--- title: "Meaning & Key Takeaway of: All those evils which the [liberals]…" description: "\"All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.\" — ..." image: "https://sms4smile.com/quotes/i/dc0/ludwig-von-mises-364_capitalism_all-those-evils-which-the-liberals-inter_2536511.png" --- # All those evils which the \[liberals\] interpret as evidence… ![“All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.” quote by Ludwig von Mises](https://sms4smile.com/quotes/i/dc0/ludwig-von-mises-364_capitalism_all-those-evils-which-the-liberals-inter_2536511.png) [Download](https://sms4smile.com/quotes/i/dc0/ludwig-von-mises-364_capitalism_all-those-evils-which-the-liberals-inter_2536511.png) [Open image](https://sms4smile.com/quotes/i/dc0/ludwig-von-mises-364_capitalism_all-those-evils-which-the-liberals-inter_2536511.png) > “All those evils which the \[liberals\] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.” [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Critics see capitalism's failures as evidence, but they stem from market interference. **In simple terms:** Capitalism's problems arise from interference, not the system itself. Key Takeaway Limit government market interference. Themes economics politics philosophy Mood analytical critical Type theoretical philosophical When to use this quote - policy debates - business regulation - economic education Key Concepts market theory government intervention Questions to Reflect On - Is all interference harmful? - Can markets self-correct? A Different Perspective Some argue that market failures exist even without interference. ★ ★ ★ ★ ★ No ratings yet [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Economics](https://sms4smile.com/quotes/about/economics/) [Evil](https://sms4smile.com/quotes/about/evil/) [Failure](https://sms4smile.com/quotes/about/failure/) [Investing](https://sms4smile.com/quotes/about/investing/) ## Related quotes > [History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.](https://sms4smile.com/quotes/milton-friedman/history-suggests-that-capitalism-is-a-necessary-condition-for-3/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. History suggests that capitalism is a…](https://sms4smile.com/quotes/milton-friedman/history-suggests-that-capitalism-is-a-necessary-condition-for/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [At the highest stage of capitalism, the most necessary revolution appears as the most unlikely one.](https://sms4smile.com/quotes/herbert-marcuse/at-the-highest-stage-of-capitalism-the-most-necessary-revolution/) [Herbert Marcuse](https://sms4smile.com/quotes/author/herbert-marcuse/) > [History suggests that capitalism is a necessary condition for political freedom](https://sms4smile.com/quotes/milton-friedman/history-suggests-that-capitalism-is-a-necessary-condition-for-2/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [If you bound the arms and legs of gold-medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool and he…](https://sms4smile.com/quotes/peter-boettke/if-you-bound-the-arms-and-legs-of-gold-medal-swimmer-michael-phelps/) [Peter Boettke](https://sms4smile.com/quotes/author/peter-boettke/) > [America traditionally represents the greatest possibility of someone's going from nothing to something. Why? In theory, if not practice, the government stays out of…](https://sms4smile.com/quotes/larry-elder/america-traditionally-represents-the-greatest-possibility-of-someone/) [Larry Elder](https://sms4smile.com/quotes/author/larry-elder/) > [ \[C\]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich. ](https://sms4smile.com/quotes/james-grant/c-apitalism-without-financial-failure-is-not-capitalism-at-all-but-a/) [James Grant](https://sms4smile.com/quotes/author/james-grant/) > [The malfeasance and misjudgments by our corporate, financial and government leaders, declining ethical standards, and the failure of our new agency society reflect a…](https://sms4smile.com/quotes/john-c-bogle/the-malfeasance-and-misjudgments-by-our-corporate-financial-and/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [Another similarity of Brexit and Trump's campaigns was an attack on so-called elites. This is not so much a failure of capitalism as of…](https://sms4smile.com/quotes/mariana-mazzucato/another-similarity-of-brexit-and-trump-s-campaigns-was-an-attack-on/) [Mariana Mazzucato](https://sms4smile.com/quotes/author/mariana-mazzucato/) > [These people talk of a "middle-of-the-road" policy. What they do not see is that the isolated