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The Ludwig von Mises Institute

Advancing Austrian Economics, Liberty, and Peace

Advancing the scholarship of liberty in the tradition of the Austrian School

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"The program of liberalism, therefore, if condensed into a single word, would have to read: property, that is, private ownership of the means of production... All the other demands of liberalism result from his fundamental demand."  

German edition, 1927; latest English edition Copyright 1985 The Foundation for Economic Education, Irvington, NY. Translation by Ralph Raico. Online edition Copyright The Mises Institute, 2000.
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FRONTMATTER

Preface, 1985 by Bettina B. Greaves, p. v
Foreword by Louis M. Spadaro, p. ix
Preface, English-Language Edition,p xvi

INTRODUCTION

1.  Liberalism, p. 1
2.  Material Welfare p. 4
3.  Rationalism p. 5
4.  The Aim of Liberalism p. 7
5.  Liberalism and Capitalism p. 10
6.  The Psychological Roots of Antiliberalism p. 13

I THE FOUNDATIONS OF LIBERAL POLICY

1.  Property p. 18
2.  Freedom p. 20
3.  Peace  p. 23
4.  Equality  p. 27
5.  The Inequality of Wealth and Income  p. 30
6.  Private Property and Ethics  p. 33
7.  State and Government  p. 34
8.  Democracy  p. 39
9.  Critique of the Doctrine of Force  p. 42
10.  The Argument of Fascism  p. 47
11.  The Limits of Governmental Activity  p. 52
12.  Tolerance  p. 55
13.  The State and Antisocial Conduct  p. 57

2 LIBERAL ECONOMIC POLICY

1.  The Organization of the Economy p. 60
2.  Private Property and Its Critics p. 63
3.  Private Property and the Government  p. 67
4.  The Impracticability of Socialism  p. 70
5.  Interventionism  p. 75
6.  Capitalism: The Only Possible System of Social Organization  p. 85
7.  Cartels, Monopolies, and Liberalism p. 90
8.  Bureaucratization p. 95

3 LIBERAL FOREIGN POLICY

1.  The Boundaries of the State  p. 105
2.  The Right of Self-Determination  p. 108
3.  The Political Foundations of Peace  p. 110
4.  Nationalism  p. 118
5.  Imperialism  p 121
6.  Colonial Policy  p. 124
7.  Free Trade  p. 130
8.  Freedom of Movement  p. 136
9.  The United States of Europe  p. 142
10.  The League of Nations  p. 147
11.  Russia  p. 151

4 LIBERALISM AND THE POLITICAL PARTIES

1.  The "Doctrinairism" of the Liberals p. 155
2.  Political Parties  p. 158
3.  The Crisis of Parliamentarism and the Idea of a Diet Representing Special Groups  p. 170
4.  Liberalism and the Parties of Special Interests  p. 175
5.  Party Propaganda and Party Organization  p. 179
6.  Liberalism as the "Party of Capital" p. 183
5 THE FUTURE OF LIBERALISM   p. 188  

APPENDIX

1.  On the Literature of Liberalism  p. 194
2.  On the Term "Liberalism"  p. 198

Glossary by Percy Greaves 


Special thanks to  Bettina B. Greaves for granting her permission for this online edition.  

This Mises e-book was prepared by Richard Perry