2012 Reprint of 1962 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. 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, a 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.