States wish to gain monopolies and maintain them in all facets of life, while entrepreneurs strive to offer alternatives to the state. It's our job to prevent the state from simply declaring the competition illegal, writes Julian Adorney.
This audio Mises Daily is narrated by Dianna Keiler.
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Understanding Anti-Capitalist Fallacies
2023-12-07
Capitalism, defined as a form of social organization in which there are means of production such as private property and wage labor, is not the moral principle upon which liberalism is based. The reason for this is that there are nonliberal scenarios that capitalism, as a moral principle, allows for—for example: slavery, sexism, racism, and various forms of violence.
However, semantic compatibility does not imply a causal relationship between such variables. In this brief text, I will explain why certain anticapitalist arguments have fallacious inferences, showing the semantic relationships between different concepts that constitute the political economy and other similar disciplines.
Fallacious Inferences and False Statements
Sound arguments are those that contain only true statements and
Understanding Our Disharmony
2023-12-05
One of the political trends of the past few years has been an expanding disconnect between political unity rhetoric and the increasing disharmony politicians’ proposals create.
The root of this beltway cognitive dissonance is the rapid increase in government power. Unity rhetoric helps mobilize candidates’ political bases and can sway some independents, helping win elections. However, their postelection expansion of government power into areas where people have dramatically or even diametrically opposed beliefs about Washington’s legitimate role, combined with the fact that government can give nothing it does not first take, guarantees growing disharmony. Once such choices are appropriated into government hands, there is only the question of whose preferences will be imposed on others.
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2023-12-01
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