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“If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above the penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.” (Dr. Ludwig von Mises, Socialism, p. 583. 1951.)

Related Categories
Communism
Constitution
Life, Liberty and Property
Socialism