Authority Quote by Ludwig von Mises

I understand by socialism a society in which the aim of production is not profit, but the use. In which the individual citizen participates…

— Erich Fromm

The ownership of industry by the state - that is not socialism.

— Erich Fromm

The harsh reality is that socialism not only destroys economic freedom, it severely limits the capability of everyone to reach maximum potential. It's a…

— Katie Pavlich

Inherent to socialism is the absence of choice. If I want to choose my own pretzels or books or iphones, they prevent me -…

— Rand Paul

“True choice requires that a person have the ability to choose an option and not be prevented from choosing it by any external force,…

— Sheena Iyengar

“Because in [Lenin's] eyes the workers were only workers and not also customers, he believed they were already slaves under capitalism, and that one…

— Ludwig Von Mises

First, then, State Socialism, which may be described as the doctrine that all the affairs of men should be managed by the government, regardless…

— Benjamin Tucker

“The idealized capitalist system first and foremost emphasizes “freedom from” external restrictions on one’s ability to rise in society’s ranks. At least in theory,…

— Sheena Iyengar

Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice.

— Ayn Rand

No Marxist can deny that the interests of socialism are higher than the interests of the right of nations to self-determination.

— Vladimir Lenin

Anything other than free enterprise always means a society of compulsion and lower living standards, and any form of socialism strictly enforced means dictatorship…

— Llewellyn Rockwell

Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and…

— Ludwig von Mises