Barack Obama Cartoon Concisely Communicates What’s Wrong With Progressive Radical Socialism–Why Do We Need Jobs For?–A Hayek and Mises Moment!

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  “The problem with socialism is that you eventually run out of other people’s  money.”
 
~Margaret Thatcher

 Norman Mattoon Thomas (November 20, 1884 to December 19, 1968) was a leading American socialist, pacifist, and six-time presidential candidate for the  Socialist Party of America.
 
 The Socialist Party candidate for President of the US., Norman Thomas, said
 this in a 1944 speech:
 
 “The American people will never knowingly adopt socialism. But, under the
 name of “liberalism,” they will adopt every fragment of the socialist
 program, until one day America will be a socialist nation, without knowing
 how it happened.! “

 He went on to say: “I no longer need to run as a Presidential Candidate for
 the Socialist Party. The Democrat Party has adopted our platform.”
 
“… Socialism… is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build; it destroys. For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created. …”

~Ludwig von Mises, Socialism, page 414

 http://mises.org/store/Search.aspx?m=13

 

The one required book that you should read to learn what socialism is all about is :

Socialism: An Economic and Sociological Analysis
by Ludwig von Mises

This masterwork is much more than a refutation of the economics of socialism (although on that front, nothing else compares). It is also a critique of the entire intellectual apparatus that accompanies the socialist idea, including the implicit religious doctrines behind Western socialist thinking, a cultural critique of socialist teaching on sex and marriage, an refutation of syndicalism and corporatism, an examination of the implications of radical human inequality, an attack on war socialism, and refutation of collectivist methodology.

In short, Mises set out to refute socialism, and instead pulled up the socialist mentality from its very roots. For that reason, Socialism led dozens of famous intellectuals, including a young F.A. Hayek, into a crisis of faith and a realist/libertarian political orientation. All the collectivist literature combined cannot equal the intellectual achievement of this one volume. Own the Book

Publication Information: This online text corresponds to the 1951 Yale University Press edition (in pdf)

Table of Contents

Preface to the Second English Edition  (p. 13)

Translator’s Note  (p. 14)

Preface to the Second German Edition  (p. 15)

Introduction

1. The Success of Socialist Ideas  (p. 25)
2. The Scientific Analysis of Socialism  (p. 27)
3. Alternative Modes of Approach to the Analysis of Socialism  (p. 31)

PART I. LIBERALISM AND SOCIALISM

CHAPTER 1—OWNERSHIP

1. The Nature of Ownership  (p. 37)
2. Violence and Contract  (p. 42)
3. The Theory of Violence and the Theory of Contract  (p. 47)
4. Collective Ownership of the Means of Production  (p. 50)
5. Theories of the Evolution of Property  (p. 52)

CHAPTER 2—SOCIALISM

1. The State and Economic Activity  (p. 56)
2. The “Fundamental Rights” of Socialist Theory  (p. 58)
3. Collectivism and Socialism  (p. 63)

CHAPTER 3—THE SOCIAL ORDER AND THE POLITICAL CONSTITUTION

1. The Policy of Violence and the Policy of Contract  (p. 69)
2. The Social Function of Democracy  (p. 71)
3. The Ideal of Equality  (p. 76)
4. Democracy and Social-Democracy  (p. 79)
5. The Political Constitution of Socialist Communities  (p. 84)

CHAPTER 4—THE SOCIAL ORDER AND THE FAMILY

1. Socialism and the Sexual Problem  (p. 87)
2. Man and Woman in the Age of Violence  (p. 89)
3. Marriage Under the Influence of the Idea of Contract  (p. 94)
4. The Problems of Married Life  (p. 97)
5. Free Love  (p. 101)
6. Prostitution  (p. 106)

PART II. THE ECONOMICS OF A SOCIALIST COMMUNITY
Section I. The Economics of an Isolated Socialist Community

CHAPTER 5—THE NATURE OF ECONOMIC ACTIVITY

1. A Contribution to the Critique of the Concept “Economic Activity”  (p. 111)
2. Rational Action  (p. 112)
3. Economic Calculation  (p. 113)
4. The Capitalist Economy  (p. 122)
5. The Narrower Concept of the “Economic”  (p. 124)

CHAPTER 6—THE ORGANIZATION OF PRODUCTION UNDER SOCIALISM

1. The Socialization of the Means of Production  (p. 128)
2. Economic Calculation in the Socialist Community  (p. 131)
3. Recent Socialist Doctrines and the Problems of Economic Calculation  (p. 135)
4. The Artificial Market as the Solution of the Problem of Economic Calculation  (p. 137)
5. Profitability and Productivity  (p. 142)
6. Gross and Net Product  (p. 145)

