05.14.2010 0

Quote of the Day

From the always brilliant Ludwig von Mises:

“Every socialist is a disguised dictator.”

Read more from Mises at The Quotable Mises.

Ludwig von Mises discusses the difference between Capitalism and Socialism in terms we can all understand and commiunicate to others:

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.

From the always wise, Ludwig von Mises, on Capitalism:

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 elite.

Read more from Ludwig von Mises at The Quotable Mises.

The always wise Ludwig von Mises can provide great insight on today’s political problems:

“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.”

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