Replying to Avatar Undisciplined

How capitalism defeats racism

https://mises.org/mises-wire/how-capitalism-defeats-racism

By Wanjiru Njoya

> By appealing to the self-interest of buyers and sellers, capitalism foils attempts by lawmakers to create racially constructed limits on voluntary exchange. Capitalism undermines racism.

originally posted at https://stacker.news/items/627404

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smalltownrifle 1y ago 💬 3

Can you point me to similar essays/books/authors? Ones that make a case for classical liberalism/libertarianism as a solution to identity-based conflict.

I live in a country that is communally, culturally, linguistically and religiously diverse. This can be a breeding ground for the dangerous and false notion that everything is about power and oppression, leading to unnecessary and perpetual conflict.

I want to be able to articulate a case that a system that respects natural rights to life, liberty and property; treats people equally in front of the law to ensure them just treatment; enables voluntary exchange and free trade; promotes non-aggression; is the solution that will benefit everyone, irrespective of what their identity is.

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Undisciplined 1y ago

I would start with Thomas Sowell. "Economic Inequality, Culture and Capitalism" and "The Economics and Politics of Race: An International Perspective" are two good options, but he's written about this a lot and he's a brilliant writer.

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smalltownrifle 1y ago

I like Sowell! But I've only watched his interviews. I had Knowledge and Decisions in my reading list because it was based on Hayek's Use of Knowledge in Society and I found the ideas in that work to be important to understand.

But your recommendations seem more catered toward what I asked for. I'll add them to my list.

Thank you! 🫂

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a source familiar with the matter 1y ago

the first several chapters of Human Action by Mises (or his whole book Liberalism which is easier)