10. Historicism
From Theory and History Part Three, “Epistemological Problems of History”. Narrated by John Pruden.
From Theory and History Part Three, “Epistemological Problems of History”. Narrated by John Pruden.
From Theory and History Part Four, “The Course of History”. Narrated by John Pruden.
From Theory and History Part Three, “Epistemological Problems of History”. Narrated by John Pruden.
There is no such thing as interests independent of ideas, preceding them temporally and logically.
"This is firsthand experience of the truth of Mises's argument against socialism: that without market prices for factors of production, there is no intelligent or rational way to organize society."
Marx and Engels, two men of unquestionable bourgeois background, hatched the class ideology of the proletarian class.
We are certainly as far from capitalism in its pure form as we are from any system of central planning. The world of today is just interventionist chaos.
To conceal the fact that Marx invented his concept of ideology expressly to discredit the economists, he elevated it to the dignity of a general ep
However one may turn the matter, one cannot discover any reason why an ideological distortion of truth should be more useful to the bourgeoisie than a correct theory.
The right alternative is not yet another and more global experiment in paper-money inflation.