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ANTI-CAPITALISTIC MENTALITY, THE (Lib Works Ludwig Von Mises PB) | LUDWIG VON MISES | Give this to that guy who whines about big bad business!
 
 


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 ANTI-CAPITALISTIC ...  

ANTI-CAPITALISTIC MENTALITY, THE (Lib Works Ludwig Von Mises PB)
LUDWIG VON MISES

Liberty Fund Inc., 2006 - 84 pages

average customer review:based on 24 reviews
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     highly recommended  highly recommended




Excellent introduction to Mises

Mises was the greatest economist of the early 20th Century (the greatest of the late 20th Century was his protege', Murray Rothbard). This book is probably the first one that anyone interested in Mises' thought should read (his more complex books, such as _Human Action,_ could literally be the subject of an entire graduate economics course). Here Mises attempts to dissect a curious phenomena--why is it that some people are so rabidly anti-capitalist when capitalism has been one of the best thing that has even happened to the world? One of Mises' answers is that socialists are essentially losers--they can't make it in the free market and therefore want to destroy it. I think he has a point here. Karl Marx, for example, wanted to be rich but didn't want to work for it. He wanted weath handed to him on a platter. Since it wasn't, he wanted to destroy capitalism (I suspect if Marx had been born rich there would not have been a Marxism). I suspect this also accounts for why there are so many socialists in the universities and in the media--it's not as if these are particularly hard jobs once you get in. Most of them don't produce much more than hot air (that's why they're called 'the chattering classes). A slim, easily-read book, and an excellent introduction to Mises.


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Give this to that guy who whines about big bad business!

This is a good probe into the mindset of socialist-interventionists. It unmasks the psychology and ideology that plays on people's emotions, fears and ignorance, while advancing the cause of collectivism and big government. Commies would write this book off as bourgeois trash for capitalist pigs. Free-marketers will find this tract enjoyable. However, it might free a few minds of anti-capitalist leanings. I'm surprised how many people think that the root of inflation is simply 'greedy' businesses raising prices.

"An 'anti-something' movement displays a purely negative attitude. It has no chance whatever to succeed. Its passionate diatribes virtually advertise the program they attack. People must fight for something that they want to achieve, not simply reject an evil, however, bad it may be be. They must, without any reservations, endorse the program of the market economy." -- Ludwig von Mises.


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A fine introduction to the thought of Ludwig von Mises

This small book is an excellent introduction to the thought of the great economist, Ludwig von Mises. In a penetrating look at the 'anticapitalistic mentality', Mises refutes some of the most common objections to a social order based on private property and free, voluntary exchange, correctly attributing most such opposition to envy and covetousness. (Readers of Ayn Rand will recognise one of her unacknowledged sources!)

In fact, as Mises shows not only in this book but in his tremendous body of pioneering work in economic theory, both liberty and justice require a market-based social order. The reader who enjoys this little book may also wish at some point to tackle Mises' magnum opus HUMAN ACTION.


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Excellent

This is an excellent book. Though brief, it provides a fascinating perspective on what makes so many people support socialist schemes that have been shown time and again to be disasterous.


A Great Work

Ludwig Von Mises is considered one of the giant figures in economic thought. He is an acolyte of the Austrian school of economics, which began as a response to Marxist economic thought. The Austrian school advocated the idea of marginal utility and the importance of the consumer in the production process. This book, which is a fairly short read, is Von Mises's look at the people who advocate the imposition of a planned, or socialistic, economic system. Needless to say, Von Mises launches massive attacks against these people.

As some of the other reviews stated, Von Mises believes that the reason some people in a capitalist society hate free markets and advocate socialism is due to their own shortcomings. As everyone with an ounce of sense knows, reality does not make everyone equal. Everyone has flaws and shortcomings. These shortcomings, according to Von Mises, manifest themselves in inner turmoil that finds release through attacking the system in which others succeed where these people fail. These people look at the successful entrepreneurs and resent them deeply. Since they can't attack them directly without exposing their own deep flaws, they attack the capitalist system which they think "created" these successful businessmen. Von Mises goes on to show several ways how this hostility expresses itself. One way is through literature. Von Mises makes a very perceptive observation while examining literature. He shows how the genre of detective stories is actually an expression of hatred for the capitalist system. The detective in most of these stories is usually a down and out type (one of the downtrodden workers of Marxian fame) who shows up the police (who represent the ineffective ruling system) by proving the guilt of a successful, rich person who nobody would ever suspect (the triumph of the worker over the rich). Very insightful stuff.

Von Mises destroys the socialist worldview in this book. It reads quick, and it's my first Von Mises book, so I'm not sure I picked up on every point he was trying to make. It's well worth the time and I highly recommend it. The only downfall is that some of the sentences are a bit awkward, which makes since if Von Mises wrote this in English. You see, he didn't even come to the U.S. until he was 60. He fled Hitler when the Nazis took Austria in 1940. Von Mises's primary language was German.


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reviews: 1, 2, 3, page 4, 5



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