A Quote by Ludwig von Mises
Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.
Quote Topics
Quote Author
Related Quotes
What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.
Such terms as communism, socialism, Fabianism, the welfare state, Nazism, fascism, state interventionism, egalitarianism, the planned economy, the New Deal, the Fair Deal, the New Frontier are simply different labels for much the same thing.
The goal of socialism is a fairer allocation of economic resources, which its advocates often claim will also be a less wasteful one. Socialism is about who gets the goods and how. Socialism objects to markets because markets allocate resources in ways socialists believe to be unfair on both counts: both the who and the how.
Friedrich Hayek made the point that one of the keystones of socialism is the denial of individual responsibility. Thus, the crusade for socialism always included attacks on individual responsibility. For if individuals do not have free will, and are not responsible for their actions, then their lives must be controlled somehow - preferably by the state - according to the socialists. They must be regulated, regimented and controlled - for their own good.
We are living in a highly organized state of socialism. The state is all; the individual is of importance only as he contributes to the welfare of the state. His property is only his as the state does not need it. He must hold his life and his possessions at the call of the state.
The very reason why we object to state ownership, that it puts a stop to individual initiative and to the healthy development of personal responsibility, is the reason why we object to an unsupervised, unchecked monopolistic control in private hands. We urge control and supervision by the nation as an antidote to the movement for state socialism. Those who advocate total lack of regulation, those who advocate lawlessness in the business world, themselves give the strongest impulse to what I believe would be the deadening movement toward unadulterated state socialism.
As liberals, men like Richter viewed socialism as the great modern counter-revolution, and believed that the achievement of the socialist goal would lead both to appalling poverty and state absolutism. There was nothing in the socialist doctrine of the time that would suggest otherwise.
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.
Either the USSR was not the country of socialism, in which case socialism didn't exist anywhere and doubtless, wasn't possible: or else, socialism was that, this abominable monster, this police state, the power of beasts of prey.
Therefore those governing the State ought primarily to devote themselves to the service of individual groups and of the whole commonwealth, and through the entire scheme of laws and institutions to cause both public and individual well-being to develop spontaneously out of the very structure and administration of the state.
Individual rights are the means of subordinating society to moral law.
Socialism is the phantastic younger brother of despotism, which it wants to inherit. Socialism wants to have the fullness of state force which before only existed in despotism. ... However, it goes further than anything in the past because it aims at the formal destruction of the individual ... who ... can be used to improve communities by an expedient organ of government.
I call both the left and right wings socialism. And today, the right-wingers love to think that they're capitalists, or free enterprisers, or what not. No they're not! The correct name for this is left-wing socialism or right-wing socialism - and both wings are on the same bird.
First, then, State Socialism, which may be described as the doctrine that all the affairs of men should be managed by the government, regardless of individual choice.
When you say 'state' you mean 'national.' National Socialism. That is what Mussolini and Hitler did. National Socialism. State Capitalism. They've changed the name.
The State, on the other hand, both in its genesis and by its primary intention, is purely anti-social. It is not based on the idea of natural rights, but on the idea that the individual has no rights except those that the State may provisionally grant him. It has always made justice costly and difficult of access, and has invariably held itself above justice and common morality whenever it could advantage itself by so doing.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Craig Roberts Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist