American voters Quote by Ludwig von Mises
“Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?”
About This Quote
Source Book: Human Action by Ludwig von Mises, 1949
Economic prosperity depends on capital investment; without it, living standards fall.
In simple terms: Prosperity needs capital; loss harms it.
Protect capital growth.
Themes
Mood
Type
When to use this quote
- policy debates
- financial planning
- public education
- investment decisions
Key Concepts
Questions to Reflect On
- How can societies ensure capital benefits all?
- What policies guard against capital decumulation?
Capital can be misused or unevenly distributed, causing inequality.