Why is Capitalism impossible under Oligarchy?Ludwig von Mises on Ideological Foundations of Capitalism

In Mykola Bunyk & Iryna Kiyanka (eds.), Economics and Bureaucracy in a Open Society. In Honor of the 130th Anniversary of the Birth of Ludwig von Mises. pp. 178-186 (2012)
  Copy   BIBTEX


. The author has compared the world-view attitudes of oligarchy and capitalism on the basis of analysis of Ludwig von Mises’ writings. The results of such comparison allow us to maintain that there is neither market economy nor competition, and so nor capitalism in Ukraine. The world-view basis of capitalism is the philosophy of liberalism, which has such principles as equality, freedom, inviolability of private property, cooperation in favor of profits of the whole society. On the contrary, oligarchy based on the strong desire of infinitive enrichment and exploitation hasn’t any philosophical basis.



External links

  • This entry has no external links. Add one.
Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Capitalism and justification.Ana Biresev - 2009 - Filozofija I Društvo 20 (3):223-244.
Ayn Rand and Ludwig von Mises.George Reisman - 2005 - Journal of Ayn Rand Studies 6 (2):251-258.
Political Withdrawal as Rebellion.Joseph Osel - forthcoming - Collective Resistance Series.
An Ethical Critique Of Milton Friedman's Doctrine On Economics And Freedom.Nico Vorster - 2010 - Journal for the Study of Religions and Ideologies 9 (26):163-188.
Capitalism and the desire for private gain.Thomas S. Torrance - 1974 - Inquiry: An Interdisciplinary Journal of Philosophy 17 (1-4):241 – 245.
Adam Smith and the ethics of contemporary capitalism.G. R. Bassiry & Marc Jones - 1993 - Journal of Business Ethics 12 (8):621 - 627.
Kapitalizm – narodziny idei.Katarzyna Haremska - 2013 - Argument: Biannual Philosophical Journal 3 (1):37-58.
G. A. Cohen on freedom, justice, and capitalism.Peter Mew - 1986 - Inquiry: An Interdisciplinary Journal of Philosophy 29 (1-4):305 – 313.
Practices, Firms and Varieties of Capitalism.Russell Keat - 2008 - Philosophy of Management 7 (1):77-91.


Added to PP

384 (#41,044)

6 months
60 (#51,043)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Ihor Karivets
State University Lvivska Polytechnic

Citations of this work

No citations found.

Add more citations

References found in this work

No references found.

Add more references