Published in 1922 during those dark and dreary years of socialism’s near-complete triumph, Socialism stunned the socialist world. Mises has given us a profoundly important treatise that assaults socialism in all its guises, a work that discusses every major aspect of socialism and leaves no stone unturned. A few of the numerous topics discussed include the success of socialist ideas; life under socialism: art and literature, science and journalism; economic calculation under socialism; the ideal of equality; and Marx’s theory of monopolies.
With this monumental work, Mises laid the foundations for free society. Socialism has influenced scores of influential thinkers, including Friedrich Hayek, Ayn Rand, and Milton Friedman. It is read over and over again today, all over the world, inspiring throngs of new defenders of freedom.
©1981 Margit von Mises (P)2012 Blackstone Audio, Inc.
“This book must rank as the most devastating analysis of socialism yet penned…An economic classic in our time.” (Henry Hazlitt)
I bought this book and listened to it to balance my reading of Piketty. Von Mises is a free market luminary and his conclusions and recommendations would certainly contradict an author like Piketty. Mises' book, however, is extremely unconvincing. Despite the author's claims that he is scientific, there is no data contained in the book; it is entirely based on logical argumentation. While the arguments are mostly internally consistent they often are built on false premises or consist of straw man attacks on his opponents.
The reading style is appropriate to Mises' voice: pompous and over-the-top. It's s solid performance but there are serious issues with splicing one recording session into another; the audio quality varies widely at times.
I was struck by just how bigoted Von Mises was when it came to religion. His hatred of Christianity was certainly on display here. He was not above including long, and incompetently written, forays into theology to mock the faith.
I recommend people read this work to see the ideology that animates many American elites, such as the Koch brothers. If people knew exactly how these elites viewed them, essentially as stupid peasants with a pathetic faith in Christ, they would not enjoy the support that they have.
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