Three months ago, the CEO of Gravity Payments, a Seattle credit card processing firm, announced that all of the firm’s employees would be paid a minimum of $70,000 a year, according to this story . Now, the firm has fallen on hard times, and some of the firm’s “higher valued” employees have quit. One employee who quit said, “He gave raises to
Though widely dispensed with in the field of economics, the notion of “wage slavery” is still common among progressives and socialists of many stripes. It is not uncommon, especially on social media, to run into people insisting that employers are “stealing” part of their labor because the wage they receive from is less than the contribution of
A belief still commonly held today by not just Marxists and socialists, but progressives of many stripes, is the insistence that employers are “stealing” part of their workers’ labor because the wage workers receive from their employer are less than the contribution of their labor to the final value (i.e., selling price) of the finished good.
Radio Rothbard is a weekly podcast hosted by Ryan McMaken and Tho Bishop. The show tackles politics, current events, culture, media, and the predatory state—all from an uncompromising Rothbardian perspective. Radio Rothbard is the weekly anti politics podcast you don’t want to
Audio recordings of Mises Wire articles, offering contemporary news and opinion through the lens of Austrian economics and libertarian political economy.
Capitalism—Its Nature and Its Replacement: Buddhist and Marxist Insights por Graham Priest Routledge, 2021; 312 pp. El título de este libro parece desconcertante a primera vista: ¿qué tiene que ver el budismo con el marxismo? Cuando nos enteramos de que el autor acepta el análisis de Karl Marx sobre el capitalismo y también desea sustituir el
Las personas que celebran el Día del Trabajo suelen hacerlo asistiendo a una celebración regional del Día del Trabajo, normalmente organizada por sindicatos. No cabe duda de que en estas reuniones se oye la frase «apoyemos a todos los trabajadores». Una búsqueda en Google revelará el ejemplo más reciente del uso de esta frase. A la luz de la
El 15 de septiembre de 2023, el sindicato United Auto Workers (UAW) organizó una huelga masiva de trece mil trabajadores y, por primera vez, golpeó simultáneamente a tres empresas automovilísticas distintas: General Motors, Ford y Stellantis. Associated Press señaló que, por el momento, sólo tres plantas de montaje están en huelga: una fábrica de
What is the Mises Institute?
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.