Families provide an example of social bonds without private property, prices, and “capitalist exploitation.” So, it’s odd that Marx wanted to abolish the family. Original Article: “Why Do Socialists Hate Families?”
Listen to the Audio Mises Wire version of this article. One of Ludwig von Mises’s most important contributions was to point out that economic calculation is impossible under socialism. Meeting consumer demands requires that factors of production are allocated to the right lines of production in the right quantities at the right time — and that
Why Markets Are Pro-Human In an unhampered market economy, entrepreneurs anticipate what we want and need and then use labor to turn land and natural resources into things that are most urgently needed: like houses, schools, hospitals, food, cars, and energy. Consumers respond by either buying or not buying what entrepreneurs have produced. The
What is the Mises Institute?
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.
