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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.
-Ludwig Von Mises
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For It Is An Essential Difference Between

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.
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Men Differences Liberty

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The capitalist engine is first and last an engine of mass production which unavoidably also means production for the masses. . . . it is the cheap cloth, the cheap cotton and rayon fabric, boots, motorcars and so on that are the typical achievements of capitalist production, and not as a rule improvements that would mean much to the rich man. queen elizabeth owned silk stockings. the capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within reach of factory girls.
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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.
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You don’t fight fire with fire. you fight fire with water. we’re gonna fight racism with solidarity. we're not gonna fight capitalism with black capitalism. we’re gonna fight capitalism with socialism. socialism is the people. if you’re afraid of socialism, you’re afraid of yourself.
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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.
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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.
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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.
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