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April 21, 2024 · 46m

MISES' SIX LESSONS: #1 - CAPITALISM (Austrian Audible on THE Bitcoin Podcast)

"If we look upon the history of the world, especially upon the history of England since 1865, we realize that Marx was wrong in every respect. There is no Western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way. All these improvements of the last 80 or 90 years were made in spite of the prognostications of Karl Marx."

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1 Freedom of competition does not mean that you can succeed simply by imitating or copying 2 precisely what someone else has done.

3 Freedom of the press does not mean that you have the right to copy what another man has 4 written and thus to acquire the success which this other man has duly merited on account 5 of his achievements.

9 The Bitcoin Time Chain is 840239 and the value of one bitcoin is still one bitcoin.

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Freedom of competition does not mean that you can succeed simply by imitating or copying

precisely what someone else has done.

Freedom of the press does not mean that you have the right to copy what another man has

written and thus to acquire the success which this other man has duly merited on account

of his achievements.

It means that you have the right to write something different.

Greetings and salutations my fellow plebs.

My name is Walker and this is The Bitcoin Podcast.

Show notes & resources

"If we look upon the history of the world, especially upon the history of England since 1865, we realize that Marx was wrong in every respect. There is no Western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way. All these improvements of the last 80 or 90 years were made in spite of the prognostications of Karl Marx."

In this Austrian Audible episode of THE Bitcoin Podcast , Walker reads Lecture 1: CAPITALISM , from Economic Policy: Thoughts for Today and Tomorrow , AKA Mises Six Lessons

Each of the six Mises lectures will be released as it's own episode in the coming weeks. Make sure to subscribe to "THE Bitcoin Podcast" wherever you listen or watch.

Download "Economic Policy: Thoughts for Today and Tomorrow"