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Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life; he inherited it from his ancestors and it never changed.

Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.1, Ludwig von Mises Institute
Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life; he inherited it from his ancestors and it never changed.