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Ludwig von Mises Quotes: Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production.
         

Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production.


Ludwig von Mises
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Other quotes of Ludwig von Mises


Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.



The worst evils which mankind has ever had to endure were inflicted by bad governments.

The worst evils which mankind has ever had to endure were inflicted by bad governments.



[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

[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



The real bosses, in the capitalist system of market economy, are the consumers.

The real bosses, in the capitalist system of market economy, are the consumers.



Government cannot make man richer, but it can make him poorer.

Government cannot make man richer, but it can make him poorer.



The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.



If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.

If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.



The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.



Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.



Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.





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To dream is to desire, to desire is to long for, to long for is to want, and to want you must work to attain all you dream of, desire, long for and want.

To dream is to desire, to desire is to long for, to long for is to want, and to want you must work to attain all you dream of, desire, long for and want.



There are many hostelries in his report, which is the true account of an expedition.

There are many hostelries in his report, which is the true account of an expedition.



Himmler wants to send an expedition to Tibet to look for ancient manuscripts on the Aryans. The man is like a little schoolgirl. What culture is there in an old jug, I ask you?

Himmler wants to send an expedition to Tibet to look for ancient manuscripts on the Aryans. The man is like a little schoolgirl. What culture is there in an old jug, I ask you?



Definition of tragedy: A hero destroyed by the excess of his virtues

Definition of tragedy: A hero destroyed by the excess of his virtues



If you genuinely want something, don't wait for it -- teach yourself to be impatient.

If you genuinely want something, don't wait for it -- teach yourself to be impatient.



I like to organize. I have an opinion. I like to get stuff done.

I like to organize. I have an opinion. I like to get stuff done.



A doctor is not a religious man. You should never give people vague hope or possibility.

A doctor is not a religious man. You should never give people vague hope or possibility.



Doing nothing is very tough to do because you never know when you're finished. The upside is that from the moment you wake up in the morning, you're on the job.

Doing nothing is very tough to do because you never know when you're finished. The upside is that from the moment you wake up in the morning, you're on the job.



Why is it that some secrets can drown you while some pull you close to others in a way you never want to lose?

Why is it that some secrets can drown you while some pull you close to others in a way you never want to lose?



I came to believe that being a private detective was the work I was meant to do.

I came to believe that being a private detective was the work I was meant to do.




Quote Description


This page presents the quote "Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production.". Author of this quote is Ludwig von Mises. This quote is about social, ownership, capitalism, division of labor, mean, cooperation, market economy,.