
A Theory of Socialism and Capitalism
Mises Audio Books Podcast
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The Clash of Wealth and Morality in Socialism
This chapter critically examines the tension between economic wealth and moral principles in the context of socialism, highlighting the philosophical contradictions surrounding property rights. It argues that socialism's reliance on coercion undermines individual autonomy and fails to establish justifiable property norms. The discussion ultimately advocates for a rationalist approach to ethics, emphasizing the importance of objective property rights within a capitalist framework.
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