Canadian Secession: Then and Now

Just as Canada had the right to secede from Britain, so too do the provinces and territories have a right to secede from Canada. Today, secession may be Alberta’s remedy against the Canadian regime’s abuses. Original Article: “Canadian Secession: Then and Now​” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Source link

Read More

Is the Subjectivist Theory of Value Ideological?

According to Marxists, the subjective theory of value is just bourgeois apologetics. By using the subjective theory, economists conceal the fact that the proletariat under capitalism is exploited. The labor theory of value shows that labor is the source of all surplus commodity value not accounted for by the cost of production of a commodity. The refutation of the labor theory of value isn’t our task today. Also, while it’s true that even if the subjective theory of value is, as the Marxists say, capitalist apologetics, that wouldn’t show that…

Read More

With Capitalism, Cooperation Is Just as Important as Competition

It has often been asserted that we should cooperate rather than compete in society. For instance, FDR said, “Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.” Bertrand Russell expressed it even more sharply when he said, “The only thing that will redeem mankind is cooperation.” However, such views, now as well as then, tend to incorporate a false understanding of competition and cooperation as either-or choices. In…

Read More

Why the US Supports Secession for Africans, but Not for Americans

The twentieth century was a century of secession. Since the end of the Second World War, the number of independent states in the world has nearly tripled as new states, through acts of secession, came into existence. This was driven largely by the wave of decolonization that occurred following the Second World War. From the late 1940s through the 1970s, across Africa and Asia—and even in Europe, as in the case of Malta—dozens of colonial territories declared independence through referenda and other strategies. Throughout these processes of decolonization, much of…

Read More

Democracy According to The Office

It’s been said by democracy’s critics that the system is essentially two wolves and a sheep deciding what’s for dinner. But to its defenders, democracy has been described as an ethical ideal and a way of life—these conceptions nearly implying a metaphysical manifestation Original Article: “Democracy According to The Office​” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Source link

Read More