Anticapitalist Mentality, Entrepreneurship, and Envy


Conferees discussed the reasons why, and the extent to which, the nature of the market process is misunderstood. A central question was whether traditional economics is partially to blame for ignoring entrepreneurship and the degree to which envy factors into anti-market biases.


From Liberty Fund

The Anti-capitalistic Mentality

by By Ludwig von Mises
Edited by Bettina Bien Greaves

In The Anti-capitalistic Mentality, the respected economist Ludwig von Mises plainly explains the causes of the irrational fear and hatred many intellectuals and others feel for capitalism. In five concise chapters, he traces the causation of the misunderstandings and resultant fears that cause resistance to economic development and social change.…

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by By Helmut Schoeck

This classic study is one of the few books to explore extensively the many facets of envy—“a drive which lies at the core of man’s life as a social being.” Ranging widely over literature, philosophy, psychology, and the social sciences, Professor Schoeck— a distinguished sociologist and anthropologist—elucidates both the constructive…

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Additional Readings

Pope Francis. Evangelii Gaudium. Vatican Press, 2013.

Frank, Robert H. and Philip J. Cook. The Winner-Take-All Society. New York: Penguin Books, 1995.

Hayek, F. A. Law, Legislation and Liberty, Volume 3: The Political Order of a Free People [Phoenix series]. Chicago: University of Chicago Press, 1979.

Hayek, F. A. The Road to Serfdom. London: Routledge, 1944.

Hayek, F. A. Law, Legislation and Liberty, Volume 1: Rules and Order [Phoenix series]. Chicago: The University of Chicago Press, 1973.

Hayek, F. A. The Collected Works of F. A. Hayek, Volume I: The Fatal Conceit: The Errors of Socialism. Edited by W. W. Bartley III. Chicago: The University of Chicago Press, 1988.

Hazlitt, Henry. “On Appeasing Envy.” The Freeman 22, no. 3 (March 1972): 142-146.

Kirzner, Israel M. The Meaning of Market Process – Essays in the Development of Modern Austrian Economics. Edited by Mario J. Rizzo and Lawrence H. White. London: Routledge, 1992.

Leighton, Wayne A. and Edward J. López. Madmen, Intellectuals, and Academic Scribblers: The Economic Engine of Political Change. Stanford: Stanford University Press, 2013.

Rawls, John. A Theory of Justice. Cambridge: The Belknap Press, 1971, 1999.

Schumpeter, Joseph A. The Theory of Economic Development. Translated by Redvers Opie. New Brunswick and London: Transaction Publishers, 2012.