CHAPTER 7—THE DISTRIBUTION OF INCOME

1. The Nature of Distribution Under Liberalism and Socialism  (p. 151)
2. The Social Dividend  (p. 152)
3. The Principles of Distribution  (p. 154)
4. The Process of Distribution  (p. 157)
5. The Costs of Distribution  (p. 160)

CHAPTER 8—THE SOCIALIST COMMUNITY UNDER STATIONARY CONDITIONS

1. Stationary Conditions  (p. 163)
2. The Disutilities and Satisfaction of Labour  (p. 163)
3. The “Joy of Labour”  (p. 170)
4. The Stimulus to Labour  (p. 173)
5. The Productivity of Labour  (p. 181)

CHAPTER 9—THE POSITION OF THE INDIVIDUAL UNDER SOCIALISM

1. Selection of Personnel and Choice of Occupation  (p. 185)
2. Art and Literature, Science and Journalism  (p. 187)
3. Personal Liberty  (p. 191)

CHAPTER 10—SOCIALISM UNDER DYNAMIC CONDITIONS

1. The Nature of the Dynamic Forces  (p. 196)
2. Changes in Population  (p. 197)
3. Changes in Demand  (p. 199)
4. Changes in the Amount of Capital  (p. 200)
5. The Element of Change in the Socialist Economy  (p. 203)
6. Speculation  (p. 205)
7. Joint Stock Companies and the Socialist Economy  (p. 208)

CHAPTER 11—THE IMPRACTICABILITY OF SOCIALISM

1. The Fundamental Problems of a Socialist Economy Under Conditions of Change  (p. 211)
2. Attempted Solutions  (p. 212)
3. Capitalism the Only Solution  (p. 217)

Section II. The Foreign Relations of a Socialist Community

CHAPTER 12—NATIONAL SOCIALISM AND WORLD SOCIALISM

1. The Spatial Extent of the Socialist Community  (p. 223)
2. Marxian Treatment of This Problem  (p. 224)
3. Liberalism and the Problem of the Frontiers  (p. 225)

CHAPTER 13—THE PROBLEM OF MIGRATION UNDER SOCIALISM

1. Migration and Differences in National Conditions  (p. 227)
2. The Tendency Towards Decentralization Under Socialism  (p. 229)

CHAPTER 14—FOREIGN TRADE UNDER SOCIALISM

1. Autarky and Socialism  (p. 232)
2. Foreign Trade Under Socialism  (p. 232)
3. Foreign Investment  (p. 233)

Section III. Particular Forms of Socialism and Pseudo-Socialism

CHAPTER 15—PARTICULAR FORMS OF SOCIALISM

1. The Nature of Socialism  (p. 239)
2. State Socialism  (p. 240)
3. Military Socialism  (p. 249)
4. Christian Socialism  (p. 252)
5. The Planned Economy  (p. 256)
6. Guild Socialism  (p. 258)

CHAPTER 16—PSEUDO-SOCIALIST SYSTEMS

1. Solidarism  (p. 263)
2. Various Proposals for Expropriation  (p. 266)
3. Profit-Sharing  (p. 267)
4. Syndicalism  (p. 270)
5. Partial Socialism  (p. 275)

PART III. THE ALLEGED INEVITABILITY OF SOCIALISM
Section I. Social Evolution

CHAPTER 17—SOCIALISTIC CHILIASM

1. The Origin of Chiliasm  (p. 281)
2. Chiliasm and Social Theory  (p. 286)

CHAPTER 18—SOCIETY

1. The Nature of Society  (p. 289)
2. The Division of Labour as the Principle of Social Development  (p. 292)
3. Organism and Organization  (p. 295)
4. The Individual and Society  (p. 297)
5. The Development of the Division of Labour  (p. 299)
6. Changes in the Individual in Society  (p. 304)
7. Social Regression  (p. 306)
8. Private Property and Social Evolution

CHAPTER 19—CONFLICT AS A FACTOR IN SOCIAL EVOLUTION

1. The Cause of Social Evolution  (p. 314)
2. Darwinism  (p. 314)
3. Conflict and Competition  (p. 319)
4. National War  (p. 321)
5. Racial War  (p. 324)

