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Affluence Quote by Ludwig von Mises

“Granted, many of them replied, that socialism may not result in riches for all but rather in a smaller production of wealth; nevertheless the masses will be happier under socialism, because they will share their worries with all their fellow citizens, and there will not be wealthier classes to be…” quote by Ludwig von Mises
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““Granted, many of them replied, that socialism may not result in riches for all but rather in a smaller production of wealth; nevertheless the masses will be happier under socialism, because they will share their worries with all their fellow citizens, and there will not be wealthier classes to be envied by poorer ones. The starving and ragged workers of Soviet Russia, they tell us, are a thousand times more joyful than the workers of the West who live under conditions which are luxurious compared to Russian standards; equality in poverty is a more satisfactory state than well-being where there are people who can flaunt more luxuries than the average man.””

Ludwig von Mises

About This Quote

Source Political Treatise: Critique of Socialism, early 20th Century

Socialism promises equality but may lead to universal poverty, which some argue is preferable to wealth disparity.

In simple terms: Equality in poverty is seen as better than rich‑poor gaps.

Key Takeaway

Consider the trade‑off between equality and overall prosperity.

Themes

equality wealth distribution human welfare ideology economic theory

Mood

critical philosophical debate

Type

analytical ideological comparative

When to use this quote

  • policy debate
  • economic planning
  • social welfare
  • public discourse
  • ideological critique

Key Concepts

social justice utility comparative happiness class dynamics

Questions to Reflect On

  • Is equality without wealth truly desirable?
  • How does personal freedom affect collective happiness?
A Different Perspective

Argument assumes happiness can be measured uniformly; ignores individual aspirations.

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