The Anti-capitalistic Mentality
Publication Year: 2012
Published by: Liberty Fund
Title Page, Copyright
Throughout most of the twentieth century Ludwig von Mises (1881- 1973) was the leading spokesman of the Austrian school, the subjective-value marginal-utility theory of economics. He was born in pre-World War I Austria-Hungary. During the interwar years, he taught at the University ...
The substitution of laissez-faire capitalism for the precapitalistic methods of economic management has multiplied population figures and raised in an unprecedented way the average standard of living. A nation is the more prosperous today the less it has tried to put obstacles in the ...
1. The Social Characteristics of Capitalism and the Psychological Causes of Its Vilification
The characteristic feature of modern capitalism is mass production of goods destined for consumption by the masses. The result is a tendency towards a continuous improvement in the average standard of living, a progressing enrichment of the many. Capitalism deproletarianizes the ...
2. The Ordinary Man's Social Philosophy
The emergence of economics as a new branch of knowledge was one of the most portentous events in the history of mankind. In paving the way for private capitalistic enterprise it transformecl within a few generations all human affairs more radically than the preceding ten thousand years ...
3. Literature Under Capitalism
Capitalism provides many with the opportunity to display initiative. While the rigidity of a status society enjoins on everybody the unvarying performance of routine and does not tolerate any deviation from traditional patterns of conduct, capital ism encourages the innovator. Profit is ...
4. The Noneconomic Objections to Capitalism
Critics level two charges against capitalism: First, they say, that the possession of a motor car, a television set and a refrigerator does not make a man happy. Secondly, they add, that there are still people who own none of these gadgets. Both propositions are correct, but they do not ...
5. "Anticommunism" versus Capitalism
In the universe there is never and nowhere stability and immobility. Change and transformation are essential features of life. Each state of affairs is transient; each age is an age of transition. In human life there is never calm and repose. Life is a process, not a perseverance in a ...
Page Count: 84
Publication Year: 2012
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