The pre-capitalistic system of product was restrictive. Its historical basis was military conquest. The victorious kings had given the land to their paladins. These aristocrats were lords in the literal meaning of the word, as they did not depend on the patronage of consumers buying or abstaining from buying on a market. On the other hand, they
Mises Institute-Peru is proud to present this English-language version of an article written by Ludwig von Mises that, until now, was only available in Spanish. The text was translated by Lucas Ghersi. This article was first published in the Mexican journal Cuadernos Americanos, Mexico , Year 1, vol. 4, July-August 1942. According to Bettina Bien
[This essay, written in October 1941, in one of Mises’s lesser-known works and explores the use of a union of Eastern European states in addressing geopolitical threats in the region. Readers may be struck by how far Mises goes in supporting a strong central government in this case. We post it here for purposes of prompting discussion.] I. Peace
Marx assumed that “interests” were independent of human ideas and thoughts. He said that socialism was the ideal system for the proletariat. He said class interests determine the thinking of individuals and that this situation causes irreconcilable conflicts between the various classes. Marx then returned to the point at which he had
Volume 1, No. 2 (Summer 1998) Terminological Remarks It is customary to distinguish between competition and monopoly. This distinction suggests the idea that in the case of monopoly there is no competition at all. However, this is not true with regard to the monopolies we have to deal with in a study devoted to the problems of a market economy.
Volume 3, No. 1 (Spring 2000) [EDITOR’S NOTE: Ludwig von Mises published a French language version of this paper, translated from German by Gaston Leduc, in Revue d’économie politique in 1938 (97, no. 6:899–906). Mises himself wrote this English language version which was previously unpublished. In this article, he discusses the different elements
This is the critical analysis to which Mises refers in Human Action, 3rd ed . page 488, note 5 (Chicago: Regnery , 1966). It appeared in Nationalökonomie (Geneva, Switzerland: Editions Union, 1940), pp . 439-444. This excerpt has been translated from the German by Bettina Bien Greaves and edited by Percy L. Greaves , Jr .:
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
