A Quote by Ludwig von Mises
The sharper the competition, the better it serves its social function to improve economic production.
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Advertising as the printed form of selling would seem... ultimately to be justified in so far as it serves as a means of increasing legitimate human wants, as an agency of fair and economic competition in the distribution of goods, and as a stimulant to social progress.
Advertising as the printed form of selling would seem . . . ultimately to be justified in so far as it serves as a means of increasing legitimate human wants, as an agency of fair and economic competition in the distribution of goods, and as a stimulant to social progress.
Guilt serves a powerful social function in terms of policing our behavior.
Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulates riches.
Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.
We at ESPN like competition. It makes us better. It makes us sharper.
Competition always tends to bring about the most economical and efficient method of production. Those who are most successful in this competition will acquire more capital to increase their production still further; those who are least successful will be forced out of the field. So capitalist production tends constantly to be drawn into the hands of the most efficient.
The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.
Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.
Social incubators not only create economic impact but also have impact across sectors, such as healthcare, education, and the environment. As the interest in social innovation increases, there is a greater need to help existing programs improve and build new programs.
Now culture being a social product, I firmly believe that any work of art should have a social function to beautify, to glorify, to dignify man... Since any social system is forced to change to another by concrete economic forces, its art changes also to be recharged, reshaped, and revitalized by the new conditions... The making of a genuine artist or writer is not mysterious. It is not
the work of Divine Providence. Social conditions, history, and the people's struggle are the factors behind it.
Having no competition is a bad thing. Competition makes you try to improve yourself all the time.
The bottom line is that it's the NFL, and there's going to be competition wherever you go. That's the way I look at it. I've had competition in high school. I've had competition in college, and that's part of the game. That's part of how you improve as a quarterback.
The social system grows rigid but the productive forces continue to expand, and conflict ensues between the forces of production and the social conditions of production.
Under the old social philosophy which had governed the Middle Ages, temporal, and therefore all economic, activities were referred to an eternal standard. The production of wealth, it distribution and exchange were regulated with a view to securing the Christian life of Christian men. In two points especially was this felt: First in securing the independence of the family, which can only be done by the wide distribution of property, in others words the prevention of the growth of a proletariat; secondly, in the close connection between wealth and public function.
A cornerstone of President Donald Trump's agenda has been to promote domestic energy production, create jobs and improve economic growth, and he has directed federal agencies to replace or repeal burdensome and outdated regulations that stand in the way of these objectives.
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