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Human Action: A Treatise on Economics Part 1

Mises Audio Books Podcast

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What Is Immediate Satisfaction?

Scientific socialism does not differ in this point from the utopians. People have misinterpreted this fac grotesquely, and based on this misinterpretation fantastic plans for social reforms. The carefree sunday paddler and the singing rambler derive immediate gratification from their activities, but no mediate gra cation. What they do is therefore not labor, not the employment of their physiological functions for the attainment of ends other than the mere exercise of these functions. It is merely pleasure. As it is not labor, it is not permissible to call it immediately gratifying labor. There are instances of genuine, immediately gratifying laborthe are some kinds of labor, of which, under special

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