Tuesday, July 20, 2010

The Writing on the Berlin Wall: Pictures of the Socialistic Future

by Andy Duncan

Mises Daily
July 20, 2010

If someone gave me a gold sovereign for every time in my life I had heard a variation on the following phrase, then in the words of Private James Frazer, from Dad's Army, I would now be an extremely wealthy man. Here's the general phrase that you may have heard too:

"Socialism is a great idea, but human nature is so perverse, selfish, and horrible, that nobody has figured out how to do it right yet."

There are so many misconceptions buried within that simple sentence that there are few single books that can refute them with justice. One that springs immediately to mind is Socialism, written by Ludwig von Mises in 1922; unfortunately this is an immense, distilled work that requires perhaps weeks, months, or even years of study to fully appreciate.


A free PDF version of the book