Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
LUDWIG VON MISES
LUDWIG VON MISES
Ludwig von Mises on capitalism
“Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.”
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None can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.
Ludwig von MisesLudwig von Mises The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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Ludwig von MisesLudwig von Mises They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.
Ludwig von MisesLudwig von Mises The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.
Ludwig von MisesLudwig von Mises Freedom really means the freedom to make mistakes.
Ludwig von MisesLudwig von Mises 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 MisesLudwig von Mises The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.
Ludwig von MisesLudwig von Mises This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.
Ludwig von MisesLudwig von Mises The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
Ludwig von MisesLudwig von Mises The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
Ludwig von MisesLudwig von Mises There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population.
Ludwig von MisesLudwig von Mises 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 MisesLudwig von Mises 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.
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