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

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

The system that would stand midway between capitalism and socialism.

— 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

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

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

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

— Ludwig von Mises

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the…

— Ludwig von Mises

“Since its appearance the view that prostitution is a product of capitalism has gained ground enormously. And as, in addition, preachers still…

— Ludwig Von Mises

Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism…

— Ludwig von Mises

While under precapitalistic conditions superior men were the masters on whom the masses of the inferior had to attend, under capitalism the…

— Ludwig von Mises

The law-abiding citizen by his labor serves both himself and his fellow man and thereby integrates himself peacefully into the social order.…

— Ludwig von Mises

Many pioneers of these industrial changes, it is true, became rich. But they acquired their wealth by supplying the public with motor…

— Ludwig von Mises

The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of…

— 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

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

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

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 real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from…

— 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

“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

“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

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 capitalist system, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living…

— Ludwig von Mises