A Quote by Ludwig von Mises

The middle-of-the-road policy is not an economic system that can last. It is a method for the realization of socialism by installments.

Ludwig von Mises

Quote Topics

Economic Economic System Last Method Middle Middle-Of-The-Road Policy Realization Road Socialism System

Quote Author

Ludwig von Mises
Austrian - Economist
September 29, 1881 - October 10, 1973

Sharia has a ruling system, an economic system, a policy and social system, a foreign policy and judiciary system to be implemented, you know, the whole package. Under the Sharia, food, shelter and clothing will be provided for all citizens in addition to basic necessities like gas and water as well. But, it's not like communism or socialism in the respect that you can work for the luxuries.

Anjem Choudary

Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps.

Ludwig von Mises

To me, the term 'middle-class' connotes a safe, comfortable, middle-of-the road policy. Above all, our language is 'middle-class' in the middle of our road. To drive it to one side or the other or even off the road, is the noblest task of the future.

Christian Morgenstern

Socialism, when the last word is said, is merely a new economic and political system whereby more men can get food to eat.

Jack London

Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense of the word All economic change, therefore, would involve operations the value of which could neither be predicted beforehand nor ascertained after they had taken place. Everything would be a leap in the dark. Socialism is the renunciation of rational economy.

Ludwig von Mises

Here's what I don't think works: An economic system that was founded in the 16th century and another that was founded in the 19th century. I'm tired of this discussion of capitalism and socialism; we live in the 21st century, we need an economic system that has democracy as its underpinnings and an ethical code.

Michael Moore

Here's what I don't think works: An economic system that was founded in the 16th century and another that was founded in the 19th century. I'm tired of this discussion of capitalism and socialism; we live in the 21st century; we need an economic system that has democracy as its underpinnings and an ethical code.

Michael Moore

Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.

Ha-Joon Chang

I never thought I would ever be middle-of-the-road anything, much less a middle-of-the-road Christian, but it actually ended up I'm extremely middle of the road.

M. Scott Peck

These people talk of a "middle-of-the-road" policy. What they do not see is that the isolated interference, which means the interference with only one small part of the economic system, brings about a situation which the government itself — and the people who are asking for government interference — find worse than the conditions they wish to abolish: the people who are asking for rent control are very angry when they discover there is a shortage of apartments and a shortage of housing.

Ludwig von Mises

In the course of history periods of capitalism and socialism alternate with one another; capitalism is the unnatural, socialism the natural economic system... The National Socialists and the Red Front have the same aspirations. The Jews falsified the Revolution in the form of Marxism and that failed to bring fulfilment.

Heinrich Himmler

The greatness of America has grown out of a political and social system and a method of control of economic forces distinctly its own - our American system.

Herbert Hoover

Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.

Earl Browder

Everything brought forward in favor of Socialism during the last hundred years, in thousands of writings and speeches, all the blood which has been spilt by the supporters of Socialism, cannot make socialism workable.

Ludwig von Mises

Marxism is not only the theory of socialism, it is an integral world outlook, a philosophical system, from which Marx’s proletarian socialism logically follows. This philosophical system is called dialectical materialism.