interference, which means the interference with only one…](https://sms4smile.com/quotes/ludwig-von-mises/these-people-talk-of-a-middle-of-the-road-policy-what-they-do-not-see/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general…](https://sms4smile.com/quotes/ludwig-von-mises/state-interference-in-economic-life-which-calls-itself-economic/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the…](https://sms4smile.com/quotes/ludwig-von-mises/private-property-creates-for-the-individual-a-sphere-in-which-he-is/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.](https://sms4smile.com/quotes/ludwig-von-mises/what-economic-calculation-requires-is-a-monetary-system-whose/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [There is an inherent tendency in all governmental power to recognize no restraints on its operation and to extend the sphere of its dominion…](https://sms4smile.com/quotes/ludwig-von-mises/there-is-an-inherent-tendency-in-all-governmental-power-to-recognize/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted…](https://sms4smile.com/quotes/ludwig-von-mises/it-is-extremely-difficult-for-our-contemporaries-to-conceive-of-the/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) ## More by Ludwig von Mises > [If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other…](https://sms4smile.com/quotes/ludwig-von-mises/if-the-members-of-parliament-no-longer-consider-themselves/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest…](https://sms4smile.com/quotes/ludwig-von-mises/changes-in-human-conditions-are-brought-about-by-the-pioneering-of/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [During the 2300 years since Plato, very little opposition has been registered to his ideas.](https://sms4smile.com/quotes/ludwig-von-mises/during-the-2300-years-since-plato-very-little-opposition-has-been/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [“How little one is justified in speaking in this connection of "optimism" and "pessimism" and how much the characterization of liberalism as "optimistic" aims…](https://sms4smile.com/quotes/ludwig-von-mises/how-little-one-is-justified-in-speaking-in-this-connection-of/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages…](https://sms4smile.com/quotes/ludwig-von-mises/every-step-by-which-an-individual-substitutes-concerted-action-for/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent…](https://sms4smile.com/quotes/ludwig-von-mises/the-capitalistic-social-order-therefore-is-an-economic-democracy-in/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense…](https://sms4smile.com/quotes/ludwig-von-mises/without-calculation-economic-activity-is-impossible-since-under/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [There is no kind of freedom and liberty other than the kind which the market economy brings about.](https://sms4smile.com/quotes/ludwig-von-mises/there-is-no-kind-of-freedom-and-liberty-other-than-the-kind-which-the/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Peace and not war is the father of all things.](https://sms4smile.com/quotes/ludwig-von-mises/peace-and-not-war-is-the-father-of-all-things/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at…](https://sms4smile.com/quotes/ludwig-von-mises/what-counts-alone-is-the-innovator-the-dissenter-the-harbinger-of/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold…](https://sms4smile.com/quotes/ludwig-von-mises/in-reality-no-food-is-valued-solely-for-its-nutritive-power-and-no/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would behave…](https://sms4smile.com/quotes/ludwig-von-mises/all-this-talk-the-state-should-do-this-or-that-ultimately-means-the/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social…](https://sms4smile.com/quotes/ludwig-von-mises/the-most-successful-businessmen-were-often-uneducated-when-measured/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life;…](https://sms4smile.com/quotes/ludwig-von-mises/two-hundred-years-ago-before-the-advent-of-capitalism-a-man-s-social/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and…](https://sms4smile.com/quotes/ludwig-von-mises/facts-per-se-can-neither-prove-nor-refute-anything-everything-is/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) [Explore all 637 Ludwig von Mises quotes ](https://sms4smile.com/quotes/author/ludwig-von-mises/) ## More Capitalism quotes > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Philosopher is a dictator who modifies accepted standards with his