A Theory of Socialism and Capitalism (LvMI)
Author | : | |
Rating | : | 4.81 (873 Votes) |
Asin | : | B004UBG388 |
Format Type | : | |
Number of Pages | : | 599 Pages |
Publish Date | : | 2016-06-09 |
Language | : | English |
DESCRIPTION:
. Hans-Hermann Hoppe is Professor of Economics at the University of Nevada, Las Vegas
"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 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 Institute); e.g., Depression LvMI. The capitalist model he defines as pure protection of private property, free association, and exchange — no exceptions. All deviations from that ideal are species of socialism, with public ownership and interference with trade.Within the structure of socialism, he distinguishes between left and right versions. Here is Hans Hoppe's first treatise in English — actually his first book in English — and the one that put him on the map as a social thinker and economist to watch. 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 cos
. About the Author Hans-Hermann Hoppe is Professor of Economics at the University of Nevada, Las Vegas
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. One of the interesting descriptions is the effect that socialism has on people's psyche making it difficult to return back to capitalistic society.Should be a r. "Excellent book. Hoppe's review of why free market capitalism" according to RAYMOND W HEWITT JR. 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.