The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply. — Ludwig von Mises Copy Share Image
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 Copy Share Image
Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings. — Ludwig von Mises Copy Share Image
“Socialism is an alternative to capitalism as potassium cyanide is an alternative to water.” — Ludwig von Mises Copy Share Image
The Welfare State is merely a method for transforming the market economy step by step into socialism. — Ludwig von Mises Copy Share Image
The market system is the basis of our civilization. Its only alternative is the Führer principle. — Ludwig von Mises Copy Share Image
Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods. — Ludwig von Mises Copy Share Image
The middle-of-the-road policy is not an economic system that can last. It is a method for the realization of socialism by installments. — Ludwig von Mises Copy Share Image
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 Copy Share Image
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 Copy Share Image
What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the… — Ludwig von Mises Copy Share Image
The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts… — Ludwig von Mises Copy Share Image
All the talk about the so-called unspeakable horror of early capitalism can be refuted by a single statistic: precisely in these years… — Ludwig von Mises Copy Share Image
In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined.… — Ludwig von Mises Copy Share Image
Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full… — Ludwig von Mises Copy Share Image
The capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be… — Ludwig von Mises Copy Share Image
“Is precisely in market dealings that market prices are formed for all kinds of goods and services, which will be taken as… — Ludwig von Mises Copy Share Image
You know that the population is of this planet is now ten times greater than it was in the ages preceding capitalism.;… — Ludwig von Mises Copy Share Image
“As a rule, capitalism is blamed for the undesired effects of a policy directed at its elimination. The man who sips his… — Ludwig Von Mises Copy Share Image
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 Copy Share Image
There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against… — Ludwig von Mises Copy Share Image
We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of… — Ludwig von Mises Copy Share Image
The Reichswirtschaftsministerium ('Reich Ministry of Economic Affairs') tells the shop managers what and how to produce, at what prices and from whom… — Ludwig von Mises Copy Share Image
The fact is that, under a capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is… — Ludwig von Mises Copy Share Image
All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the… — Ludwig von Mises Copy Share Image
In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors. — Ludwig von Mises Copy Share Image
The masses favor socialism because they trust the socialist propaganda of the intellectuals. The intellectuals, not the populace, are molding public opinion. — Ludwig von Mises Copy Share Image
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy. — Ludwig von Mises Copy Share Image
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 Copy Share Image
Inflation has always been an important resource of policies of war and revolution and why we also find it in the service… — Ludwig von Mises Copy Share Image
Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people. — Ludwig von Mises Copy Share Image
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 Copy Share Image
“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 Copy Share Image
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 Copy Share Image
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 Copy Share Image
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 Copy Share Image
Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities… — Ludwig von Mises Copy Share Image
Everything brought forward in favor of Socialism during the last hundred years, in thousands of writings and speeches, all the blood which… — Ludwig von Mises Copy Share Image
Under a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon… — Ludwig von Mises Copy Share Image
It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production… — Ludwig von Mises Copy Share Image
If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other… — Ludwig von Mises Copy Share Image
Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest… — Ludwig von Mises Copy Share Image
During the 2300 years since Plato, very little opposition has been registered to his ideas. — Ludwig von Mises Copy Share Image
“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as "optimistic" aims… — Ludwig von Mises Copy Share Image
Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages… — Ludwig von Mises Copy Share Image
The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent… — Ludwig von Mises Copy Share Image
Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense… — Ludwig von Mises Copy Share Image
There is no kind of freedom and liberty other than the kind which the market economy brings about. — Ludwig von Mises Copy Share Image
What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at… — Ludwig von Mises Copy Share Image
In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold… — Ludwig von Mises Copy Share Image
All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave… — Ludwig von Mises Copy Share Image
The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social… — Ludwig von Mises Copy Share Image
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;… — Ludwig von Mises Copy Share Image
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and… — Ludwig von Mises Copy Share Image