Capitalism Quotes by Ludwig von Mises

The market economy-capitalism-is a social system of consumers' supremacy.

— Ludwig von Mises

Under capitalism everybody provides for their own needs by serving others.

— Ludwig von Mises

Socialism is the renunciation of rational economy.

— Ludwig von Mises

The issue is always the same: the government or the market. There is no third solution.

— Ludwig von Mises

The system that would stand midway between capitalism and socialism.

— Ludwig von Mises

Socialist society is a society of officials.

— Ludwig von Mises

The inequality of income and fortunes is essential in capitalism.

— Ludwig von Mises

Under capitalism everybody is the architect of his own fortune.

— Ludwig von Mises

In spite of the anticapitalistic policies of all governments and of almost all political parties, the capitalist mode of production

— Ludwig von Mises

The word "Capitalism" expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas.

— Ludwig von Mises

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

— Ludwig von Mises

If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every…

— Ludwig von Mises

The first socialists were the intellectuals; they, and not the masses, are the backbone of Socialism.

— Ludwig von Mises

For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they…

— Ludwig von Mises

Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.

— Ludwig von Mises

Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the…

— Ludwig von Mises

It is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They…

— Ludwig von Mises

“Socialism is the expression of the principle of violence crying from the workers' soul, just as Imperialism is the principle of violence…

— Ludwig von Mises

The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St.…

— Ludwig von Mises

All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by…

— Ludwig von Mises

Marx and Engels openly declared that the progressive income tax and the death tax are 'economically untenable' and that they advocated them…

— Ludwig von Mises

The salesman thanks the customer for patronizing his shop and asks him to come again. But the socialists say: Be grateful to…

— Ludwig von Mises

When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which…

— Ludwig von Mises

The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy,…

— Ludwig von Mises

Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world,…

— Ludwig von Mises

Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people.…

— Ludwig von Mises

The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living…

— Ludwig von Mises

The main propoganda trick of supporters of the allegedly "progressive" policy of government control is to blame capitalism for all that is…

— Ludwig von Mises

Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of…

— Ludwig von Mises

The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions…

— Ludwig von Mises

Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of…

— Ludwig von Mises

Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in…

— Ludwig von Mises

“There has been much talk about the alleged exploitation of the debtor nations by the creditor nations. But if the concept of…

— Ludwig von Mises

“It is irrelevant to the entrepreneur, as the servant of the consumers, whether the wishes and wants of the consumers are wise…

— Ludwig Von Mises

“Nonetheless, many people, and especially intellectuals, passionately loathe capitalism. As they see it, this ghastly mode of society’s economic organization has brought…

— Ludwig Von Mises

“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as…

— Ludwig von Mises

There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.

— Ludwig von Mises

What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market…

— Ludwig von Mises

What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.

— Ludwig von Mises

A short time ago the demagogues blamed capitalism for the poverty of the masses. Today they rather blame capitalism for the "affluence"…

— Ludwig von Mises