A living dog is better than a dead lion.
Category: Thought
Herbert Spencer
The ultimate result of shielding men from the effects of folly, is to fill the world with fools.
Blaming “greedy lenders” or even foolish borrowers begs the question. What institutional factors gave rise to all the foolish lending and borrowing in the first place? Why did the banks have so much money available to lend in the mortgage market — so much indeed that they could throw it even at applicants who lacked jobs, income, down payment money, and good credit?
Dixy Lee Ray
Beware of averages. The average person has one breast and one testicle.
Yves Guyot, 1910
A law of spoliation may be passed and carried into effect, but in the event of its results becoming permanent, it runs the risk of destroying the government which has assumed the responsibility for it.
Yves Guyot, 1910
There are three words which Socialism must erase from the facades of our public buildings—the three words of the Republican motto:—
Liberty, because Socialism is a rule of tyranny and of police.
Equality, because it is a rule of class.
Fraternity, because its policy is that of the class war.
Yves Guyot, 1910
Proudhon was nothing but a “petit bourgeois” as Karl Marx said. There is but one true socialism, the socialism of Germany, whose formula was propounded by Karl Marx and Engels in the “Communistic Manifesto” of 1848.
They chose “communism” because the word “socialism” had been too much discredited at the time, but they subsequently resumed it, for the logical conclusion of all socialism is communism. The word “collectivism,” says Paul Lafargue, was only invented in order to spare the susceptibilities of some of the more timorous. It is synonymous with the word “communism.” Every socialistic programme, be it the programme of St. Mandé, published in 1896 by M. Millerand, which lays down that “collectivism is the secretion of the capitalist régime,” or that of the Havre Congress, drawn up by Karl Marx, and carried on the motion of Jules Guesde, concludes with “the political and economic expropriation of the capitalist class and the return to collective ownership of all the means of production.”
But is this conclusion really so very different from that of their predecessors whom they treat with such scorn?
Ludwig von Mises, 1947
Whatever people do in the market economy, is the execution of their own plans. In this sense every human action means planning. What those calling themselves planners advocate is not the substitution of planned action for letting things go. It is the substitution of the planner’s own plan for the plans of his fellow-men. The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute pre-eminence of his own plan.
Ludwig von Mises, 1947
When people were committed to the idea that in the field of religion only one plan must be adopted, bloody wars resulted. With the acknowledgment of the principle of religious freedom these wars ceased. The market economy safeguards peaceful economic co-operation because it does not use force upon the economic plans of the citizens. If one master plan is to be substituted for the plans of each citizen, endless fighting must emerge. Those who disagree with the dictator’s plan have no other means to carry on than to defeat the despot by force of arms.
Ludwig von Mises, 1962
It is a double-edged makeshift to entrust an individual or a group of individuals with the authority to resort to violence. The enticement implied is too tempting for a human being. The men who are to protect the community against violent aggression easily turn into the most dangerous aggressors. They transgress their mandate. They misuse their power for the oppression of those whom they were expected to defend against oppression. The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.