Age Quote by Ludwig von Mises
“The characteristic mark of this age of dictators, wars and revolutions is its anticapitalistic bias. Most governments and political parties were eager to restrict the sphere of private initiative and free enterprise.”
About This Quote
Source Book: Human Action, Ludwig von Mises, 1949
The era's dictators, wars, and revolutions are marked by anti-capitalist sentiment, with governments limiting private initiative and free enterprise.
In simple terms: Anti-capitalist bias defines the age; governments restrict private enterprise.
Beware of policies that curb economic freedom.
Themes
Mood
Type
When to use this quote
- policy debates
- reform movements
- economic crises
- legislative sessions
Key Concepts
Questions to Reflect On
- What drives anti-capitalist bias?
- How can societies balance regulation and freedom?
May overlook benefits of regulation; context varies.