fbpx
Politics Foreign Affairs Culture Fellows Program

Blast From the Past

Looking over my old Polemics posts, I came across this one that will surely send Misesians into seizures: Let us consider the consequences of this system [of unlimited freedom of capital]. The multiplication of the paths of exchange will soon lead to its logical conclusion, and we will only see on the market those goods […]

Looking over my old Polemics posts, I came across this one that will surely send Misesians into seizures:

Let us consider the consequences of this system [of unlimited freedom of capital]. The multiplication of the paths of exchange will soon lead to its logical conclusion, and we will only see on the market those goods produced by the most miserable of peoples. The Chinese will become the world’s best workers because they only require that their animal needs be met. Later, the worker, the engineer, the salesman, and the banker himself will be purchased on the open market. Then the banker of London, Paris, or Vienna, having made himself rich by putting his capital to work in China, will in turn face an unequal struggle against the Chinese usurer, who will not give himself the luxuries of a princely palace, teams of horses, parties, and the life of the rich. An irremediable decline awaits the economic order of the civilization of the West at the end of this path of freedom of labor, a path down which it is led by the teaching of the philosophers, the science of the economists, and the power of the capitalists. ~ Rene de La Tour du Pin, The Corporate Regime

Advertisement

Comments

The American Conservative Memberships
Become a Member today for a growing stake in the conservative movement.
Join here!
Join here