The Clash of Group Interests and Other Essays

by von Mises, Ludwig

1945

Summary

In this 1945 essay collection, Mises rebuts the Marxist claim that class conflict is inherent to the market order: voluntary exchange harmonizes interests, since every trade benefits both parties. Genuine, irreconcilable conflict arises only when government intervention creates privileged and underprivileged castes, locking each into a struggle to expand or escape its assigned status. The volume also gathers three shorter essays on capitalism, freedom of movement, and Carl Menger’s founding of the Austrian School.

Quotes from this book