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The real bosses, in the capitalist system of market economy, are the consumers.

Ludwig von Mises

Related Topics

Boss Capital Consumer Market System

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The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
LUDWIG VON MISES

Causes Crash Credit Depression Four Panic Summed
Under capitalism everybody is the architect of his own fortune.
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Architect Capitalism Character Fortune Kwanzaa Own
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.
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Doe Giving Government Somebody Truth
For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.
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Create Destruction Essence Private Production Social
The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
LUDWIG VON MISES

Consumer Done Entrepreneur People Profit Successful
The final outcome of the credit expansion is general impoverishment.
LUDWIG VON MISES

Credit Expansion Final General Impoverishment Outcome
Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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Archive Bless Breath Breathe Dream Know Miracle Moment
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
LUDWIG VON MISES

Corollary Economic Government Market Political Representative Socialism
The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
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Consider Courage Intelectual Most Movement People Popular Truth
The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is, on the contrary, the corollary of the process that improves many peoples want satisfaction.
LUDWIG VON MISES

Anybody Cause Contrary Corollary Entrepreneur Make People Poverty Process Rich Some Want
The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.
LUDWIG VON MISES

Attitude Boss Capital Consumer Economic Market Real Running System
Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
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Compromise Death Happiness Liberty Mean Misery Ownership Prefer Suffering
Every socialist is a disguised dictator.
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Dictator Disguise Socialist
The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.
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Against Gainst Man Men Minority Struggle Survival
The real bosses, in the capitalist system of market economy, are the consumers.
LUDWIG VON MISES

Boss Capital Consumer Market System
As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.
LUDWIG VON MISES

Condition Economic Important Intelligent Own Progeny Stake

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