philoserf (philoserf) wrote,
philoserf
philoserf

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Q

The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggest that any other social system could be as beneficial to the masses as capitalism.
Ludwig von Mises
Yet these good things do not mean that the interpretation of some as to what capitalism is and what policies it requires are correct. Also, it does not mean that another system of social organization can't be created or discovered that improves upon the classic beauty of capitalism.
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