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This edition is the original as published by Yale University, the edition that introduce to American audiences the first thorough and scientific demolition of what was and is one of the great delusions in the history of the world. 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 implicit religious doctrines behind Western socialist thinking, a cultural critique of socialist teaching on sex and marriage, 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 yanked out the collectivist 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.
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