Liberal Values Versus Envy

Jordi Franch Parella ()
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Jordi Franch Parella: Universitat de Vic-Universitat Central de Catalunya

A chapter in The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume II, 2023, pp 73-83 from Springer

Abstract: Abstract An institutional setting of individual liberty with private property and voluntary exchange generates more wealth and coordinated activity than any governmental rule could ever provide. But liberal values are hard to grow and difficult to defend against its many enemies. According to Mises, the inherent elements of the anti-capitalist attitude are ignorance, envy, and hatred. Envy is a sin that corrupts souls and leads to economic disaster. Whereas the market is a win-win mechanism, envy promotes lose-lose situations. What best characterizes envy is the desire to deprive the envied from their success. Resentment is very destructive because it is directed toward those who excel. Envy paralyzes the progress of society. Innovations are not introduced, savings and investment are impaired, and incentives for training disappear. Everything runs into the wall of envy. If we want to avoid the destruction of humanity, it should be our most pressing duty to restrain envy by all means.

Keywords: Liberalism; Values; Envy; State; Interventionism; Huerta de Soto; Austrian School (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-17418-6_7

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DOI: 10.1007/978-3-031-17418-6_7

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