Skip to content

All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out.

— Ludwig von Mises The Ultimate Foundation of Economic Science: An Essay on Method (1978)

Another quote →

Topics

Capitalism

More quotes by Ludwig von Mises

Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings.

The men who are to protect the community against violent aggression easily turn into the most dangerous aggressors. They transgress their mandate.

The Ultimate Foundation of Economic Science (1962)

In a battle between force and an idea, the latter always prevails.

Liberalism (1927)

Repression by brute force is always a confession of the inability to make use of the better weapons of the intellect — better because they alone give promise of final success.

Liberalism (1927)

The criterion of truth is that it works even if nobody is prepared to acknowledge it.

The Ultimate Foundation of Economic Science (1962)

All Ludwig von Mises quotes →

You may also like

I have no doubt that the revolution will triumph. The people of the world will prevail, seize power, seize the means of production, wipe out racism, capitalism.

Huey P. Newton Revolutionary Suicide (1973)

The most obvious negative feature of capitalism is that it can produce private monopolies that restrict output and thereby harm consumers.

Dennis Mueller The Oxford Handbook of Capitalism (2012)

The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries.

Winston Churchill

Capitalism has neither the capacity, nor the moral, nor the ethics, nor the will to solve the problems of poverty.

Fidel Castro

Attribution

Quote text and notes from Wikiquote: Ludwig von Mises (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.