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The Anti-Capitalistic Mentality [Paperback]

Ludwig Von Mises
4.7 out of 5 stars  See all reviews (7 customer reviews)
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Book Description

13 Nov 2011
The Anti-Capitalistic Mentality by Austrian School economist and libertarian thinker Ludwig von Mises is an investigation into the psychological roots of the anti-capitalistic stance that is widespread in segments of the general population of the capitalist world. Von Mises suggests various reasons for this mentality, primarily his claim that free competition in the market economy allows no excuses of one's failures. Rather, he argues, it creates great incentive for one's desire for improvement and greater effort to succeed, as well as a greater reward for that success.

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Product details

  • Paperback: 56 pages
  • Publisher: CreateSpace Independent Publishing Platform (13 Nov 2011)
  • Language: English
  • ISBN-10: 1467934836
  • ISBN-13: 978-1467934831
  • Product Dimensions: 24.6 x 18.9 x 0.3 cm
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Bestsellers Rank: 126,944 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful
4.0 out of 5 stars Worth reading - but slightly polemic! 6 April 2013
Format:Kindle Edition|Verified Purchase
Not one of von Mises more objective essays but as always, frank, to the point and instructive. von Mises is analyses of political economies are well worth studying and shed more than a little light on the present state of western economies and the gross incompetence that has led us into them.
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35 of 45 people found the following review helpful
5.0 out of 5 stars Timeless classic 10 Sep 2006
By Pieter Uys HALL OF FAME TOP 500 REVIEWER
Format:Paperback
This little classic is still relevant today although certain things have changed for the better since it was first published in 1956. Much of what has improved is due to the age of Thatcher and Reagan and technological advances, in particular the Internet. The book investigates the anti-capitalistic mentality from a psychological, sociological and economic perspective. Everything that Mises identified is still prevalent amongst that mindset today although the mental virus has mutated since the fall of the Berlin Wall and the collapse of the Soviet Empire.

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.
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5.0 out of 5 stars Clear eyed survey 17 May 2014
By Tobin
Format:Paperback|Verified Purchase
Ludwig von Mises is certainly one of the greatest economists that ever lived. In this little booklet he goes beyond econimics and explores the reasons why, despite its obvious shortcomings and inhumane outcomes, socialism contiues to exude an irresistable appeal to so many people.

And I for one think he nails it.
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2 of 3 people found the following review helpful
5.0 out of 5 stars The human frailty of bien pensant 14 Aug 2012
By Mr. T
Format:Paperback|Verified Purchase
This book provides a powerful insight into the psychology and causation of political agendas; the dynamics of which are basically the unbridled emotions of childhood that have seeped into the adult subconcious.
It goes a long way in shedding light on how individuals wrestling with their personal demons can unwittingly affect advancement at the highest level.
The 112 page book is written plainly in non-technical style at a human level and would provide a formative read especially for gestating student intellects.
By giving a clue to politico-think, it should provide pause for thought before a cross is placed on the ballot paper.
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