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Socialism - An Economic and Sociological Analysis: The Economist

Book by Ludwig von Mises · 4 quotes · Socialism, War, Economic

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Socialism - An Economic and Sociological Analysis: The Economist Quotes

“Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are forced to remain idle, are the ferment out of which the most radical political movements are formed. In their ranks the soldiers of the coming revolutions are recruited.”

“The characteristic mark of this age of dictators, wars and revolutions is its anticapitalistic bias. Most governments and political parties were eager to restrict the sphere of private initiative and free enterprise.”