Sunday, 14 June 2020

"Permanent mass unemployment destroys the moral foundations of the social order. The young people who, having finished their training for work, are forced to remain idle, are the ferment out of which the most radical political movements are formed. In their ranks the soldiers of the coming revolutions are recruited."


"Permanent mass unemployment destroys the moral foundations of the social order. The young people who, having finished their training for work, are forced to remain idle, are the ferment out of which the most radical political movements are formed. In their ranks the soldiers of the coming revolutions are recruited."
~ Ludwig von Mises, from his 1922 book Socialism: An Economic and Sociological Analysis, p. 486.
[Hat tip Thorstein Polleit, Julian D.] 

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