“This goes…back…to the ancient Greeks, probably to the oriental despotisms of old, this idea that the state offers insights and a view of the common good that selfish individuals cannot provide…”

“…This goes way, way back at least to the ancient Greeks, probably to the oriental despotisms of old, this idea that the state offers insights and a view of the common good that selfish individuals cannot provide. So Mises starts in with that. Well, we are starting with a flawed place already with many people because many people already believe this idea. And this is premodern. This isn’t just something that socialism came up with, this idea that you have got individuals and they pursue their own little things. That’s flawed because those people are not thinking of society overall. But fortunately we have the state which can offer a broader view and has a more dispassionate view of the common good and what needs to be done and the state can guide us then to a better, greater good. Mises doesn’t care for that at all and rejects it, whether it is being offered up by socialists or traditionalist conservatives or any other group out of the past…”

Ryan McMaken 

Ryan McMaken

QUOTED FROM:

Human Action Part Five with Ryan McMaken-The Human Action Podcast