Friday, May 03, 2024 Text is available under the CC BY-SA 3.0 licence.

Ludwig von Mises

« All quotes from this author
 

The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are. For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.

 
Ludwig von Mises

» Ludwig von Mises - all quotes »



Tags: Ludwig von Mises Quotes, Authors starting by M


Similar quotes

 

Russia was our main point of discussion. The conditions were terrible, as everyone agreed, and the Dictatorship the greatest crime of the Bolsheviki. But there was no reason to lose faith, he assured me. The Revolution and the masses were greater than any political Party and its machinations. The latter might triumph temporarily, but the heart of the Russian masses was uncorrupted and they would rally themselves to a clear understanding of the evil of the Dictatorship and of Bolshevik tyranny. Present Russian life, he said, was an artificial condition forced by the governing class. The rule of a small political Party was based on false theories, violent methods, fearful blunders and general inefficiency. They were suppressing the very expression of the people's will and initiative which alone could rebuild the ruined economic life of the country. The stupid attitude of the Allied Powers, the blockade and the attacks on the Revolution by the interventionists were helping to strengthen the power of the Communist regime. But things will change and the masses will awaken to the realisation that no one, no political Party or governmental clique must be permitted in the future to monopolise the Revolution, to control or direct it, for such attempts inevitably result in the death of the Revolution itself.
Various other phases of the Revolution we discussed on that occasion. Kropotkin particularly emphasised the constructive side of revolutions, and especially that the organisation of the economic life must be dealt with as the first and greatest necessity of a revolution, as the foundation of its existence and development.

 
Peter Kropotkin
 

We should not delude ourselves into thinking that an incomes policy is other than a serious infringement of freedom...Nor have the Liberals explained how it is to be worked, and even if they had, it is certainly not a permanent answer to our economic troubles...At present, the Liberal-Social Democratic Alliance occasionally looks too much like a half-way house on the old road to state socialism. It will spend more than the Tories but rather less than Labour...Such compromises may win votes, but they will not improve the country.

 
Jo Grimond
 

No thinking man in this day can fail to recognise that one cannot properly evaluate an historical period without considering economic conditions. But much more one-sided is the view which maintains that all history is merely the result of economic conditions, under whose influence all other life phenomena have received form and imprint.
There are thousands of events in history which cannot be explained by purely economic reasons, or by them alone. It is quite possible to bring everything within the terms of a definite scheme, but the result is usually not worth the effort. There is scarcely an historical event to whose shaping economic causes have not contributed, but economic forces are not the only motive powers which have set everything else in motion. All social phenomena are the result of a series of various causes, in most cases so inwardly related that it is quite impossible clearly to separate one from the other. We are always dealing with the interplay of various causes which, as a rule, can be clearly recognised but cannot be calculated according to scientific methods.

 
Rudolf Rocker
 

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 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.

 
Ludwig von Mises
 

It is proof of a base and low mind for one to wish to think with the masses or majority, merely because the majority is the majority. Truth does not change because it is, or is not, believed by a majority of the people.

 
Giordano Bruno
© 2009–2013Quotes Privacy Policy | Contact