Marxists have claimed that capital undermines human freedom. Ludwig von Mises, on the other hand, pointed out that capital developed within a free market is essential to personal liberty.
Eduard Braun
Dr. Eduard Braun is associate professor at the institute of management and economics of the Clausthal University of Economics (Germany). He is a former Mises Institute Research Fellow. His latest book “Capital and Capitalism“ develops Ludwig von Mises’s approach to capital and economic calculation.