A Quote by Ludwig von Mises

For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.
Socialist democracy is not a luxury but an absolute, essential necessity for overthrowing capitalism and building socialism.
Under a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon laziness and negligence. Whereas in a capitalist society selfishness incites everyone to the utmost diligence, in a socialist society it makes for inertia and laxity.
Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and not merely contrary notions. There is no such thing as a mixed economy, a system that would stand midway between capitalism and socialism.
The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses.
A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism - by vote. It is merely the difference between murder and suicide.
While I have questions about the language used in describing the two economic systems, I think people have fairly good gut sense of the difference between socialism and capitalism.
Our problem today is not how to expropriate the expropriators but, rather, how to arrange matters so that the masses, dispossessed by industrial society in capitalist and socialist systems, can regain property. For this reason alone, the alternative between capitalism and socialism is false-not only because neither exists anywhere in its pure state anyhow, but because we have here twins, each wearing different hats.
In 1949, I believed that social progress, the triumph of the proletariat, socialism would lead to the emancipation of women. But I saw that nothing came of it: first of all, that socialism was not achieved anywhere, and that in certain countries which called themselves socialist, the situation of women was no better than it was in so-called capitalist countries.
When external and internal forces hostile to the development of socialism try to turn the development of a given socialist country in the direction of the restoration of the capitalist system, when a threat arises to the cause of socialism in that country ... this is no longer merely a problem for that country's people, but a common problem, the concern of all socialist countries.
Production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.
Hitler did not have Mussolini's revolutionary socialist background... Nevertheless, he shared the socialist hatred and contempt for the 'bourgeoisie' and 'capitalism' and exploited for his purposes the powerful socialist traditions of Germany. The adjectives 'socialist' and 'worker' in the official name of Hitler's party ('The Nationalist-Socialist German Workers' Party') had not merely propagandistic value... On one occasion, in the midst of World War II, Hitler even declared that 'basically National Socialism and Marxism are the same.'
It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy.
In China the struggle to consolidate the socialist system, the struggle to decide whether socialism or capitalism will prevail, will still take a long historical period. However, we should all realize that the new system of socialism will unquestionably be consolidated. We can assuredly build a socialist state with modern industry, modern agriculture, and modern science and culture.
I was brought up a working-class Tory. I believe, to be a true socialist, you have to be a capitalist first. In my heart, I'm a socialist; in my mind, I'm a capitalist.
I tend to not use the word "socialist," because even though more young adults in the United States in a poll say they support socialism than do capitalism, the word socialism doesn't have a lot of meaning in this country.
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