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More than thirty years ago F. A. Hayek said of Socialism: "It 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 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 life.
Friedrich Hayek's foreword comments on the continuing relevance of this great work: "Most readers today will find that Socialism has more immediate application to contemporary events than it had when it first appeared."
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Ludwig von MisesEdition | Availability |
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Socialism: an economic and sociological analysis
1951, Yale University Press
in English
- New ed., enlarged with an epilogue.
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Edition Notes
Originally published as Die Gemeinwirtschaft, 1936.
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March 12, 2019 | Edited by JackBurton | New title. |
March 12, 2019 | Edited by JackBurton | Added new cover |
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December 11, 2009 | Created by WorkBot | add works page |