Ludwig von Mises Quotes About Capitalism

Quotes about: Capitalism

• A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

  Ludwig von Mises

  Men, Two, Doe

  Ludwig Von Mises (1963). “Human action: a treatise on economics”

• Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

  Ludwig von Mises

  Men, Alternatives, Politics

  Ludwig Von Mises (1963). “Human action: a treatise on economics”

• If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.

  Ludwig von Mises

  Government, Weakness, Laissez Faire

  Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”

• Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

  Ludwig von Mises

  Achievement, Needs, Speak

  Ludwig Von Mises (1990). “Money, method, and the market process: essays”, Kluwer Academic Pub

• For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.

  Ludwig von Mises

  Men, Differences, Liberty

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.409, VM eBooks

• All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out

  Ludwig von Mises

  Fighting, People, Liberty

  Ludwig Von Mises (1962). “The Ultimate Foundation of Economic Science: An Essay on Method”

• Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.

  Ludwig von Mises

  Mean, Government, Political

  Ludwig Von Mises (1944). “Bureaucracy”

• The issue is always the same: the government or the market. There is no third solution.

  Ludwig von Mises

  Issues, Government, Liberty

  Ludwig Von Mises (1947). “Planned Chaos”, p.15, Ludwig von Mises Institute

• There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way.

  Ludwig von Mises

  Government, Play, Choices

  Ludwig Von Mises (1962). “The free and prosperous commonwealth: an exposition of the ideas of classical liberalism”

• There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.

  Ludwig von Mises

  Country, Way, Mass

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.13, Ludwig von Mises Institute

• What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.

  Ludwig von Mises

  Men, People, Liberty

• Under capitalism everybody is the architect of his own fortune.

  Ludwig von Mises

  Character, Kwanzaa, Architect

  Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

• Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small élite.

  Ludwig von Mises

  Men, Average, People

  Ludwig Von Mises (1978). “Anti-Capitalistic Mentality, The”, p.49, Ludwig von Mises Institute

• Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.

  Ludwig von Mises

  Numbers, People, World

  Ludwig von Mises (2016). “Human Action”, p.1076, Lulu Press, Inc

• Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.

  Ludwig von Mises

  Voice, Mind, Trying

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.465, VM eBooks

• Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and not merely contrary notions. There is no such thing as a mixed economy, a system that would stand midway between capitalism and socialism.

  Ludwig von Mises

  Mean, Organization, Two

• Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses if only the hated one might also come to harm. Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable.

  Ludwig von Mises

  Hate, Loss, Might

  Ludwig Von Mises (1962). “The free and prosperous commonwealth: an exposition of the ideas of classical liberalism”

• In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism.

  Ludwig von Mises

  Unemployment, Bread, Ability

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.286, VM eBooks

• The salesman thanks the customer for patronizing his shop and asks him to come again. But the socialists say: Be grateful to Hitler, render thanks to Stalin; be nice and submissive, then the great man will be kind to you later too.

  Ludwig von Mises

  Nice, Grateful, Men

  Ludwig Von Mises (1985). “Omnipotent Government: The Rise of the Total State and Total War”, Libertarian Press

• The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business.

  Ludwig von Mises

  Men, Earning, Social

• Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

  Ludwig von Mises

  Government, Political, Socialism

  Ludwig Von Mises (2008). “Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses”

• It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers.

  Ludwig von Mises

  Wish, Finals, Analysis

  Ludwig Von Mises (1978). “On the Manipulation of Money and Credit”, Dobbs Ferry, N.Y. : Free Market Books

• Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production.

  Ludwig von Mises

  Mean, Division Of Labor, Cooperation

  Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

• The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent on the will of the people as consumers. Thus, whenever there is a conflict between the consumers' views and those of the business managers, market pressures assure that the views of the consumers win out eventually.

  Ludwig von Mises

  Winning, Views, Order

  Ludwig Von Mises (1978). “On the Manipulation of Money and Credit”, Dobbs Ferry, N.Y. : Free Market Books

• The word "Capitalism" expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas.

  Ludwig von Mises

  Ideas, Evil, Age

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.2, VM eBooks

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