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Quote by Ludwig von Mises

“The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.”

Book:Anti-Capitalistic Mentality, The

Work

Anti-Capitalistic Mentality, The

This book delves into the principles and philosophies that underpin anti-capitalism, exploring its historical context, theoretical foundations, and its impact on various aspects of life and the economy. more

Author

Ludwig von Mises

Ludwig von Mises was a prominent economist, philosopher, and social theorist born on September 29, 1881, in Austria, and passed away on October 10, 1973. He is considered one of the most influential economists of the 20th century and a leading advocate for free-market economics. more

“Recipients of transfers tend to become less self-reliant and more dependent on government payments. When people can get support without exercising their own abilities to discover and respond to opportunities for earning income, those abilities atrophy. People forget - or never learn in the first place - how to help themselves, and eventually some of them simply accept their helplessness.”

People Firsts Self Helping Government Opportunity Ability Forget Accepting Support Exercise Income Dependent Earning Payment Transfers Helplessness Self Reliant Atrophy

Author:Robert Higgs

“Liberalism is really piecemeal socialism, and socialism always attacks three basic social institutions: religion, the family, and private property. Religion, because it offers a rival authority to the state; the family, because it means a rival loyalty to the state; and property, because it means material independence of the state.”

Mean States Three Social Materials Offers Authority Independence Institutions Property Loyalty Socialism Liberalism Rivals Private Property Social Institutions

Author:Joseph Sobran

“Welfare now erodes work and family and thus keeps poor people poor. Accompanying welfare is an ideology - sustaining a whole system of federal and state bureaucracies - that also operates to destroy their faith. The ideology takes the form of false theories of discrimination and spurious claims of racism and sexism as the dominant forces in the lives of the poor.”

People States Whole Form Force Poor Theory Racism Claims Discrimination Ideology Welfare Sexism Dominant Bureaucracy Poor People Sustaining Erode

Book:Wealth and Poverty: A New Edition for the Twenty-First Century

Source: Wealth and Poverty: A New Edition for the Twenty-First Century

Quote by Ludwig von Mises

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