Saturday, September 30, 2017

Mises on Socialism: Common Sense and Moral Courage

"The intellectual leaders of the peoples have produced and propagated the fallacies which are on the point of destroying liberty and Western civilization.  The intellectuals alone are responsible for the mass slaughters which are the characteristic mark of our century.  They alone can reverse the trend and pave the way for a resurrection of freedom.

"Not mythical 'material productive forces', but reason and ideas determine the course of human affairs.  What is needed to stop the trend towards socialism and despotism is common sense and moral courage."

~ Ludwig von Mises, 1947
"Planned Chaos"
Published in the 1951 edition of Mises's Socialism: An Economic and Sociological Analysis, p. 592

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