Quote by Ludwig von Mises on Market Economy and Government Control

„There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the nation with the highest standard of living ever attained. Full government control of all activities of the individual is virtually the goal of both national parties.“

Ludwig von MisesLudwig von Mises critiques the rejection of the market economy and the push for government control in American society.
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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.

A critical reflection by Ludwig von Mises on public opinion towards the market economy and government control in America.


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Ludwig von Mises quote about the market economy and government control

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, socialism, government control, and propagandaCopyright © yoice.net – Quote Artwork
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"The main propoganda trick of supporters of the allegedly "progressive" policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas, all they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems. The liars must be afraid of the truth and are therefore driven to suppress its pronouncement." Ludwig von Mises
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Ayn Rand quote about state control, economic security, and povertyCopyright © yoice.net – Quote Artwork
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"If you surrender everything to the government and give it total power to plan the whole economy, this will not guarantee your economic security, but it will guarantee the descent of the entire nation to a level of miserable poverty--as the practical results of every totalitarian economy, communist or fascist, have demonstrated." Ayn Rand
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Milton Friedman quote about competition, private enterprise, and economic freedomCopyright © yoice.net – Quote Artwork
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"The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline." Milton Friedman
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Quote image featuring Noam Chomsky on political analysis in the United StatesCopyright © yoice.net – Quote Artwork
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"In the US, there is basically one party - the business party. It has two factions, called Democrats and Republicans, which are somewhat different but carry out variations on the same policies. By and large, I am opposed to those policies. As is most of the population." Noam Chomsky
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Capitalism and socialism quote by Ludwig von MisesCopyright © yoice.net – Quote Artwork
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"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 Mises
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