Class Harmony, Not Class War
The discontent and unrest that followed the 2020 presidential election was, at least in major part, one of the innumerable destructive consequences of an almost 250-year-old error in economic theory made by Adam Smith: namely, the belief that profits are a deduction from wages.
Original Article: “Class Harmony, Not Class War“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.