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Anticapitalism can maintain itself in existence only by sponging on capitalism. - Ludwig von Mises
" "Anticapitalism can maintain itself in existence only by sponging on capitalism.
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About Ludwig von Mises
Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian economist, philosopher, author and classical liberal who had a significant influence on the modern libertarian movement and the Austrian School of economics.
Biography information from Wikiquote
Also Known As
Native Name:
Ludwig Heinrich Edler von Mises
Alternative Names:
Ludwig Heinrich Mises
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Additional quotes by Ludwig von Mises
Markets mean patrons, buyers, consumers. There is under capitalism one way to wealth: to serve the consumers better and cheaper than other people do. But in the shop and factory, the owner — or in the corporations, the representative of the shareholders, the president — is the boss. The mastership is merely apparent and conditional. He is subject to the supremacy of the consumer. The consumer is king — the real boss — and the manufacturer is done for if he does not outstrip his competitors in best serving the consumers. It was this great economic transformation that changed the face of the world.
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