Ludwig von Mises: "In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism." - Socialism
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|Ludwig von Mises||It is not labor legislation and labor-union pressure that have shortened hours of work and withdrawn married women and children from the factories; it is capitalism, which has made the wage earner so prosperous that he is able to buy more leisure time for himself and his dependents. The nineteenth centurys labor legislation by and large achieved nothing more than to provide a legal ratification for changes which the interplay of market factors had brought about previously.||Human Action|| p. 612; pp. 616-17||Working Conditions