Quote

The salesman thanks the customer for patronizing his shop and asks him to come again. But the socialists say: Be grateful to Hitler, render thanks to Stalin be nice and submissive, then the great man will be kind to you later too.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Kind
Customers
Salesman
Men
Capitalism
Render
Grateful
Customer
Later
Shop
Nice
Hitler
Patronizing
Asks
Shops
Socialists
Come
Socialism
Submissive
Great
Thanks
Stalin

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The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the people's mandatories. If they do not obey, if they fail to produce, at the lowest possible cost, what
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Nothing, however, is as ill founded as the assertion of the alleged equality of all members of the human race.
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Historical knowledge is indispensable for those who want to build a better world
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What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
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All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.
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Under capitalism everybody provides for their own needs by serving others.
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Liberty is always freedom from the government.
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The government pretends to be endowed with the mystical power to accord favors out of an inexhaustible horn of plenty. It is both omniscient and omnipotent. It can by a magic wand create happiness and abundance. The truth is the government cannot give if it does not take from somebody.
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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.
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Sovereignty must not be used for inflicting harm on anyone, whether citizen or foreigner.
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In public administration there is no connection between revenue and expenditure.
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If it is unnecessary to adjust the amount of expenditure to the means available, there is no limit to the spending of the great god State.
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In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is only groping in the dark. Socialism is the abolition of rational economy.
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Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.
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Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend toward socialism and despotism is common-sense and moral courage.
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Aggressors cannot wage total war without introducing Socialism.
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Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.
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Action based on reason, action therefore which is only to be understood by reason, knows only one end, the greatest pleasure of the acting individual.
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The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.
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