6.1. The German Youth Movement

Tags: Philosophy and Methodology, Political Theory, World History

05/02/1944 Ludwig von Mises

Capitalism is a system under which everybody has the chance of acquiring wealth. Not everybody, of course, is favored by good luck. But everybody knows that strenuous effort pays. All roads are open to the smart youngster. Life is worth living because it is full of promise. All this was literally true of America. But it is quite a different thing under the rising tide of bureaucratization.

From Chapter VI: “The Psychological Consequences of Bureaucratization”. Narrated by Millian Quintero.

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