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The Welfare State is merely a method for transforming the market economy step by step into socialism.

Ludwig von Mises

Related Topics

Market Misery Socialism State Step Transform Welfare

Bagwalas

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

The market is a democracy in which every penny gives a right to vote.
LUDWIG VON MISES

Democracy Enny Give Giving Market Pennies
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

Account Faire Faliblity Government Laissez Man Moral React Reason Reject Same Weakness
The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.
LUDWIG VON MISES

Acknowledge Construction Dreadful Peace Root War Weapon
All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
LUDWIG VON MISES

Action First Rational Reason Think
The main propoganda trick of supporters of the allegedly “progressive” policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas.
LUDWIG VON MISES

All Allegedly Believe Capitalism Contol Government Liar Philosophy
The state can be and has often been in the course of history the main source of mischief and disaster.
LUDWIG VON MISES

Course Disaster Liberty Mischief Often Peace Source State War
Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
LUDWIG VON MISES

Creative Genius Innovator Men School Taught
Depression is the aftermath of credit expansion.
LUDWIG VON MISES

Aftermath Credit Depression Expansion
Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.
LUDWIG VON MISES

Accumulate Capital Economic Entrepreneur Progress Saver Turn
[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics
LUDWIG VON MISES

Bold Design Disregard Economic Fail History Law Long Political Record
Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.
LUDWIG VON MISES

Doctor Hard Most Renowned Self University Work
Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
LUDWIG VON MISES

Call Consequences Government Intervention Marketplace Unintended
Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.
LUDWIG VON MISES

Choose Division Entrepreneur Faire Individual Labor Liassez Mean Mechanical Operate Soules
The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
LUDWIG VON MISES

Afraid Driven Liar Pronouncement Suppress
The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
LUDWIG VON MISES

Doe Giving Government Somebody Truth
Under capitalism everybody is the architect of his own fortune.
LUDWIG VON MISES

Architect Capitalism Character Fortune Kwanzaa Own

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