CHAPTER 20—THE CLASH OF CLASS INTERESTS AND THE CLASS WAR

1. The Concept of Class and of Class Conflict  (p. 328)
2. Estates and Classes  (p. 332)
3. Class War  (p. 336)
4. The Forms of Class War  (p. 343)
5. Class War as a Factor in Social Evolution  (p. 344)
6. The Theory of the Class War and the Interpretation of History  (p. 347)
7. Summary  (p. 349)

CHAPTER 21—THE MATERIALIST CONCEPTION OF HISTORY

1. Thought and Being  (p. 352)
2. Science and Socialism  (p. 355)
3. The Psychological Presuppositions of Socialism  (p. 357)

Section II. The Concentration of Capital and the Formation of Monopolies as Preliminary Steps to Socialism

CHAPTER 22—THE PROBLEM

1. The Marxian Theory of Concentration  (p. 361)
2. The Theory of Anti-Monopolistic Policy  (p. 364)

CHAPTER 23—THE CONCENTRATION OF ESTABLISHMENTS

1. The Concentration of Establishments as the Complement of the Division of Labour  (p. 366)
2. The Optimal Size of Establishments in Primary Production and in Transport  (p. 367)
3. The Optimal Size of Establishments in Manufacturing  (p. 369)

CHAPTER 24—THE CONCENTRATION OF ENTERPRISES

1. The Horizontal Concentration of Enterprises  (p. 371)
2. The Vertical Concentration of Enterprises  (p. 371)

CHAPTER 25—THE CONCENTRATION OF FORTUNES

1. The Problem  (p. 374)
2. The Foundation of Fortunes Outside the Market Economy  (p. 374)
3. The Formation of Fortunes Within the Market Economy  (p. 376)
4. The Theory of Increasing Poverty  (p. 381)

CHAPTER 26—MONOPOLY AND ITS EFFECTS

1. The Nature of Monopoly and Its Significance for the Formation of Prices  (p. 385)
2. The Economic Effects of Isolated Monopolies  (p. 388)
3. The Limits of Monopoly Formation  (p. 390)
4. The Significance of Monopoly in Primary Production  (p. 391)

PART IV. SOCIALISM AS A MORAL IMPERATIVE

CHAPTER 27—SOCIALISM AND ETHICS

1. The Socialist Attitude to Ethics  (p. 395)
2. Eudemonistic Ethics and Socialism  (p. 396)
3. A Contribution to the Understanding of Eudemonism  (p. 401)

CHAPTER 28—SOCIALISM AS AN EMANATION OF ASCETICISM

1. The Ascetic Point of View  (p. 404)
2. Asceticism and Socialism  (p. 407)

CHAPTER 29—CHRISTIANITY AND SOCIALISM

1. Religion and Social Ethics  (p. 409)
2. The Gospels as a Source of Christian Ethics  (p. 411)
3. Primitive Christianity and Society  (p. 413)
4. The Canon Law Prohibition of Interest  (p. 417)
5. Christianity and Poverty  (p. 418)
6. Christian Socialism  (p. 423)

CHAPTER 30—ETHICAL SOCIALISM, ESPECIALLY THAT OF THE NEW CRITICISM

1. The Categorical Imperative as a Foundation for Socialism  (p. 430)
2. The Duty of Work as a Foundation for Socialism  (p. 434)
3. The Equality of Incomes as an Ethical Postulate  (p. 436)
4. The Ethical-Aesthetic Condemnation of the Profit-Motive  (p. 437)
5. The Cultural Achievements of Capitalism  (p. 439)

CHAPTER 31—ECONOMIC DEMOCRACY

1. The Slogan “Economic Democracy”  (p. 442)
2. The Consumer as the Deciding Factor in Production  (p. 445)
3. Socialism as Expression of the Will of the Majority  (p. 449)

CHAPTER 32—CAPITALIST ETHICS

1. Capitalist Ethics and the Impracticability of Socialism  (p.451)
2. The Alleged Defects of Capitalist Ethics  (p. 452)

PART V. DESTRUCTIONISM

CHAPTER 33—THE MOTIVE POWERS OF DESTRUCTIONISM

1. The Nature of Destructionism  (p. 457)
2. Demagogy  (p. 459)
3. The Destructionism of the Literati  (p. 463)

CHAPTER 34—THE METHODS OF DESTRUCTIONISM

1. The Means of Destructionism  (p. 469)
2. Labour Legislation  (p. 470)
3. Compulsory Social Insurance  (p. 475)
4. Trade Unions  (p. 478)
5. Unemployment Insurance  (p. 484)
6. Socialization  (p. 487)
7. Taxation  (p. 491)
8. Inflation  (p. 495)
9. Marxism and Destructionism  (p. 497)

