Tonight at our weekly Discover Capitalism ™ meeting we studied The Economic Foundations of Freedom by Ludwig Von Mises. Here’s an excerpt …
Representative government is the political corollary of the market economy.
The same spiritual movement that created modern capitalism substituted elected officeholders for the authoritarian rule of absolute kings and hereditary aristocracies.
It was this much-decried bourgeois liberalism that brought freedom of conscience, of thought, of speech, and of the press and put an end to the intolerant persecution of dissenters.
… And The Businessman’s Self-Defense Kit by Nicholas Provenzo. An excerpt …
I hold that everyone in the free market is a producer, or someone who has the fruits of someone else’s productivity bestowed upon him.
Accordingly, I hold that to understand the principle that animates the free market, it is inappropriate to look at the people in the market as either producers or consumers. I’m not a producer from 9 to 5 and a consumer the rest of the day. Neither are you.
We are all producers who seek trade with other producers on mutually agreed upon terms, to mutual advantage.
Is there anything more uplifting than talking about Capitalism? No!