Or progress back to it … modern corporatism is a long way from the rights-respecting free trade that was originally meant by capitalism.
Ludwig von Mises of the Austrian school of economics, writing in the 1920s …
No chapter of history is steeped further in blood than the history of colonialism. Blood was shed uselessly and senselessly. Flourishing lands were laid to waste; whole peoples destroyed and exterminated. All this can in no way be extenuated or justified. The dominion of Europeans in Africa and in important parts of Asia is absolute. It stands in the sharpest contrast to all the principles of liberalism and democracy, and there can be no doubt that we must strive for its abolition. The only question is how the elimination of this intolerable condition can be accomplished in the least harmful way possible.
Or progress back to it … modern corporatism is a long way from the rights-respecting free trade that was originally meant by capitalism.
Ludwig von Mises of the Austrian school of economics, writing in the 1920s …