Despite its origin in Marxist-syndicalist thought, “fascism” has long been used as a derogatory label for practically anyone on the right wing of the political spectrum. Sometimes the label is warranted, but other times it is used against those who have virtually nothing in common with fascists, such as libertarian capitalists. Progressives are
Listen to the Audio Mises Wire version of this article. The GameStop saga shows some “equity” movements are more equal than others. Stakeholder theory , the corporate version of social justice, attempts to install this hopelessly amorphous concept of “equity” in the business world. Equity, unlike equality, demands different treatment of
The Conservative Sensibility by George F. Will Hachette Books, 2019 xxxix + 600 pp. The well-known Washington columnist George Will was long ago a libertarian, but he soon changed his mind, adopting instead a statist variety of conservatism. In The Conservative Sensibility , he returns to his libertarian roots, but the return is incomplete, and he
In a previous installment , I pointed out that in On Liberty , John Stuart Mill advocated for minority opinion to be specially “encouraged and countenanced,” and thus that Mill was not an absolute free market thinker where opinion is concerned. Mill suggested that minority opinion should not only be tolerated but requires special encouragement in
[The State] forbids private murder, but itself organizes murder on a colossal scale. It punishes private theft, but itself lays unscrupulous hands on anything it wants, whether the property of citizen or alien. —Albert Jay Nock, 1928, On Doing the Right Thing LIBERTARIANISM AND THE STATE: A CRITICAL ASSESSMENT Libertarianism has proved to be a
Senator Ferdinand Marcos Jr. has been making headlines lately as the presidential race in the Philippines runs ever closer toward the 2022 elections in May. On the local level, at the time of this writing, he maintains a commanding lead in polls and opinion surveys despite opting out of public debates against other candidates. With overwhelming
So-called liberal democracies have characterized the West for the past century and are viewed as the pinnacle of political development. So much so that Western elites are firmly convinced that this system of governance should be spread far and wide—be it indirectly (color revolutions) or directly (economic sanctions, kinetic military actions, or
Egypt is considered a former socialist state and a country where the tentacles of Marxism can still be found, buried deep within almost every institution, something I have observed having lived there many decades. As I watch and listen to so-called leftists and socialist activists from Europe and North America preach about the need for wealth
“To mount an effective response to the reigning egalitarianism of our age, therefore, it is necessary but scarcely sufficient to demonstrate the absurdity, the anti-scientific nature, the self-contradictory nature, of the egalitarian doctrine, as well as the disastrous consequences of the egalitarian program. All this is well and good. But it
You do not defend a world that is already lost. When was it lost? That you cannot say precisely. It is a point for the revolutionary historian to ponder. We know only that it was surrendered peacefully, without a struggle, almost unawares. There was no day, no hour, no celebration of the event—and yet definitely, the ultimate power of initiative
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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.