The history of mankind, wrote Ludwig von Mises, is the history of ideas. The characteristic mark of this age of dictators, wars, and revolutions is its anti-capitalistic bias. Most governments and political parties are eager to restrict the sphere of private initiative and free enterprise. It is an almost unchallenged dogma that capitalism is done for and that the coming of all-around regimentation of economic activities is both inescapable and highly desirable. FULL ARTICLE
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“In the United States, the communists agreed, the workers lacked the revolutionary spirit because they were spoiled by well-being and steeped in the vice of money-making.” – Ludwig von Mises
“[H]igh earnings of the operatives…led to intemperance. Both Thackrah and Gaskell treat this as axiomatic..” – W.H. Hutt. (“The Factory System of the Early Nineteenth Century”.
When these two observations are put together, they make for quite a presumptive commonality, don’t they?
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