glyph 141: liberalism, true and flase ... quotation from Omnipotent Government by Ludwig von Mises ... war, peace, causes


The Program of Economic Freedom

the position of true liberals

Ludwig von Mises, Omnipotent Government: The rise of the total state and total war, Preface, pg. iv.

The program of economic freedom is not negativistic. It aims positively at the establishment and preservation of the system of market economy based on private ownership of the means of production and free enterprise. It aims at free competition and at the sovereignty of the consumers. As the logical outcome of these demands the true liberals are opposed to all endeavors to substitute government control for the operation of the unhampered market economy. Laissez faire, laissez passer does not mean: let the evils last. On the contrary it means: do not interfere with the operation of the market because such interference must necessarily restrict output and make people poorer. It means furthermore: do not abolish or cripple the capitalist system which, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living of the masses in an unprecedented way.

Omipotent Government, table of contents:
entered before July 9, 2006

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