Quotable Quotes

 La Raza: "You can change your name but you can't change the evil inside."

"It doesn't matter what you are, you've got to be the boss."

"The difference between capitalism and socialism is that capitalism focuses on solving human problems to accomplish a profit. Socialism claims to be focused on meeting human needs. The question for socialism is how do you measure success in meeting human needs if there is no profit? For capitalism profits are the measure of whether the goal of solving human problems is met. Socialism, because it cannot (or need not) project profits, leads to the inability calculate or measure success. This means there is no standard of measurement for meeting needs in socialism. The result of capitalism is that needs are met and profits accomplished. The result of socialism is inefficient use of capital and random production. This results in long lines, empty shelves, and products no one needs."

"The contrasting of production for profit and production for needs is closely connected with the common practice of contrasting productivity and profitability or the "social" and "private" economic point of view. An economic action is said to be profitable if in the capitalist system it yields an excess of receipts over costs. An economic action is said to be productive when, seen from the point of view of a hypothetical socialist community, the yield exceeds the cost involved. Now in some cases productivity and profitability do not coincide. Some economic acts which are profitable are not productive and, vice versa, some are productive but not profitable. For those naively biased in favour of Socialism, as is the case even with most economists, this fact is sufficient to condemn the capitalistic order of society. Whatever a socialist community would do seems to them undisputably good and reasonable: that anything different can happen in a capitalistic society is, in their opinion, an abuse which cannot be tolerated. But an examination of the cases in which profitability and productivity are alleged not to coincide will show that this judgment is purely subjective, and that the scientific cloak with which it is invested is a sham. - Ludwig von Mises, Socialism, Liberty Classics Hardcover P125



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