No Architect Is Held Responsible For The

The Fact Is That, Under A Capitalistic System, The Ultimate Bosses Are The Consumers. The Sovereign Is Not The State, It Is The People.

All People, However Fanatical They May Be In Their Zeal To Disparage And To Fight Capitalism, Implicitly Pay Homage To It By Passionately Clamoring For The Products It Turns Out

Government Policies Try To Prevent The Emergence Of Serious Unemployment By Credit Expansion, I.e., Inflation. The Outcome Was Rising Prices, Renewed Demands For Higher Wages And Reiterated Credit Expansion; In Short, Protracted Inflation.

Monetary Calculation Is Not The Calculation, And Certainly Not The Measurement, Of Value. Its Basis Is The Comparison Of The More Important And The Less Important. It Is An Ordering According To Rank, An Act Of Grading (cuhel), And Not An Act Of Measuring. It Was A Mistake To Search For A Measure Of The Value Of Goods. In The Last Analysis, Economic Calculation Does Not Rest On The Measurement Of Values, But On Their Arrangement In An Order Of Rank.

Neither The Entrepreneurs Nor The Farmers Nor The Capitalists Determine What Has To Be Produced. The Consumers Do That.