• Jeffrey Tucker for The Daily Reckoning
In the freezer section of the grocery store, there’s Vanilla Bean, French Vanilla, and yet another vanilla flavor called Homemade Vanilla. Now, come on! I’m in the store here, looking at rows and rows of commercial products produced by a vast capitalistic machinery, a cornucopia of frozen goods made by advanced industrial technologies, made from goods and services that require a global division of labor and a sophisticated trading and price system rooted in private property and replete with entrepreneurial risk at every stage of production.
Join us on our
Share this page with your friends
on your favorite social network: