Showing posts with label Marx. Show all posts
Showing posts with label Marx. Show all posts

Monday, December 15, 2025

Marx Corrected

From each according to his freely undertaken contribution to the creation of wealth. To each according to the same.

Tuesday, November 19, 2024

Taking It for Granted

"Capitalism, says Marx, unthinkingly repeating the fables of the eulogists of the Middle Ages, has an inevitable tendency to impoverish the workers more and more. The truth is that capitalism has poured a horn of plenty upon the masses of wage earners who frequently did all they could to sabotage the adoption of those innovations which render their life more agreeable. How uneasy an American worker would be if he were forced to live in the style of a medieval lord and to miss the plumbing facilities and the other gadgets he simply takes for granted!" —Ludwig von Mises, Human Action

Saturday, April 20, 2024

Class versus Identity Politics?

Parts of the "left" and "right" often lament that class politics has given way to identity politics. I don't get that. Class was the original modern political identity, and state privilege was part of the cause. Libertarians and classical liberals long warned that lethal and impoverishing social disintegration would result from an ideology -- socialism-- based on Marxist class conflict, which pits business people against working people (as if business people don't work).

We need to abolish politics, not reform it because it's toxic. That won't eliminate classes, or useful social categories. We'll always have people who own businesses, people who manage them, and people employed by them. But those are not and won't be pure categories. Owners work. Managers work. And workers own -- shares in corporations. (Check your retirement account.) Ultimately, in the free market everyone has the same boss: the consumers.

What we must strive for is, to coin a phrase, classes without borders. That is, mobility. To get it we need free markets, which would end: occupational licensure, home-bulding restrictions, business permits, the minimum wage, immigration control, and so much more.