A Theory of Socialism and Capitalism
Economics, Politics, and Ethics
Ranked #51 in Libertarianism
Here is Hans Hoppe's first treatise in English — actually his first book in English — and the one that put him on the map as a social thinker and economist to watch. He argued that there are only two possible archetypes in economic affairs: socialism and capitalism. All systems are combinations of those two types. The capitalist model he defines as pure protection of private property, free association, and exchange — no exceptions. All deviations from that ideal are species of socialism, with public ownership and interference with trade.
Within the structure of socialism, he... more
Within the structure of socialism, he... more
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