Sorry, but the claim that the Austrian School of Economics created capitalism is pure nonsense.

The first works attributed to members of the Austrian School of Economics were published a decade after Marx published Das Kapital.

It is physically impossible for Marx to have written a book influenced by writers that came later.

Marx is clearly the father of Capitalism. The terms "capitalism" and "capitalism" were sparsely used before Marx. The uses never had a meaning evenly closely related to the way that Marx used the term Capital in Das Kapital.

Much of the writing of the Austrian School is a rejection of the Hegelian/Marxist world view.

The Austrian School tends to see the individual as the primary actor in the economy. They see "capital" as part of the means of production.

Marx had adopted Hegelian Logic (aka New Think) as its foundation. Hegelian/Marxist tends to see things in dichotomies, paradoxes, opposition and conflict.

The Austrian School of Economics has always been marginal. It is largely people sitting on the fringe with little in the way of political influence.

The school hasn't died completely simply because these people on the fringe have a strange habit of being right.

I know that you adore Karl Marx. I beg you to read the Black Book of Communism. Hundreds of millions have died horrific deaths because of this destructive ideology.

PS: It is possible to talk about Conservatives and Capitalism. The ideology called "Conservatism" was created by the Tories in the 1830s an effort to conserve the social structure of the ancient regime. Conservatives were seeking ways to conserve the supremacy of the peerage in economic affairs. It turns out that Conservatives fell in love with Das Kapital as Marxists capitalism gave conservatives the tools they needed to create a centralized economy.

That said, the Austrian School of Economics has always been on the fringe. They are like the libertarian party. They talk political theory without ever having experienced political power.

!BEER

I know that you adore
The Austrian School is slightly more aligned with classical logic.