Free Capitalist Network - Community Archive
Mises Community Archive
An online community for fans of Austrian economics and libertarianism, featuring forums, user blogs, and more.

Who represents the interests of production?

rated by 0 users
This post has 2 Replies | 2 Followers

Top 500 Contributor
Male
Posts 244
Points 5,455
Felipe Posted: Sat, Feb 5 2011 2:39 AM

In this article by Albert Jay Nock he writes:

The Constitution looked fairly good on paper, but it was not a popular document; people were suspicious of it, and suspicious of the enabling legislation that was being erected upon it. There was some ground for this. The Constitution had been laid down under unacceptable auspices; its history had been that of a coup d'état.

It had been drafted, in the first place, by men representing special economic interests. Four-fifths of them were public creditors, one-third were land speculators, and one-fifth represented interests in shipping, manufacturing, and merchandising. Most of them were lawyers. Not one of them represented the interest of productionVilescit origine tali.

http://mises.org/daily/4254

I dont understand who would represent the interesest of production.

Dont lawyers, speculators and merchants produce wealth in society too? What am I missing?

  • | Post Points: 20
Top 75 Contributor
Male
Posts 1,008
Points 16,185

He is claiming that ALL men involved in creating the constitution had some sort of special economic interest. Not one of them worried  about production as a whole, instead they were all interested in their special interests...

My Blog: http://www.anarchico.net/

Production is 'anarchistic' - Ludwig von Mises

  • | Post Points: 20
Top 50 Contributor
Male
Posts 1,899
Points 37,230

Have you even thought perhaps he is talking about workers?

In States a fresh law is looked upon as a remedy for evil. Instead of themselves altering what is bad, people begin by demanding a law to alter it. ... In short, a law everywhere and for everything!

~Peter Kropotkin

  • | Post Points: 5
Page 1 of 1 (3 items) | RSS