David Gordon continues his analysis of Graham Priest’s book, Capitalism: Its Nature and Its Replacement. While Priest might not understand either Marxism or capitalism, his book has useful insights.
We want stuff now, we want happiness now, we want that vacation or car or trinket now. This is simple human nature. But we also have the capacity to plan and prepare for the future. This innate human desire to improve our material circumstances in the future is the driver of all economic growth.
All too often we are told that government employment equals selflessness and working for profit constitutes greed. It's time to reassess the meaning of certain words.
Who owns and controls language? There should be greater awareness and understanding of the distinction between evolution and corruption, between spontaneous linguistic changes and the imposition of language to serve an agenda.
Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political ec
