Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.
LUDWIG VON MISESA 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.
More Ludwig von Mises Quotes
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The most serious dangers for American freedom and the American way of life do not come from without.
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The real bosses, in the capitalist system of market economy, are the consumers.
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The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.
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The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
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Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
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Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
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Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.
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If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
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The final outcome of the credit expansion is general impoverishment.
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The Welfare State is merely a method for transforming the market economy step by step into socialism.
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It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
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Government cannot make man richer, but it can make him poorer.
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The worst evils which mankind has ever had to endure were inflicted by bad governments.
LUDWIG VON MISES