criticism of Socialism from his utilitarian and classically liberal viewpoint Although I much prefer Mises, the economist to Mises the sociologist or ethicist, he provides interesting analysis that provides insight to a utilitarian critique of socialism. Suffers a bit from Lord of the Rings syndrome Reading Tolkein now can be weird, because a lot of LotR can seem cliche or common but that s because LotR was the progenitor of the tropes that now seem overly familiar It is a victim of its own success Likewise some of the stuff in the beginning of Mises s Socialism seems obvious cliche to someone familiar with the likes of Friedman Goldwater Rand or basically any modern right wing writers But that is because they are the intellectual children of Mises and its interesting to see these ideas in their primal form The book as a whole is worth reading, but the epilogue is particularly excellent. |Free Pdf ♾ Die Gemeinwirtschaft: Untersuchungen uber den Sozialismus ⚇ 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 SocialismIt 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 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 LifeFriedrich 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 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 In , Mises Founded The Austrian Institute For Business Cycle Research From To , He Was An Economist For The Vienna Chamber Of Commerce Before The Anschluss, In Mises Left For Geneva, Where He Was A Professor At The Graduate Institute Of International Studies Until , When He Emigrated To New York City From To , He Was A Visiting Professor At New York University Perhaps no one in the 20th century provided a 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 Mises, it was either private ownership and therefore control of property, or else it was socialism Anything in between, as he argued elsewhere, is merely the free market on the road to totalitarian There can be no middle of the road policy that does not lead to to full socialism IN this book, Von Mises lays out his case against all forms of government or public ownership of property in favor of private ownership And if ever you want to test the question of ownership, just ask who makes the final decision about what is to be done The answer you provide will tell you if you have private or government ownership.A key to Von Mises s objection to socialism is its inherent impossibility at total control No human mind, even the collective mind of mankind, is capable of managing the myriad of economic relationships that exist between goods and services on the one hand, and people on the other Socialism and socialists might have noble aims, but they are ultimately incapable of delivering the utopia for which they yearn.If you re planning to read only one book on the meaning and implications of socialism, this should be the one. 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 implement it Its based on economics that can never, ever work in the real world there isn t enough money And it creates and perpetuates and exasperbates the very problems its said to fix I d call it a ponzie scheme as long as there is money to steal from the rich, it will appear to work.Once they re gone, it collapses like a house of cards.My only problem with the book is its length its long But to touch on every aspect of the subject, that is what was needed. 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.