Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory… — Ludwig von Mises Copy Share Image
The early industrialists were for the most part men who had their origin in the same social strata from which their workers… — Ludwig von Mises Copy Share Image
Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which… — Ludwig von Mises Copy Share Image
The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the… — Ludwig von Mises Copy Share Image
Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism,… — 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… — Ludwig von Mises Copy Share Image
The characteristic feature of modern capitalism is mass production of goods destined for consumption by the masses. The result is a tendency… — Ludwig von Mises Copy Share Image
“If one prevents a man from working for the good of society while at the same time providing for the satisfaction of… — Ludwig von Mises Copy Share Image
The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are… — Ludwig von Mises Copy Share Image
The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments… — Ludwig von Mises Copy Share Image
“It suffices here to say that the planned economy which the advocates of dictatorship wish to set up is precisely as socialistic… — Ludwig von Mises Copy Share Image
The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not… — Ludwig von Mises Copy Share Image
In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent… — Ludwig von Mises Copy Share Image
Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend… — Ludwig von Mises Copy Share Image
Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the… — Ludwig von Mises Copy Share Image
To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring… — Ludwig von Mises Copy Share Image
“If Capitalism improves the economic position all round, it is of secondary importance that it does not raise all to the same… — Ludwig von Mises Copy Share Image
Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses… — Ludwig von Mises Copy Share Image
The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available,… — Ludwig von Mises Copy Share Image
What can prevent the coming of totalitarian socialism is only a thorough change in ideologies. What we need is an open positive… — Ludwig von Mises Copy Share Image
There is simply no other choice than this: either to abstain from interference in the free play of the market, or to… — 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
