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Readings for “Capitalism and Socialism”

Readings for “Capitalism and Socialism”
Main Texts:Hans-Hermann Hoppe, A Theory of Socialism and Capitalism, chapters 1-2Ludwig von Mises, “Economic Calculation in the Socialist Commonwealth“Friedrich Hayek, Individualism and Economic OrderKarl Marx and Friedrich Engels, Manifesto of the Communist PartyClass 1: Capitalism, Socialism, and the Mixed EconomyBasic: Hoppe, chapters 1-2; Salerno, “Postscript: Why a Socialist Economy is ‘Impossible’”Advanced: chapter 3 of Thomas Sowell’s Knowledge and Decisions; Ludwig von Mises, Marxism UnmaskedBackground: Karl Marx, Economic and Philosophic Manuscripts of 1844, specifically the essays “Wages of Labour,” “Estranged Labour,” “Private Property and Communism,” “Human Needs and Division of Labour Under the Rule of Private Property,” and “The Power of Money”Class 2: Economic Calculation in the Socialist CommonwealthBasic: Mises, “Economic Calculation in the Socialist Commonwealth;” Hayek chapter 4; Salerno Postscript (again)Advanced: Hayek chapters 7-9; Murray Rothbard, Man, Economy, and State chapters 7-9 and the related lectures from the Rothbard Graduate Seminar; Mises, Human Action chapters 11-15, 25-26Class 3: Capitalism and Socialism in PracticeBasic: Review Mises and Hayek. Hoppe, chapters 3-6 plus my review of Eugen Richter’s Pictures of the Socialistic FutureAdvanced: Eugen von Richter, Pictures of the Socialistic Future; Murray Rothbard, “The End of Socialism and the Calculation Debate RevisitedClass 4: The Cultural and Environmental Critique of CapitalismBasic: Hoppe, Chapter 7; Art Carden, “Common Objections to Capitalism“ and the video of my lecture on the same at the “In Defense of Capitalism” conference in Copenhagen; Art Carden, “Environmental Economics“Advanced: Deirdre N. McCloskey, Bourgeois Virtues: Ethics for an Age of Commerce, pp. 1-60; Murray Rothbard, “Law, Property Rights, and Air PollutionClass 5: The Persistence and Popularity of InterventionismBasic: Hoppe, chapters 8-10; Friedrich Hayek, “The Intellectuals and Socialism“; Art Carden, “Why is Capitalism So Unpopular?“; Mises,Human Action chapter 39Advanced: Human Action chapters 27-38
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