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 MISESUnder capitalism everybody provides for their own needs by serving others.
More Ludwig von Mises Quotes
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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.
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He who serves the public best, makes the highest profits.
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Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
LUDWIG VON MISES -
Liberty is meaningless if it is only the liberty to agree with those in power.
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There is no means by which anyone can evade his personal responsibility.
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Historical knowledge is indispensable for those who want to build a better world
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The fundamental law of the market is: the customer is always right.
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Taxing profits is tantamount to taxing success.
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Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.
LUDWIG VON MISES -
A new type of superstition has got hold of people’s minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
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The criterion of truth is that it works even if nobody is prepared to acknowledge it.
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[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
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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.
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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 MISES