Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.
Ludwig von MisesSocialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
Ludwig von MisesWhat counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at substituting new values and ideas for old ones.
Ludwig von MisesThe study of economics has been again and again led astray by the vain idea that economics must proceed according to the pattern of other sciences.
Ludwig von MisesYou know that the population is of this planet is now ten times greater than it was in the ages preceding capitalism.; you know that all men today enjoy a higher standard of living than your ancestors did before the age of capitalism. But how do you know that you are the one out of ten who would have lived in the absence of capitalism? The mere fact that you are living today is proof that capitalism has succeeded, whether or not you consider your own life very valuable.
Ludwig von Mises