Lenin's ideal was to build a nation's production effort according to the model of the post office. — Ludwig von Mises Copy Share Image
The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals. — Ludwig von Mises Copy Share Image
Production is not something physical, material, and external; it is a spiritual and intellectual phenomenon. — Ludwig von Mises Copy Share Image
The sharper the competition, the better it serves its social function to improve economic production. — Ludwig von Mises Copy Share Image
Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production. — Ludwig von Mises Copy Share Image
A free press can only exist where there is private control over the means of production — Ludwig von Mises Copy Share Image
Society is best served when the means of production are in the possession of those who know how to use them best. — Ludwig von Mises Copy Share Image
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 Copy Share Image
The socialist system, however, forbids this fundamental freedom to choose one's own career. Under socialist conditions, there is only one economic authority,… — 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
A nation cannot prosper if its members are not fully aware of the fact that what alone can improve their condition s… — Ludwig von Mises Copy Share Image
What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to… — 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
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
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 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
One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new… — Ludwig von Mises Copy Share Image
The [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be… — 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 goal of liberalism is the peaceful cooperation of all men. It aims at peace among nations too. When there is private… — Ludwig von Mises Copy Share Image
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 Copy Share Image
If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary… — Ludwig von Mises Copy Share Image
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 Copy Share Image
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 Copy Share Image
In spite of the anticapitalistic policies of all governments and of almost all political parties, the capitalist mode of production — Ludwig von Mises Copy Share Image
On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the… — 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
The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for… — Ludwig von Mises Copy Share Image
What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is… — 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
This dilettantish inability to comprehend the essential issues of the conduct of production affairs is not only manifested in the writings of… — Ludwig von Mises Copy Share Image
The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production.… — Ludwig von Mises Copy Share Image
The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize… — Ludwig von Mises Copy Share Image
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 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
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
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
Plato and Hitler were both the same kind of consistent socialists who planned also for the production of future socialists, the breeding… — Ludwig von Mises Copy Share Image
The genuine history of mankind is the history of ideas. It is ideas that distinguish man from all other beings. Ideas engender… — 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… — 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 [liberals] consider profits as objectionable. The very existence of profits is in their eyes a proof that wage rates could be raised without harm to anybody. They speak of profit without dealing with loss. Profit and loss are the instruments by means of which the consumers keep a tight rein on…” quote by Ludwig von Mises](https://sms4smile.com/quotes/img-quotes/b1d/ludwig-von-mises-364_abolish_the-liberals-consider-profits-as-objecti_187906.jpg)
