The Anti-Capitalistic Mentality

In 1954, after a lifetime of serious theoretical work in economic science, Mises turned his attention to one of the great puzzles of all time: discovering why the intellectuals hate capitalism. The result is this socio-psycho-cultural analysis informed by economic theory. Mises explores answers from a wide variety of angles, and discusses the nature of academic institutions, popular culture, and how vices like jealousy and envy affect theory. All play a role in preventing people from seeing the self-evident benefits of economic freedom relative to controls. His comments on the resentment of the intellectuals cut very deeply. Mises shrewdly teases the anti-capitalist bias out of contemporary fiction and popular culture generally. In the course of his narrative, he explains aspects of the market that have generally eluded even its defenders. For example, is it true that markets dumb down the culture, exalting trashy novels and movies over higher-brow fare? Mises points out that the tastes of the masses will always and everywhere be lower than those educated and cultivated to love higher culture. But, he says, the glory of capitalism is that it brings to every sector what it wants and needs, and more of it than any other system. So, yes, there will be more trash, but also more great work as well. It is a matter of availability: Under socialism, nothing is available. Under capitalism, choice seems nearly infinite. His is quite subtle in his analysis here and throughout. It's remarkable how his narrative applies in our time, even more than when it was written. The style of this volume is more casual than you will find elsewhere. In some sense, it is more thrilling for it. The reader senses that Mises has unleashed a lifetime of frustration here, and shined a very bright light on some dark corners of opinion. The contents of this volume include: I. The Social Characteristics of Capitalism and the Psychological Causes of Its Vilification 1. The Sovereign Consumer 2. The Urge for Economic Betterment 3. Status Society and Capitalism 4. The Resentment of Frustrated Ambition 5. The Resentment of the Intellectuals 6. The Anti-capitalistic Bias of American Intellectuals 7. The Resentment of the White-Collar Workers 8. The Resentment of "Cousins" 9. The Communism of Broadway and Hollywood 10. The Non-Economic Objections to Capitalism 11. Ant-Communism vs. Capitalism II. The Ordinary Man's Social Philosophy 1. Capitalism as it is and as it is Seen by the Common Man 2. The Anti-capitalistic Front III. Literature Under Capitalism 1. The Market for Literary Products 2. Success on the Book Market 3. Remarks about the Detective Stories 4. Freedom of the Press 5. The Bigotry of the Literati 6. The "Social" Novels and Plays



Back



aboutLiberty Portal

Liberty Portal is a gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important lessons from economics, philosophy, history and more.

suggested

Matt Kibbe

Don't Hurt People and Don't Take Their Stuff: A Libertarian Manifesto

In this essential manifesto of the new libertarian movement, New York Times bestselling author and president of FreedomWorks Matt Kibbe makes a stand for individual liberty and shows us what we must do to preserve our freedom.

Don't Hurt People and Don't Take Their Stuff is a rational yet passionate argument that defends the principles upon which America was founded—principles shared by citizens across the political spectrum. The Constitution grants each American the right to self-determination, to be protected from others whose actions are destructive to their lives and property. Yet as Kibbe persuasively shows, the political and corporate establishment consolidates its power by infringing upon our independence—from taxes to regulations to spying—ultimately eroding the ideals, codified in law, that have made the United States unique in history.

Kibbe offers a surefire plan for reclaiming our inalienable rights and regaining control of our lives, grounded in six simple rules:

Don’t hurt people: Free people just want to be left alone, not hassled or harmed by someone else with an agenda or designs over their life and property.
Don’t take people’s stuff: America’s founders fought to ensure property rights and our individual right to the fruits of our labors.
Take responsibility: Liberty takes responsibility. Don’t sit around waiting for someone else to solve your problems.
Work for it: For every action there is an equal reaction. Work hard and you’ll be rewarded.
Mind your own business: Free people live and let live.
Fight the power: Thanks to the Internet and the decentralization of knowledge, there are more opportunities than ever to take a stand against corrupt authority.



Peter Schiff

How An Economy Grows And Why It Crashes

How an Economy Grows and Why it Crashes uses illustration, humor, and accessible storytelling to explain complex topics of economic growth and monetary systems. In it, economic expert and bestselling author of Crash Proof, Peter Schiff teams up with his brother Andrew to apply their signature "take no prisoners" logic to expose the glaring fallacies that have become so ingrained in our country?s economic conversation.

Inspired by How an Economy Grows and Why It Doesn't? a previously published book by the Schiffs? father Irwin, a widely published economist and activist?How an Economy Grows and Why It Crashes incorporates the spirit of the original while tackling the latest economic issues.With wit and humor, the Schiffs explain the roots of economic growth, the uses of capital, the destructive nature of consumer credit, the source of inflation, the importance of trade, savings, and risk, and many other topical principles of economics.

The tales told here may appear simple of the surface, but they will leave you with a powerful understanding of How an Economy Grows and Why it Crashes.



Naked Nutrition

Pure Creatine Monohydrate

ONLY ONE INGREDIENT: 100% Pure Micronized Creatine Monohydrate. Certified Vegan, Non-GMO, Soy Free and Gluten Free.
HIGHEST QUALITY: Naked Creatine is the highest grade creatine monohydrate supplement available.
FAST DISSOLVING: Unlike other brands, Naked Creatine dissolves quickly in water or your juice of choice.
RAPID ABSORPTION: Pure creatine monohydrate allows for fast absorption which enhances gains, strength, and increases training capacity.
NO ADDITIVES: Made from pure monohydrate creatine with no artificial sweeteners, flavors or colors.



support

If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.

Donate Now

Support the liberty movement

Become a contributor

Want to join the fight and publish your content here? Email us at team at libertyportal dot com!

Collaborate with Liberty Portal

