statism

(Pure) capitalism is an economic system with division of labor and private ownership (not only of the means of production, but) of all human property, including the means of production, consumer goods, and man himself and products of his labor. The logical and economic consequence of such a preposition is that capitalism is naturally beneficial not only for capitalists and entrepreneurs, but for everyone, for all the people in society.
#capitalism #statism #economics #science

"Whoever wishes peace among peoples must fight statism," — Ludwig von Mises.
https://mises.org/mises-daily/mises-war-0
#statism #mises #war #peace

If Austrian economics is the only true economics, why isn't it taught in universities?
The answer is that the #bureaucracy, the state cannot profit from it. Because people who know the real economics will not allow the bureaucrats, the state to do what they can do now.
#economics #austrianeconomics #science #statism #education

People think the system is to blame. If so, they need to define what that system is. They call it #capitalism. I call it #statism. I think people can make the world a better place by learning ideas they don't know, true #economics, which should be the foundation of everyone's worldview. Please read/listen to #Mises's #Bureaucracy first! It's free.
https://mises.org/library/book/bureaucracy