Caos planificado

The peculiar title of this volume comes from Mises's description of the reality of central planning and socialism, whether in its nationalist (Nazism) or internationalist (communism) aspects. Instead of creating an orderly society, the centralizing claim has precisely the opposite effect. By short-circuiting the price mechanism and forcing people to lead economic lives contrary to their own choosing, central planning destroys the capital base and creates economic randomness that ultimately kills prosperity.