By Ludwig Von Mises,

Book cover of Socialism: An Economic and Sociological Analysis

Book description

This is a newly annotated edition of the classic first published in German in 1922. 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…

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Why read it?

1 author picked Socialism as one of their favorite books. Why do they recommend it?

Mises' warnings about socialism bringing about the end of civilization have entered popular lore a sort of common sense, so it's worthwhile to read the original.

This book is less a scientific analysis than an ode to market liberalism: to “the desperate struggle of lovers of freedom prosperity and civilization against the rising tide of totalitarian barbarism.” At stake is the very possibility of non-market modernity.

Mises argues that modern society cannot function without a market defined by acquisitive trade: individuals' peaceful cooperation hinges on their ability to make rational choices about their production and consumption of things, and such…

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