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microbes to exploit. The bourgeoisie don't need any justification. Their class consciousness shows them that they have to do this; it is the capitalist s nature to exploit. A Russian friend of Marx wrote him that the task of the sociahsts must be to help the bourgeoisie exploit better and Marx replied that that was not necessar\'. Marx then uTOie a shon note saying that Russia could reach socialism without going through the capitahst stage. The next morning he must have realized that, if he adimtted that one countrv could skip one of the inevitable stages, this w>x>uld destrxn' hi< whole theory. So he didn't send the note. Engels. who was not so bright, discovered this piece of paper in the desk of Karl Marx, copied it in his own handwriting, and sent his cop\' to Vera Zasulich (I849-!9I9|, who was famous in Russia because she had anempted to assasunate the l\>hcc Commissioner in St. Petersburg and been acquined b>- the jury—she had a good defense counsel. This \%x)rrun published Mane's note, and it became one of the great assets of the BoUhe\-ik Party. The capitalist s\-stem is a s>-sfem in which promooon is pirciselx according to merit If people do not get ahead, there is bitterness in thru minds The>' arc reluctant co admit thai the%' do not ad\'ance because of their lack of intelligence The> take their bck o( ad\*ancemem out ou society. Many blame wxierv and turn to uxialism This tetKlenc>' i* especially strt>ng in the rank* ot intellectuaK Because pn>fessionals irrji each other a% equals, the less capaNe professionak consider themseKrx "superior" to non- professionals and tecl ihrv desersr more recognition than ihcv receive Fn\A pb\^ an important role There i* a philu>phual prciliNpoMtion among prrvom to be dtssatislied with the existing state t>f atfairs There is dissjtntaaion. aluv with polituaJ conditions If you are dissatisfied, vou ask what other kind of uaie can be considered Marx had "anti-talent"— i c . a lack i>l talent He s»-as influenced b\ Hcgcl and f ciicrbath. r*petiallv b\ FruerKKh'% critique of C'hritCianttv Marx admitted that the exploitation doitnne was taken from an anonvmoiis pamphlet publuhed in the I82m |l>avid) Ruardo (1772-1823) * Marx was econt>muallv ignorant, he didn't rraliie that there can be doubts coiucrning the best means of productKMi to be applied. The big 4 \(h,thr l\jn.iplr^ .y /W.f^j/ I .^^my tmd TsMMwm (landon )dtm Mlli y . I«2I (llllTp |
INDIVIDUALISM AND THE INDUSTRIAL REVOLUTION question is. how shall wc use the available scarce factors of production? Nianc assumed that what has to be done is obvious. He didn't realize that the future is always uncertain, that it is the job of every businessman to provide for the unknown future. In the capitalist system, the workers and technologists obey the entrepreneur. Under socialism, they will obey the socialist official. Marx didn't take into consideration the fact that there IS a difference between saying what has to be done and doing what somebody else has said must be done. The socialist state is necessarily a police sute. The withering away of the state was just Marx's attempt to avoid answering the question about what would happen under socialism. Under socialism, chc convicts will know that they are being punished for the benefit of the whole society. The third volume of Das Kapital was filled with lengthy quotations from the hearings of Uritish Parliamentary Committees on money and banking, and they don't make any sense at all.^ For instance, "The monetary system is essentially Catholic, the credit system essentially l'n>lesiani. . . . Hut the credit system does not emancipate Itself from the basis of the monetary system any more than Protestantism emancipates itself from the foundations of Cathohcism."^ Utterly nonsensical! 5 [CÛI: A Cn,.ûc 4 M.nc.l E.ono,„y, III (Chicago: Charles H. Kerr. Chicago, 1909). pfxl7.53(>-677fr.l 6 (Ibid., p. 696.| 27
Page 1: UUDWIGVON MTSES Marxism Unmasked Fr
Page 4 and 5: Luiwk; von MisEs
Page 6 and 7: 11m h.m4 n fHiMnhc«J W thr hnrnd^t
Page 9: Acknowledgments The lectures by Lud
Page 12 and 13: MARXISM UNMASKED iv*as ine\itable.