CHAPTER 35—OVERCOMING DESTRUCTIONISM

1. The “Interest” as an Obstacle to Destructionism  (p. 500)
2. Violence and Authority  (p. 504)
3. The Battle of Ideas  (p. 507)

CONCLUSION—THE HISTORICAL SIGNIFICANCE OF MODERN SOCIALISM

1. Socialism in History  (p. 511)
2. The Crisis of Civilization  (p. 512)

APPENDIX

A Contribution to the Critique of Attempts to Construct a System of Economic Calculation for the Socialist Community  (p. 516)

EPILOGUE  (p. 525)
(Originally published in 1947 as Planned Chaos by the Foundation for Economic Freedom, Inc.)

http://mises.org/books/socialism/contents.aspx

“…The only certain fact about Russian affairs under the Soviet regime with regard to which all people agree is: that the standard of living of the Russian masses is much lower than that of the masses in the country which is universally considered as the paragon of capitalism, the United States of America. If we were to regard the Soviet regime as an experiment, we would have to say that the experiment has clearly demonstrated the superiority of capitalism and the inferiority of socialism.”

~Ludwig von Mises. Scoialism

 

Then to learn where socialism eventually ends up going, read Friedrich A.. Hayke’s The Road to Serfdom.

http://mises.org/store/Road-to-Serfdom-The-P252.aspx

The Road To Serfsom

The Road to Serfdom is a book written by Friedrich von Hayek (recipient of the Nobel Memorial Prize in Economic Sciences in 1974) which transformed the landscape of political thought in the 20th century, shifting the terms of debate for millions of people across the political spectrum.[1][2] The Road to Serfdom is among the most influential and popular expositions of classical liberalism and libertarianism.

The title refers to economic and political policies which the author believes to invariably lead to the socio-economic condition known as “serfdom.”

The book was originally published by Routledge Press in March 1944 in the UK and then by the University of Chicago Press in September 1944. A condensed version of the book written by Max Eastman was then published as the lead article in the April issue of Reader’s Digest, with a press run of several million copies. This condensed version was then offered as a Book of the Month selection with a press run of over 600,000 copies. In February 1945 a picture-book version was published in Look magazine, later made into a pamphlet and distributed by General Motors. The book has been translated into approximately 20 languages and is dedicated to “The socialists of all parties.” The introduction to the 50th anniversary edition is written by Milton Friedman (another recipient of the Nobel Prize in Economics 1976). In 2007, the University of Chicago Press put out a “Definitive Edition.” In total the book has sold over two million copies.[3]

…”

“…The Road to Serfdom was placed fourth on the list of the 100 best non-fiction books of the twentieth century compiled by National Review magazine. It also made #16 in reader selections of the hundred best non-fiction book of the twentieth century administered by Modern Library.[10]

The Road to Serfdom appears on Martin Seymour-Smith’s list of the 100 Most Influential Books Ever Written, whilst it made #1 on Human Events: Top Ten Books Every Republican Congressman Should Read in 2006.

The book continues to sell in the 10s of thousands of copies each year. Since the November 2008 election of Barack Obama, the University of Chicago Press has seen a massive increase in demand for this book.[citation needed]

Milton Friedman’s assessment:

” . . I think the Adam Smith role was played in this cycle [i.e. the late twentieth century collapse of socialism in which the idea of free-markets succeeded first, and then special events catalyzed a complete change of socio-political policy in countries around the world] by Friedrich Hayek’s The Road to Serfdom.”

Alan Brinkley’s assessment:

“The publication of two books .. helped to galvanize the concerns that were beginning to emerge among intellectuals (and many others) about the implications of totalitarianism. One was James Burnham’s The Managerial Revolution .. [A second] Friedrich A. Hayek’s The Road to Serfdom .. was far more controversial — and influential. Even more than Burnham, Hayek forced into public discourse the question of the compatibility of democracy and statism .. In responding to Burnham and Hayek .. liberals [in the statist sense of this term as used by some in the United States] were in fact responding to a powerful strain of Jeffersonian anti-statism in American political culture .. The result was a subtle but important shift in liberal [i.e. American statist] thinking.”

…”

http://en.wikipedia.org/wiki/The_Road_to_Serfdom

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