Sorry if I was not suppose to start a new thread on HA.
On page 300, in Chapter XV 'The Market' In section 9, 'Entrepreneurial Profits and Losses in a Progressing Economy'.
Mises writes
Mises: It is not the business of the entrepreneurs to make people substitute sound ideologies for unsound. It rests with the philosophers to change people’s ideas and ideals. The entrepreneur serves the consumers as they are today, however wicked and ignorant.
It is not the business of the entrepreneurs to make people substitute sound ideologies for unsound. It rests with the philosophers to change people’s ideas and ideals. The entrepreneur serves the consumers as they are today, however wicked and ignorant.
What weight does this statement hold for the ideological side of AE, the philosophers, ect...
I see where Mises is coming from. If a society is immoral is it possible to just end up in an Orwellian nightmare as described in Orwell's book, 1984? Or would such points really be irrelevant under a widespread anarchic establishment.
filc:I see where Mises is coming from. If a society is immoral is it possible to just end up in an Orwellian nightmare as described in Orwell's book, 1984? Or would such points really be irrelevant under a widespread anarchic establishment.
I don't see how it could be irrelevant.... there must be a demand for justice to encourage entrepreneurs to direct supply to meet it.
Where there is no property there is no justice; a proposition as certain as any demonstration in Euclid
Fools! not to see that what they madly desire would be a calamity to them as no hands but their own could bring
I thought there may be an ethical argument here but I may just be looking too far into it.