While under precapitalistic conditions superior men were the masters on whom the masses of the inferior had to attend, under capitalism the more gifted and more able have no means to profit from their superiority other than to serve to the best of their abilities the wishes of the majority of the less gifted.


Money, method, and the market process: essays (ed. Ludwig von Mises Institute, 1990)


While under precapitalistic conditions superior men were the masters on whom the masses of the inferior had to attend, under capitalism the more...

While under precapitalistic conditions superior men were the masters on whom the masses of the inferior had to attend, under capitalism the more...

While under precapitalistic conditions superior men were the masters on whom the masses of the inferior had to attend, under capitalism the more...

While under precapitalistic conditions superior men were the masters on whom the masses of the inferior had to attend, under capitalism the more...