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The system that would stand midway between capitalism and socialism.
-Ludwig Von Mises
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The System That Would Stand Midway Between

Ludwig Von Mises
The system that would stand midway between capitalism and socialism.
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Socialism Midway Capitalism And Socialism

More From Ludwig Von Mises

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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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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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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I hope that no one present will suspect me of offering my personal criticism of the western system to present socialism as an alternative. having experienced applied socialism in a country where the alternative has been realized, i certainly will not speak for it. the well-known soviet mathematician shafarevich, a member of the soviet academy of science, has written a brilliant book under the title socialism; it is a profound analysis showing that socialism of any type and shade leads to a total destruction of the human spirit and to a leveling of mankind into death.
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A jesuit once wrote a note to father arrupe, his superior general, asking him about the relative value of communism, socialism and capitalism. father arrupe gave him a lovely reply. he said, "a system is about as good or as bad as the people who use it." people with golden hearts would make capitalism or communism or socialism work beautifully.
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I see myself, in terms of the question of capitalism, as i would support democratic socialism over a capitalist system, because any approach... or participatory economics, which is another great model that people like michael albert are putting out there... any system that encourages us to think about interdependency, and to be able to use the world's resources in a wiser way, for the good of the whole, would be better for the world than capitalism.
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