A Theory of Socialism and Capitalism (LvMI)
Author | : | |
Rating | : | 4.96 (975 Votes) |
Asin | : | B004UBG388 |
Format Type | : | |
Number of Pages | : | 246 Pages |
Publish Date | : | 2015-04-29 |
Language | : | English |
DESCRIPTION:
Extremely clear presentation Z. Ordanic You can learn a lot just by reading the first two chapters abut the difference between capitalism and socialism. I like its clear explanation of property, property rights, and differences in acquiring property through contracts or aggression. It also explains the clear differences between the "Russian" style socialism and the socialism practiced in the western socialists countries. On. RAYMOND W HEWITT JR said Excellent book. Hoppe's review of why free market capitalism. Excellent book. Hoppe's review of why free market capitalism is superior to socialism is exhaustive. If you haven't been exposed to the Austrian Theory of economics, this book is a good place to start. The bonus is that you will have a better understanding why the economy collapsing.
"Conservative" socialism favors high regulation, behavioral controls, protectionism, and nationalism. He argued that there are only two possible archetypes in economic affairs: socialism and capitalism. The "liberal" version tends more toward outright public ownership and redistribution.The consequences of socialism vary based on their degree and kind, but they have similarities: high costs, resource waste, low growth.This treatise has long been out of print, but is now available again for use in comparative-systems classes and for an orientation to the theory of economic systems. All systems are combinations of those two types. The theoretical apparatus is Rothbardian to the core, and its main contribution is to provide an organizing principle for understanding the structure of real-world economies as measured against pure types.A tour de force.To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Ins
About the Author Hans-Hermann Hoppe is Professor of Economics at the University of Nevada, Las Vegas.
Hans-Hermann Hoppe is Professor of Economics at the University of Nevada, Las Vegas.