There would not be any profits but for the eagerness of the public to acquire the merchandise offered for sale by the successful entrepreneur. But the same people who scramble for these articles vilify the businessman and call his profit ill-got. Ludwig von Mises More Quotes by Ludwig von Mises More Quotes From Ludwig von Mises For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for. Ludwig von Mises differences liberty men The most serious dangers for American freedom and the American way of life do not come from without. Ludwig von Mises serious danger way Do not give in to evil, but proceed ever more boldly against it. Ludwig von Mises investing evil giving What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at substituting new values and ideas for old ones. Ludwig von Mises he-man men ideas The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern industrialism and all the moral, intellectual, technological, and therapeutical achievements of the last centuries have been built. Ludwig von Mises achievement wisdom civilization Whoever wants peace among nations must seek to limit the state and its influence most strictly. Ludwig von Mises limits war peace There is, in fact, only one solution: the state, the government, the laws must not in any way concern themselves with schooling or education. Public funds must not be used for such purposes. The rearing and instruction of youth must be left entirely to parents and to private associations and institutions Ludwig von Mises government parent law The public firm can nowhere maintain itself in free competition with the private firm; it is possible today only where it has a monopoly that excludes competition. Even that alone is evidence of its lesser economic productivity. Ludwig von Mises libertarian competition today It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction. Ludwig von Mises competition battle war Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow. Ludwig von Mises fighting men hands The Marxians love of democratic institutions was a stratagem only, a pious fraud for the deception of the masses. Within a socialist community there is no room left for freedom. Ludwig von Mises deception community rooms All attempts to coerce the living will of human beings into the service of something they do not want must fail Ludwig von Mises failing humans want The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybodys actions aim at the satisfaction of other peoples needs as well as at the satisfaction of his own. Everybody in acting serves his fellow citizens. Ludwig von Mises division-of-labor freedom mean Those politicians, professors and union bosses who curse big business are fighting for a lower standard of living. Ludwig von Mises boss unions fighting Experience shows that nothing is operated with less economy and with more waste of labor and material of every kind than public services and undertakings. Private enterprise on the other hand naturally induces the owner to work with the greatest economy in his own interest. Ludwig von Mises waste kind hands There is no remedy for the inefficiency of public management. Ludwig von Mises inefficiency remedy management The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent on the will of the people as consumers. Thus, whenever there is a conflict between the consumers' views and those of the business managers, market pressures assure that the views of the consumers win out eventually. Ludwig von Mises views winning order The program of liberalism if condensed into a single word, would have to read: property, that is, private ownership of the means of production. Ludwig von Mises economic libertarian liberty Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit. Ludwig von Mises artist beautiful past Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment. Neither is value in words and doctrines, it is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act. Ludwig von Mises doctrine groups men
