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Lecture 9 of 13 · Ludwig von Mises Archives

Socialism

Ludwig von Mises · 33:31 · Recorded 24 January 1972

Mises explains why socialism always fails due to the absence of a free market pricing structure for capital goods.

Other Schools of ThoughtPhilosophy and Methodology

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Ludwig von Mises Archives

13 lectures, 11.4 hours, recorded 1958–1972. See the full series or subscribe by RSS.

Speakers: Ludwig von Mises.

Recording date and topics for this lecture come from the Mises Institute's page for Socialism, checked 2026-07-23.