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Ludwig von Mises on what a dictator does

“The dilemma … is between the democratic process of the market in which every individual has his share and the exclusive rule of a dictatorial body. Whatever people do in the market economy is the execution of their own plans. In this sense every human action means planning. What those calling themselves planners advocate is not the substitution of planned action for letting things go. It is the substitution of the planner’s own plan for the plans of his fellowmen. The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.” –Austrian economist Ludwig von Mises (1881-1973)

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About John R. Conley

Family man, classic rock junkie, history, football, cars, photography...contact me at joxbob@gmail.com or 678-386-4694.

Posted on September 21, 2009, in Politics and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

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