Page 14 and 15: MARXISM UNMASKED production will no
Page 16 and 17: MARXISM UNMASKED ^ His answer was n
Page 18 and 19: MARXISM UNMASKED and even if the in
Page 21 and 22: 1st lecture Mind, Materialism, and
Page 23 and 24: Ford, do^"::^ z :z^^zitT '" ^ i*- "
Page 25 and 26: ""'—'•"'"- '-r.,,„,„. which
Page 27 and 28: MATERIALISM, AND THE FATE OF MAN l.
Page 29 and 30: H. con! H .^ . o 17c > ' MIND. MATE
Page 31 and 32: 2nd lecture Class Conflict and Revo
Page 33 and 34: ""^ "^" '" ^'"' "vo.ux.ow.av soc.us
Page 35 and 36: CLASS co.,ucr^ ,„,,,„„^^^^ ^^
Page 37 and 38: ^-"CONP-CT ..o aBvo.u.,o..av socuus
Page 39 and 40: iKli LECTURE Individualism and the
Page 41 and 42: """'"""^"'" '"^ "^ —TM« KBVO.UT.
Page 43 and 44: INDIVIDUALISM AND THE INDUSTRIAL RE
Page 45: INDIVIDUALISM AND THE INDUSTRIAL RE
Page 49 and 50: NATIONALISM. SOCIALISM. AND VIOLENT
Page 51 and 52: NATÂL.SM. SOC.AL.SM. ANO V.OLHNT R
Page 53 and 54: NATÔN^M. SOC.AUSM. ..o V.OLHNT aHV
Page 59 and 60: MARXISM AND THE MANIPULATION OF MAN
Page 67 and 68: ( iiinoc MARXISM AND THE MANIPULATI
Page 71 and 72: SAVINGS, INVESTMENT. AND ECONOMIC C
Page 73 and 74: SAVINGS. INVESTMENT. AND ECONOMIC C
Page 79 and 80: AviNCt, INVetTMENT. AND ECONOMIC CA
Page 81 and 82: 7tm lecture Money, Interest, and th
Page 83 and 84: M U S 1 ^ . ; S I i K i S I . A M>
Page 85 and 86: MONEY INTEREST. AND THE BUSINESS CY
Page 87 and 88: MUStY. ISIlKiST. AND TM£ BL'SISESS
Page 89 and 90: MONEY. INTEaEST. AND THE SUflNESS C
Page 91 and 92: MONEY. INTEREST. AND THE BUSINESS C
Page 93 and 94: MONEY. INTEREtT. AND THE BUSINESS C
Page 95 and 96: MONEY. INTEREST. AND THE BUSINESS C
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8tm lecture Profit and Loss, Privat
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PROFIT AND LOSS. PRIVATE PROPERTY.
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mOFIT AND LOtf. PRIVATE PItOPERTY.
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PROPIT AND LOSS. miVATE PROPERTY. A
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FROPIT AND LOSS. PaiVATE PROPCIK.TV
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mOFIT AND LOSS. miVATE mOPERTY. AND
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FOREIGN INVESTMENTS AND THE SPiaiT
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t FOREIGN INVESTMENTS AND THE SriRI
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FOREIGN INVESTMENTS AND THE SPIRIT
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FOREIGN INVESTMENTS AND THE SPIRIT
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POKEfCN INVESTMENTS AND THE SfiRIT
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FOREIGN INVESTMENTS AND THE SPIIIIT
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FOaEICN INVESTMENTS AMD THE SPIRIT
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" Abteoce di pUnninK" upuntvn, 46 A
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31 FairDcallS rcocnl tvocrvt Boiwi,
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ManoMn-Lcmmun-Solinnm. 1. 17 Mauryk
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FOUNDATION FOR ECONOMIC EDUCATION ^
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^' "'•f -'m UFM FRANCISCO MARROOl
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