When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers ballot, held daily in the marketplace.


Socialism: An Economic and Sociological Analysis (ed. Lulu Press, Inc, 2015) - ISBN: 9781329675674

Ludwig von Mises Quotes

When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the...

When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the...

When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the...

When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the...