Capitalism

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7️⃣ Liberalism and Capitalism

AustroBot event 2026

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"The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders. The captain is the consumer."

— von Mises, Ludwig event 1949

menu_book Human Action: A Treatise on Economics

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"What distinguishes the successful entrepreneur and promoter from other people is precisely the fact that he does not let himself be guided by what was and is, but arranges his affairs on the ground of his opinion about the future. He sees the past and the present as other people do; but he judges the future in a different way."

— von Mises, Ludwig event 1949

menu_book Human Action: A Treatise on Economics

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auto_stories Books

Atlas Shrugged

person Rand, Ayn event 1957

Epic novel depicting a dystopian United States where industrialists and entrepreneurs mysteriously disappear, exploring themes of individualism, ca...

visibility Objectivism swap_horiz Capitalism person Individual Rights auto_stories Fiction

Capitalism and Freedom

person Friedman, Milton event 1962

A seminal work arguing that economic freedom is a prerequisite for political freedom, exploring the role of capitalism in a free society

swap_horiz Capitalism air Freedom trending_up Free Market work Political Economy

Human Action: A Treatise on Economics

person von Mises, Ludwig event 1949

Ludwig von Mises' magnum opus and the most comprehensive systematic treatment of economics from the Austrian School perspective. Mises develops pra...

menu_book Austrian Economics trending_up Praxeology calculate Economic Calculation trending_up Free Market science Methodology menu_book Epistemology analytics Economics account_balance Socialism swap_horiz Capitalism trending_up Market Process business_center Entrepreneurship diamond Subjective Value monetization_on Sound Money

A Theory of Socialism and Capitalism: Economics, Politics, and Ethics

person Hoppe, Hans-Hermann event 1989

Systematic comparison of capitalism and socialism, examining the economic and ethical foundations of different property systems and their consequen...