Etatism, a theory, doctrine omnipotence State, and, a policy, attempt — Ludwig von Mises, Theory Money Credit

Norway Timelapse
PlayPlay

previous arrow
next arrow
Norway Timelapse
Budapest Timelapse
Iceland Timelapse
Berlin Timelapse
London Timelapse
previous arrow
next arrow

Etatism, as a theory, is the doctrine of the omnipotence of the State, and, as a policy, the attempt to regulate all mundane affairs by authoritative commandment and prohibition. The ideal society of etatism is a particular sort of socialistic community; it is usual in discussions involving this ideal society to speak of State Socialism, or, in some connexions, of Christian Socialism.

Ludwig von Mises, The Theory of Money and Credit

Related Authors: Ludwig von Mises | The Theory of Money | Credit

Related Topics: capitalism, economics, freedom, money

Leave a Reply

Your email address will not be published. Required fields are marked *