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Showing posts from August, 2016

Who owns the means of production?

I am basically paraphrasing Von Mises here. I, therefore, cannot take credit for the ideas or concepts of this paper. I'm merely writing it as a means to explain to those that have not been exposed to Ludwig Von Mises his core idea: only the individual owns the authority to the right of the means of production. I will illustrate this point below. Let's say that my friend comes to me and says that he and a few people are getting together to form a kind of commune. They plan on eliminating money. He tells me that he really wants me to join and tells me that I can be whatever I want in his new commune. I tell him I'll join if I can be an artist that paints with oil paints. He suggests that such would make him very happy because his new commune is going to need artists (more than he knows in fact!) I show up on day one and ask where my studio is. It isn't built yet, because, my friend tells me, that they are building the houses for people to live in and it would be a re

Rule Yourselves

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