Friday, December 03, 2004
Mises on Political Terminology
The Source of Hitler's Success :: Ludwig von Mises Institute
As evidence of a party which, like many others, has been accused under the senseless, unwise and unreasoning charge of favoring capitalism: "The Social-Democrats had consistently voted against the nationalization of the railroads, the municipalization of the public utilities, labor legislation, and compulsory accident, sickness, and old-age insurance, the German social security system which was adopted later throughout the world."
Question: Were the Social Democrats in some sense in favor of capitalism, as Mises would use the term? Or was their support for such measures purely accidental to the good effects of such policies?
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As evidence of a party which, like many others, has been accused under the senseless, unwise and unreasoning charge of favoring capitalism: "The Social-Democrats had consistently voted against the nationalization of the railroads, the municipalization of the public utilities, labor legislation, and compulsory accident, sickness, and old-age insurance, the German social security system which was adopted later throughout the world."
Question: Were the Social Democrats in some sense in favor of capitalism, as Mises would use the term? Or was their support for such measures purely accidental to the good effects of such policies?
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