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The Anti-Capitalistic Mentality Paperback – Aug 6 2009
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About the Author
Ludwig von Mises (1881-1973) was a preeminent philosopher and economist during the twentieth century. He shared an intellectual friendship with literary giant Ayn Rand, and his theorems and philosophies have continued to influence the careers and ideas of politicians and economists alike. --This text refers to an out of print or unavailable edition of this title.
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Top Customer Reviews
We often think of von Mises as a great economist (which he certainly was), but Mises considered his work to be "sociology" as well. However, his writings are full of brilliant sociological commentary on any number of subjects. Take the chapter "The Non-Economic Objections to Capitalism." How often people criticize Capitalism for its alleged "materialism." But listen to Mises: "The preeminent art of this age of . . . 'materialism' was music. Wagner and Verdi, Berlioz and Bizet, Brahms and Bruckner, Hugo Wolf and Mahler . . . ." [p. 61.] And this music was written before the record permitted the great masters to be enjoyed by the common man, who could never hob-nob with aristocracy at the great music halls of the world.
In addition to this type of sociology, sprinkled throughout the book are concise economic lessons about how the increase in capital is the cause of higher wages, not unions and socialist schemes. So this book is a useful introduction to Mises' thought.
Although this book is important, if you want to understand the greatness of Mises, read: HUMAN ACTION, SOCIALISM, and THEORY OF MONEY AND CREDIT. Also, Prof. Kirzner's book on Mises is an outstanding introduction.
The first part explains the features of capitalism with reference to the sovereign consumer and the process of economic improvement. It also exposes the roots of the hostility towards the free market from various quarters. For example, entrenched elites hate the merit principle. Mises also looks at the animosity on the part of intellectuals, white-collar workers and Hollywood/Broadway entertainers.
Part Two discusses capitalism as seen by the ordinary person, considering the influence of the intelligentsia and celebrities. Ignorance and the emotions of envy and the hatred are the driving forces behind the anti-capitalistic mentality. The erroneous idea that one person's gain must be another's loss is still very prevalent today. The market is often demonized for the results of state intervention against its unfettered operation. In other words, the critics do not understand cause and effect or they do but deliberately distort the facts.
Literature Under Capitalism is the title of the third section, in which Mises analyses success on the book market, the popularity of detective stories, the bigotry of the literati, plus social novels and plays.Read more ›
Most recent customer reviews
An essential reading to understand the mind from who argue against capitalism. Excellent and easy to read. Written by one of the greatest mind ever.Published 1 month ago by Fabio N. Leite
Some areas of this book, the reader will be find themselves in full agreement. At the other times, the reader will not agree with Von Mises`s conclusions. Read morePublished on Dec 5 2012 by Patrick Sullivan
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