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" ONE of the more important arguments in favour of Socialism is that contained in the slogan ‘self-government in industry’. As in the political sphere the King's absolutism was broken by the peoples’ right to share decisions and later by its sole right to decide, so the absolutism of owners of the means of production and of entrepreneurs is to be abolished by consumers and workers. "

Ludwig von Mises , Socialism: An Economic and Sociological Analysis


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Ludwig von Mises quote : ONE of the more important arguments in favour of Socialism is that contained in the slogan ‘self-government in industry’. As in the political sphere the King's absolutism was broken by the peoples’ right to share decisions and later by its sole right to decide, so the absolutism of owners of the means of production and of entrepreneurs is to be abolished by consumers and workers.