Friday 1 October 2021

"There is but one means available to improve the material conditions of mankind..."


"There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population. The greater the amount of capital invested per head of the worker, the more and the better goods can be produced and consumed. This is what capitalism, the much-abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system."
          ~ Ludwig Von Mises, from The Anti-Capitalist Mentality
[Hat tip Wladimir Kraus]

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