The Liberty Archive Free Capitalists

Chapter 231 of 234 · The Quotable Mises by Ludwig von Mises

Workers

255 words · All 234 chapters

Workers and consumers are, of course, identical.

On the Manipulation of Money and Credit, p. 179

The laborer is an entrepreneur in so far as his wages are determined by the price the market allows for the kind of work he can perform. This price varies according to the change in conditions in the same way in which the price of every other factor of production varies.

Human Action, p. 255; p. 254

The American worker is badly mistaken when he believes that his high standard of living is due to his own excellence.

Planning for Freedom, p. 136

The improvement of well-being brought about by capitalism made it possible for the common man to save and thus to become in a modest way himself a capitalist.

Planning for Freedom, p. 160

Everybody is eager to charge for his services and accomplishments as much as the traffic can bear. In this regard there is no difference between the workers, whether unionized or not, the ministers and teachers on the one hand and the entrepreneurs on the other hand. Neither of them has the right to talk as if he were Francis d’Assisi.

Planning for Freedom, p. 145

A great part of the capital at work in American enterprises is owned by the workers themselves and by other people with modest means.

Economic Policy, p. 86

In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee’s lord. He is simply the buyer of services which he must purchase at their market price.

Human Action, p. 629; pp. 633–34

The Quotable Mises

Read the whole book online · Book details

Free to read online and to download from this archive.