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Topic:

Capitalism

Category:

Economics

Issue:

Economic Democracy

Author:

Von Mises, Ludwig

Date:

1962

Title:

Socialism: An Economic and Sociological Analysis

Publisher:

New York: Basic Books

Reference:

21

Quotes:

Would anyone walk into a lion's cage because both the lion and the cage, as we see them, are ultimately things constructed in our brains? More important, why not? Only because the verification processes so deftly made to disappear in theory could become very quickly, very brutally, and very agonizingly apparent. That is also the very reason why dogs do not run into a roaring flame and why bats swerve to avoid colliding with a stone wall. All these differently constructed worlds are subjected to verification processes. All these creatures' worlds, like our own, are indeed "perceptions" but they are not just perceptions. The position of the observer is indeed an integral part of the data, but it is not the only part of the data.

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Economic Democracy

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