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 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
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
Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are… — 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
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 distinctive principle of Western social philosophy is individualism. — Ludwig von Mises Copy Share Image
The market economy-capitalism-is a social system of consumers' supremacy. — 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
Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods. — Ludwig von Mises Copy Share Image
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 Copy Share Image
Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But… — 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
It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles… — Ludwig von Mises Copy Share Image
What makes the existence and the evolution of society possible is precisely the fact that peaceful cooperation under the social division of… — Ludwig von Mises Copy Share Image
Once it has been perceived that the division of labour is the essence of society, nothing remains of the antithesis between individual… — Ludwig von Mises Copy Share Image
Competition on the market aims at assigning to every individual that function in the social system in which he can render to… — 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
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
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 Copy Share Image
To assign to everybody his proper place in society is the task of the consumers. Their buying and abstention from buying is… — 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
The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories,… — 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
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
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