Archive

Posts Tagged ‘Ludwig von Mises’

Ludwig von Mises and the demise of the Austrian School (2)

January 22, 2013 Leave a comment

corporate_flag1

Part Two: “Lies, damned lies and statistics”

In part one of this series I made four points:

  1. Critical socialism is not the same thing as socialism proper: the first is a political criticism of capitalism, the second is a process created by capitalism itself.
  2. Socialism proper is nothing more than a transition from individual production and exchange to directly social production and results from the historical action of the capitalist mode of production itself on the conditions of labor.
  3. As against Mises’s argument that inequality of talents and abilities among the members of society is the precondition and determining force of social life, Marx argues the development of the productive forces obscures religious, social, intellectual and individual differences.
  4. When confronting this universal leveling power of the productive forces, the old dying order makes futile attempts to check or break it by political means, i.e., by employing the state power to protect its privileges.

In this part, I will show how Mises falsified empirical evidence, misrepresented Marx’s theory of capitalist concentration and centralization of capital, and some thoughts on why I think the Austrian school as a whole serves only as ideological cover for the apologists of the fascist state. The Austrian school provides these fascists with a conveniently pessimistic model of the real state of society in the absence of the state that is employed solely to discourage the working class from recognizing the need for its abolition. In short, Austrian theory reinforces the argument that there is no alternative to the fascist state.

Read more…

Ludwig von Mises and the demise of the Austrian School

January 20, 2013 Leave a comment

austrian_economist_ludwig_von_mises

Since Zak Drabczyk has been having a lot of fun stomping on the basic and sacred arguments of the Austrian-school-type regressive anarchist trend centered on the Mises Institute, I thought I would pile on and get in a few punches on my own. So, at the request of an anarchist on twitter, @adamblacksburg, I wrote up this two part critique of Ludwig von Mises’ SOCIALISM. I will post the second part of this critique by Friday.

Read more…