The early industrialists were for the most part men who had their orig…

Ludwig von Mises
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The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business.
Politics
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Big business depends entirely on the patronage of those who buy its products: the biggest enterprises loses its power and its influence when it loses its customers. ✨ Ludwig Von Mises (2006). Economi … ▶
Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man. ✨ Ludwig Von Mises (1985). Omnipotent Government: The Rise of the … ▶
People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other s … ▶
War prosperity is like the prosperity that an earthquake or a plague brings...but no one has for those reasons yet sought to celebrate earthquakes and cholera as stimulators of the productive forces … ▶
The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty. ✨ Ludwig Von Mises (1962). The Ultimate Foundation of Eco … ▶

The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business.

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