Source: Ludwig von Mises Institute
by Ryan McMaken
“In a free, market-based economy, there is no conflict between different industries, economic interests, or sectors of the economy. There is no ‘class conflict’ — as Marx imagined it — because, thanks to the division of labor, voluntary trade and competition reward consumers, producers, and asset owners alike. This is what Ludwig von Mises called the ‘harmony of interests.’ In the presence of the state, however, things are different. There is always class conflict as different groups jockey with each other to gain the favor of state agents. In this context, each interest group understands that the state is a lucrative tool for exploiting other groups through regulation, taxation, and inflation.” (02/25/26)
https://mises.org/mises-wire/class-conflict-jacksonians-and-exploitation