The Myths of Capitalism's History - Art Carden - Mises Institute

The Myths of Capitalism's History - Art Carden - Mises Institute: "Incorrect social science, incorrect theory, and incorrect historiography have enslaved us to a narrative about processes of economic change that simply isn't true.

The rich did not get richer by exploiting the increasingly immiserized poor during the early parts of industrialization.

People weren't forced out of an idyllic rural life and into the dark satanic mills of industrial England.

Pristine childhood wasn't transformed into a grotesque caricature of itself in which children were robbed of their innocence by wicked industrial masters.

Man's labor did not confront him as something alien."

"Hayek pointed out that the historical discontinuity that appeared during the era that we loosely call "industrialization" was that people came to expect economic progress rather than stagnation as the natural course of things. Regular people up through the 18th century could expect to see no economic progress during their lifetimes. Today, we are disappointed when economic growth is slower than we expect."