That "High" American Standard of Living—The Great Capitalist Hoax

Authors

  • Leo Huberman

DOI:

https://doi.org/10.14452/MR-005-06-1953-10_3

Keywords:

Political Economy

Abstract

There are, in fact, two great capitalist hoaxes. The first is that our economic system is one of "free competitive enterprise"; the second is that we have a "high standard of living."

Published

1953-10-03

Issue

Section

Articles