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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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,.