Ludwig von Mises (1988)
Abstract: Socialism is an idea that affects many modern societies, aiming to give control of production to the State for the benefit of all. Ownership is seen from both social and legal angles, which brings up issues with collective ownership. Democracy is important because it promotes equality and good leadership. Socialism tries to change relationship dynamics between men and women and how resources are shared. However, it struggles to organize production and make accurate economic calculations. Critics believe that socialism can harm society by reducing productivity and limiting individual freedom and creativity.
Chapter Summaries:
CHAPTER III THE SOCIAL ORDER AND THE POLITICAL CONSTITUTION
CHAPTER IV THE SOCIAL ORDER AND THE FAMILY
CHAPTER I THE NATURE OF ECONOMIC ACTIVITY
CHAPTER II THE ORGANIZATION OF PRODUCTION UNDER SOCIALISM
CHAPTER III THE DISTRIBUTION OF INCOME
CHAPTER IV THE SOCIALIST COMMUNITY UNDER STATIONARY CONDITIONS
CHAPTER V THE POSITION OF THE INDIVIDUAL UNDER SOCIALISM
CHAPTER VI SOCIALISM UNDER DYNAMIC CONDITIONS
CHAPTER VII THE IMPRACTICABILITY OF SOCIALISM
CHAPTER I NATIONAL SOCIALISM AND WORLD SOCIALISM
CHAPTER II THE PROBLEM OF MIGRATION UNDER SOCIALISM
CHAPTER III FOREIGN TRADE UNDER SOCIALISM
CHAPTER I PARTICULAR FORMS OF SOCIALISM
CHAPTER II PSEUDO-SOCIALIST SYSTEMS
CHAPTER I SOCIALISTIC CHILIASM
CHAPTER III CONFLICT AS A FACTOR IN SOCIAL EVOLUTION
CHAPTER IV THE CLASH OF CLASS INTERESTS AND THE CLASS WAR
CHAPTER V THE MATERIALIST CONCEPTION OF HISTORY
CHAPTER II THE CONCENTRATION OF ESTABLISHMENTS
CHAPTER III THE CONCENTRATION OF ENTERPRISES
CHAPTER IV THE CONCENTRATION OF FORTUNES
CHAPTER V MONOPOLY AND ITS EFFECTS
CHAPTER I SOCIALISM AND ETHICS
CHAPTER II SOCIALISM AS AN EMANATION OF ASCETICISM
CHAPTER III CHRISTIANITY AND SOCIALISM
CHAPTER IV ETHICAL SOCIALISM, ESPECIALLY THAT OF THE NEW CRITICISM
CHAPTER I THE MOTIVE POWERS OF DESTRUCTIONISM
CHAPTER II THE METHODS OF DESTRUCTIONISM
CHAPTER III OVERCOMING DESTRUCTIONISM
§ 2 The crisis of civilization