Ludwig von Mises Quotes about Competition

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It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction.

It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction.

Ludwig von Mises

War, Competition, Battle

Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.285, VM eBooks

Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulates riches.

Ludwig von Mises

Order, Giving, Competition

Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”

The sharper the competition, the better it serves its social function to improve economic production.

Ludwig von Mises

Competition, Economic, Social

Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.

Ludwig von Mises

Men, Competition, Fellow Man

The public firm can nowhere maintain itself in free competition with the private firm; it is possible today only where it has a monopoly that excludes competition. Even that alone is evidence of its lesser economic productivity.

Ludwig von Mises

Competition, Libertarian, Today