Capitalism and Socialism – Quote by Ludwig von Mises

„Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.“

Ludwig von MisesLudwig von Mises explains the differences between capitalism and socialism regarding sovereignty and government control.
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Ludwig von Mises was an Austrian economist, social philosopher, and one of the leading figures of the Austrian School of economics.

The quote describes the fundamental differences between capitalism and socialism from Ludwig von Mises' perspective.


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Capitalism and socialism quote by Ludwig von Mises

Ludwig von Mises (1881–1973) was a prominent Austrian economist and social philosopher, known for his contributions to the Austrian School of economics. He significantly influenced libertarian and free-market economic theory and was a critic of socialism and interventionism.

Ludwig von Mises quote about capitalism and socialismCopyright © yoice.net – Quote Artwork
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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." Ludwig von Mises
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Quote about why democracy and socialism are incompatible by Roland BaaderCopyright © yoice.net – Quote Artwork
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""It is ... a naivety that cannot be excused by anything to believe that a state can be total in the economic sphere without being so at the same time in the political and spiritual sphere ...." ... Democracy and socialism are not a tautology (à la Oskar), but radical, mutually exclusive opposites. Democracy is a method of limiting and controlling power. Socialism, on the other hand, always denies the individual freedom of choice of individuals over their economic preferences and life goals (supposedly in favor of the general public, the collective); thus socialism always assigns sovereignty over the decisive existential forces and life motivations to the state or a party or political cliques, and thus socialism is never a system or method for limiting power, but always and everywhere pseudo-moral justification for patronizing life, carte blanche for cynically moralizing unrestrained power." Roland Baader
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Ludwig von Mises quote image about capitalism and living standardsCopyright © yoice.net – Quote Artwork
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"Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small élite." Ludwig von Mises
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Ayn Rand quote about the differences between socialism and fascismCopyright © yoice.net – Quote Artwork
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"The difference between [socialism and fascism] is superficial and purely formal, but it is significant psychologically: it brings the authoritarian nature of a planned economy crudely into the open. The main characteristic of socialism (and of communism) is public ownership of the means of production, and, therefore, the abolition of private property. The right to property is the right of use and disposal. Under fascism, men retain the semblance or pretense of private property, but the government holds total power over its use and disposal." Ayn Rand
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Quote by Jon Rappoport about socialism as a form of elite control and tyrannyCopyright © yoice.net – Quote Artwork
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"Socialism is: The taking of money (taxes) from some people who work for it and giving it to others who don't work for it. On a grand scale. The vast expansion of freebies doled out by central government. In order to create and sustain dependence. The government protection of favored persons and corporations, permitting them and aiding them to expand their fortunes without limit, regardless of what crimes they commit in the process. (Monsanto would be a fine example.) The squeezing out of those who would compete with the favored persons and corporations. The dictatorship by and for the very wealthy, pretending to be the servant of the masses. The lie that the dictatorship is being run by the masses. The gradual lowering of the standard of living for the overwhelming number of people. The propaganda claiming socialism is the path to a better world for all. In other words, socialism is a protection racket and a long con and a heartless system of elite control, posing as the greatest good. It is just another form of top-down tyranny---as old as the hills." Jon Rappoport
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