The Clash of Group Interests

In this thrilling essay written in 1945, Mises lays out a theory of social organization in response to the Marxist critique of the free society. He explains that the Marxist view is wrong concerning its claim that there is a clash of group interests in the market order. He explains the difference in the competition between producers and a Marxian-type struggle. He shows how the relationships between labor and capital are essentially cooperative in that interests coincide over the long run -...