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RE: Why is "for-profit" not bad? - Arguments against Etatism/ Interventionism and for Austrian School/ Agorism

in #economy2 months ago (edited)


If everyone took his share of production, and if production were socialised — as political economy, if it aimed at the satisfaction of the ever-growing needs of all, would advise us to do — then more than one half of the working day would remain to everyone for the pursuit of art, science, or any hobby he or she might prefer; and his work in those fields would be the more profitable if he spent the other half of the day in productive work — if art and science were followed from mere inclination, not for mercantile purposes. Moreover, a community organised on the principles of all being workers would be rich enough to conclude that every man and woman, after having; reached a certain age — say of forty or more — ought to be relieved from the moral obligation of taking a direct part in the performance of the necessary manual work, so as to be able entirely to devote himself or herself to whatever he or she chooses in the domain of art, or science, or any kind of work. Free pursuit in new branches of art and knowledge, free creation, and free development thus might be fully guaranteed.. And such a community would not know misery amidst wealth. It would not know the duality of conscience which permeates out life and stifles every noble effort. It would freely take its flight towards the highest regions of progress compatible with human nature.

"if if if if if all are kind and work as I say they should and everything was socialised and political.... we had utopia"

do it. just do it. and stop getting on the nerves of people working for free and open, self-regulating markets

you should have something to do. but that's not what people want.

It would freely take its flight towards the highest regions of progress compatible with human nature.

yaya. it would just be utopia - for everyone. without knowledge at all..

this last sentence just shows why praxeology is so important.
Just read human action by mises or don't, I don't even care.
Everyone is the architect of his own fortune