thoughts.](https://sms4smile.com/quotes/ilkin-santak/philosopher-is-a-dictator-who-modifies-accepted-standards-with-his/) [Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/) > [There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit…](https://sms4smile.com/quotes/gore-vidal/there-is-only-one-party-in-the-united-states-the-property-party-and/) [Gore Vidal](https://sms4smile.com/quotes/author/gore-vidal/) > [ Neither Italian fascism nor German national "socialism" have anything in common with such a \[Soviet socialistic\] society, primarily because private ownership of factories, plants,… ](https://sms4smile.com/quotes/joseph-stalin/neither-italian-fascism-nor-german-national-socialism-have-anything/) [Joseph Stalin](https://sms4smile.com/quotes/author/joseph-stalin/) > [Corporations have nothing to do with values, and they know it, and sometimes say it.](https://sms4smile.com/quotes/eric-kierans/corporations-have-nothing-to-do-with-values-and-they-know-it-and/) [Eric Kierans](https://sms4smile.com/quotes/author/eric-kierans/) > [Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…](https://sms4smile.com/quotes/f-a-harper/both-fact-and-logic-seem-to-me-to-support-the-view-that-savings/) F. A. Harper > [The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except…](https://sms4smile.com/quotes/anonymous/the-free-market-is-ugly-and-stupid-like-going-to-the-mall-the-unfree/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Capitalism, communism ... it's all garbage.](https://sms4smile.com/quotes/mstislav-rostropovich/capitalism-communism-it-s-all-garbage/) [Mstislav Rostropovich](https://sms4smile.com/quotes/author/mstislav-rostropovich/) > [There are no two countries with the same style of economic mechanism, with the same capitalism.](https://sms4smile.com/quotes/anatoly-chubais/there-are-no-two-countries-with-the-same-style-of-economic-mechanism/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) > [It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become…](https://sms4smile.com/quotes/robert-kuttner/it-is-more-than-a-little-ironic-that-capital-accumulation-once-a/) [Robert Kuttner](https://sms4smile.com/quotes/author/robert-kuttner/) > [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [Socialism is humanity's second nature. All politicians do is turn human vice into votes.](https://sms4smile.com/quotes/ilana-mercer/socialism-is-humanity-s-second-nature-all-politicians-do-is-turn/) [Ilana Mercer](https://sms4smile.com/quotes/author/ilana-mercer/) > [“Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.”](https://sms4smile.com/quotes/david-l-weimer/scholars-have-long-debated-whether-capital-markets-lead-to/) David L. Weimer > [“A car is one of the most interesting inventions, but driving is one of the most boring activities.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/a-car-is-one-of-the-most-interesting-inventions-but-driving-is-one-of/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) [Browse all 3,832 Capitalism quotes ](https://sms4smile.com/quotes/about/capitalism/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.", "creator": { "@type": "Person", "name": "Ludwig von Mises" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/ludwig-von-mises/all-those-evils-which-the-liberals-interpret-as-evidence-of-the/", "about": { "@type": "Thing", "name": "Capitalism" }, "@id": "https://sms4smile.com/quotes/ludwig-von-mises/all-those-evils-which-the-liberals-interpret-as-evidence-of-the/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/dc0/ludwig-von-mises-364_capitalism_all-those-evils-which-the-liberals-inter_2536511.png", "contentUrl": "https://sms4smile.com/quotes/i/dc0/ludwig-von-mises-364_capitalism_all-those-evils-which-the-liberals-inter_2536511.png", "url": "https://sms4smile.com/quotes/i/dc0/ludwig-von-mises-364_capitalism_all-those-evils-which-the-liberals-inter_2536511.png", "width": 1080, "height": 1080, "caption": "“All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary…” — Ludwig von Mises", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Ludwig von Mises", "item": "https://sms4smile.com/quotes/author/ludwig-von-mises/" }, { "@type": "ListItem", "position": 4, "name": "All those evils which the [liberals]...", "item": "https://sms4smile.com/quotes/ludwig-von-mises/all-those-evils-which-the-liberals-interpret-as-evidence-of-the/" } ], "@id": "https://sms4smile.com/quotes/ludwig-von-mises/all-those-evils-which-the-liberals-interpret-as-evidence-of-the/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```