Nation, State, and Economy

Socialism and Its Opponents

Nation, State, and Economy
Ludwig von Mises

Mises argues the Prussian authoritarian spirit found its completion in German socialism. Fifty years of blunt hostility ruled out even personal contact between Junkers and Social Democrats—yet the party’s program fused liberal political demands with socialist economics, and German academic economics, having no theoretical basis of its own, was in no position to criticize it.