Community Quote by Ludwig von Mises

One reason for the primacy of the market in shaping the modern world is that it forces a reorganization of society in order to…

— Robert Gilpin

Bearing in mind that "the market" is not an invention of capitalism but that it has existed for thousands of years in many different…

— Alfred-Maurice de Zayas

The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his…

— Ludwig von Mises

“the organization of labor is only another word for the forms of life of the common people, this means that the development of the…

— Karl Polanyi

The market is the creator of social wealth and the wellspring of self-sustaining economic development.

— Li Keqiang

In a market economy with the division and specialization of labor, people use others as means to achieve their ends. This is the essence…

— Stephan Kinsella

Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his…

— Ludwig von Mises

“To organize society in such a manner that every individual, man or woman, should find, upon entering life, approximately equal means for the development…

— Mikhail Bakunin

The market, if it can be kept honest and competitive, does provide very strong incentives for work effort and productive contributions. In their absence,…

— Arthur Melvin Okun

As members of a social species endowed with large brains, we are natural-born marketers. Capitalism, the economic system that has elevated innumerable people out…

— Gad Saad

Society is purely and solely a continual series of exchanges... And the greatest eulogy we can give it, for exchange is an admirable transaction,…

— Antoine Destutt de Tracy

“It is not enough that the conditions of labour are concentrated at one pole of society in the shape of capital, while at the…

— Karl Marx