Sunday, July 05, 2009

Free Market Economics Is Not "Individualism."

People benefit from the mutually advantageous cooperation that is a part of the market process. Here is what Ludwig von Mises said about it:

"The greater productivity of work under the division of labour is a unifying influence. It leads men to regard each other as comrades in a joint struggle for welfare, rather than as competitors in a struggle for existence. It makes friends out of enemies, peace out of war, society out of individuals."
                                                                 Socialism by Ludwig von Mises, p. 261

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