Presented to Mr. Robert L. Luddy, Founder and President of Captive-Aire Systems, Inc., Friday, March 2, 2007. Includes remarks from Llewellyn H. Rockwell, Jr., Mark Thornton, Tom Woods, and Mr. Luddy. The Ludwig von Mises Entrepreneurship Award is given annually to the businessperson exhibiting entrepreneurial success and devotion to the free-market ideal.
Duration : 0:34:54
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May 29th, 2010 at 10:54 pm
Ben Weissenstein …
Ben Weissenstein one of the most up and coming entrepreneurs in the country. He’s 19 and already been featured on Dr. Phil and Entrepreneur Magazine for his company: Grand Slam Garage Sales and is about to get much more national press and possibly even a reality show. PLEASE SUBSCRIBE TO BEN’S CHANNEL benceogs90 AND FOLLOW HIM ON TWITTER AT USERNAME BENWEISSENSTEIN!
May 29th, 2010 at 10:54 pm
The reason we lose? …
The reason we lose? Because we don’t repeat that the fact that a coercive state IS violence by definition.
May 29th, 2010 at 10:54 pm
We can win on both …
We can win on both terms.
The debate we lose is the ‘gun in the room’ argument.
May 29th, 2010 at 10:54 pm
The problem with …
The problem with this “theology of entrepreneurship” is that it leaves unchallenged the collectivist premise that morality is measured in how useful you are to others. In other words, should the case be made that you are failing to serve the “community”, then your life and property are forfeit.
You are attempting to justify Capitalism on the Socialist’s own terms. You can never win that fight.
Instead, we must challenge the premise that man exists only as a means to the ends of others.
May 29th, 2010 at 10:54 pm
where there is a …
where there is a need there is opportunity
May 29th, 2010 at 10:54 pm
One question I ask …
One question I ask every socialist that they can never answer is the premise of one of Mises’s books: How does economic calculation occur in a socialist state? All the people bashing capitalism, answer me this simple question, really, I need a good laugh today.
May 29th, 2010 at 10:54 pm
Invest in china, …
Invest in china,lots of cheap labour.These mugs have made me loads of profit.
May 29th, 2010 at 10:54 pm
Three cheers for …
Three cheers for capitalism.I enjoy sitting in my bentley counting my money.
May 29th, 2010 at 10:54 pm
Also little …
Also little communes in a sea of capitalism have bugger all to do with world socialism.They still have to survive in a market economy.
May 29th, 2010 at 10:54 pm
Supply and demand …
Supply and demand does not determine need.Needs are only met if a profit can be realised.That is why thousands starve every week in a world of abundance.You idiots.
May 29th, 2010 at 10:54 pm
Full blown …
Full blown lassiez-faire capitalism would be like an arthur daley society on a grand scale.Its screw the planet and the workers, lets make plenty profit.
May 29th, 2010 at 10:54 pm
Wrong again, the …
Wrong again, the human species evolved as a social animal.For the vast majority of human history we lived as cooperative hunter gatherers.
May 29th, 2010 at 10:54 pm
Wrong we have a …
Wrong we have a mixed economy part private and part state owned means of production.Mises and most of these laissez-faire sycophantic minions are clueless.
May 29th, 2010 at 10:54 pm
The soviet empire …
The soviet empire was a brutal dictatorship.With the means of production under control of the state,not the workers.That is STATE RUN CAPITALISM.
May 29th, 2010 at 10:54 pm
Actually, it HAS …
Actually, it HAS been tried. There were a good dozen towns founded in America where money was outlawed, and true socialism was attempted. These never lasted more than a decade.
Then there are Kibbutz. But these are all state sponsored by taxing more productive people outside of their collective system.
“Socialism: Good idea, wrong species” Humans aren’t made for this, and thank god for that. Imagine the conformity required, everyone would be the same, brainwashed to keep it under control.
May 29th, 2010 at 10:54 pm
How can you …
How can you determine human needs? Only supply and demand can determine these factors. The debate over how socialism was to determine what to produce went on in the 1930’s between many economists, and I’m sorry to say but the marxists lost that one.
You however seem to have no fundamental understanding of economics, and are using emotionally-attractive one-liner rhetoric. Learn about economics and why socialism never works. Learn about history and see examples of socialism failing. Then talk.
May 29th, 2010 at 10:54 pm
We don’t HAVE …
We don’t HAVE capitalism right now. We have a mix between socialism and capitalism, commonly called corporatism, as cato said. You’re using the straw man fallacy, by labelling corporatism as equivalent to capitalism.
Under true capitalism, property rights would ensure minimal pollution.
Look at the deforestation of siberia under Soviet rule, look at the radioactive waste they dumped.
Besides, environment is not the only concern, think about the genocides we invariably get under socialism.
May 29th, 2010 at 10:54 pm
Ever heard of the …
Ever heard of the Soviet Empire? It tried that–production for human needs only–and their environment was degraded beyond imagination. Today, we don’t have true capitalism though–it’s corporatism, which is the joinder of industry and govt. That degrades the environment and our rights. So, in one way, you and I agree.
May 29th, 2010 at 10:54 pm
What collapsed in …
What collapsed in the old eastern bloc was state run capitalism.The state had control of the means of production not the workers,who still had to sell their labour power to the state.Socialism has not failed its never been tried.
May 29th, 2010 at 10:54 pm
The market economy …
The market economy of capitalism,is destroying the planet.Production for human needs not profit is the way to go comrades.
May 29th, 2010 at 10:54 pm
No, he just …
No, he just recognized that both systems were immoral.
May 29th, 2010 at 10:54 pm
Inspired!
Inspired!
May 29th, 2010 at 10:54 pm
Common ownership of …
Common ownership of the earths resources,with production for human need not profit.Problem solved comrades.
May 29th, 2010 at 10:54 pm
Mises was wrong,he …
Mises was wrong,he confused state run capitalism with socialism/communism.
May 29th, 2010 at 10:54 pm
No, my finger …
No, my finger pointing is clearly directed at those who exploit the labor of others to advance their own wealth. Government is complicit in this program of stripping wealth from the middle class. The federal income tax has been used by gov and corporations, through their lobbyists, to carve out exemptions for themselves giving crumbs to workers. The result has devastated the working class.