The characteristic feature of capitalism that distinguishes it from pr…

Ludwig von Mises
281 citations
The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses.
Reading
23

More Author Quotes

History has witnessed the failure of many endeavors to impose peace by war, cooperation by coercion, unanimity by slaughtering dissidents.... A lasting order cannot be established by bayonets. ✨ Ludw … ▶
A lasting order cannot be established by bayonets. ✨ Ludwig Von Mises (1985). Omnipotent Government: The Rise of the Total State and Total War, Libertarian Press
Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and not merely contrary notions. The … ▶
The attainment of the economic aims of man presupposes peace. ✨ Ludwig von Mises (2016). Socialism - An Economic and Sociological Analysis: The Economist, p.48, VM eBooks
In spite of the anticapitalistic policies of all governments and of almost all political parties, the capitalist mode of production ✨ Ludwig Von Mises (1947). Planned Chaos

The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses.

More Author Quotes

Most Cited Authors

The Best Quotes

Most Liked Authors

Curated Author Quotes