Mises turned his attention to one of the great puzzles of all time: discovering why the intellectuals hate capitalism. Theresult is this socio-psycho-cultural analysis informed by economic theory. Mises explores answers from a wide variety of angles, and discusses the nature of academic institutions, popular culture, and how vices like jealousy and envy affect theory. All play a role in preventing people from seeing the self-evident benefits of economic freedom relative to controls. His comments on the resentment of the intellectuals cut very deeply. Mises shrewdly teases the anti-capitalist bias out of contemporary fiction and popular culture generally. In the course of his narrative, he explains aspects of the market that have generally eluded even its defenders.
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****Includes a Biography of the Author **** In The Anti-capitalistic Mentality, economist Ludwig von Mises explains the causes and effect of the irrational fears and hatred by many intellectuals and others toward the concept of capitalism. This book is the authors most famous works; although it is only five chapters he explains the origins of several profound theories unlike any other in the field of Economics. Mises enumerates and rebuts the economic arguments against the psychological and social objections to capitalism. Written during the twentieth-century socialism, this work provides the student with compelling insights into the human reactions of capitalism.
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