--- title: "Meaning & Key Takeaway of: The truth is that capitalism has not only…" description: "\"The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecede..." image: "https://sms4smile.com/quotes/i/f07/ludwig-von-mises-364_beneficial_the-truth-is-that-capitalism-has-not-onl_2842840.png" --- # The truth is that capitalism has not only multiplied… ![“The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as…” quote by Ludwig von Mises](https://sms4smile.com/quotes/i/f07/ludwig-von-mises-364_beneficial_the-truth-is-that-capitalism-has-not-onl_2842840.png) [Download](https://sms4smile.com/quotes/i/f07/ludwig-von-mises-364_beneficial_the-truth-is-that-capitalism-has-not-onl_2842840.png) [Open image](https://sms4smile.com/quotes/i/f07/ludwig-von-mises-364_beneficial_the-truth-is-that-capitalism-has-not-onl_2842840.png) > “The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.” [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. Capitalism boosts population and living standards; history shows no alternative matches its benefits. **In simple terms:** Capitalism improves lives and growth. Key Takeaway Support free‑market policies. Themes economics history capitalism Mood critical analytical Type economic philosophical When to use this quote - economic policy - education - public debate Key Concepts market efficiency standard of living population growth Questions to Reflect On - How does capitalism address inequality? - What alternatives could improve welfare? A Different Perspective Critics argue capitalism creates inequality. ★ ★ ★ ★ ★ No ratings yet [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Epitaph](https://sms4smile.com/quotes/about/epitaph/) [Historical](https://sms4smile.com/quotes/about/historical/) [Market economy](https://sms4smile.com/quotes/about/market-economy/) [Mass](https://sms4smile.com/quotes/about/mass/) [People](https://sms4smile.com/quotes/about/people/) [Propagandist](https://sms4smile.com/quotes/about/propagandist/) [Social](https://sms4smile.com/quotes/about/social/) [Social systems](https://sms4smile.com/quotes/about/social-systems/) [Standards of living](https://sms4smile.com/quotes/about/standards-of-living/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [Time](https://sms4smile.com/quotes/about/time/) [Truth](https://sms4smile.com/quotes/about/truth/) [Wrens](https://sms4smile.com/quotes/about/wrens/) ## Related quotes > [The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If…](https://sms4smile.com/quotes/ludwig-von-mises/the-market-economy-needs-no-apologists-and-propagandists-it-can-apply/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Socialism failed because it couldn't tell the economic truth. Capitalism may fail because it couldn't tell the ecological truth.](https://sms4smile.com/quotes/lester-r-brown/socialism-failed-because-it-couldn-t-tell-the-economic-truth/) [Lester R. Brown](https://sms4smile.com/quotes/author/lester-r-brown/) > [“Truth is found neither in traditional capitalism nor in classical Communism. Each represents a partial truth. Capitalism fails to see the truth in collectivism.…](https://sms4smile.com/quotes/martin-luther-king-jr-2/truth-is-found-neither-in-traditional-capitalism-nor-in-classical/) [Martin Luther King Jr](https://sms4smile.com/quotes/author/martin-luther-king-jr-2/) > [Man, Wren. I’m impressed. 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Something that you ached for so much you could think of nothing…](https://sms4smile.com/quotes/sherrilyn-kenyon/have-you-ever-wanted-something-that-you-knew-was-bad-for-you-2/) [Sherrilyn Kenyon](https://sms4smile.com/quotes/author/sherrilyn-kenyon/) > [No can do. Wren stays here. (Dev) Not what I was told. (Varyk) Well, I just told you. (Dev)](https://sms4smile.com/quotes/sherrilyn-kenyon/no-can-do-wren-stays-here-dev-not-what-i-was-told-varyk-well-i-just/) [Sherrilyn Kenyon](https://sms4smile.com/quotes/author/sherrilyn-kenyon/) > [How many more are there like you? (Maggie) Enough to make the cast of a Cecil B. DeMille film look like a two-man opera.…](https://sms4smile.com/quotes/sherrilyn-kenyon/how-many-more-are-there-like-you-maggie-enough-to-make-the-cast-of-a/) [Sherrilyn Kenyon](https://sms4smile.com/quotes/author/sherrilyn-kenyon/) > [What happened to cause the jail fight? 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Right now, he is preparing to carry out…](https://sms4smile.com/quotes/neal-stephenson/the-deliverator-belongs-to-an-elite-order-a-hallowed-subcategory-he-s/) [Neal Stephenson](https://sms4smile.com/quotes/author/neal-stephenson/) ## 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. 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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. 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