"If history could teach us anything, it would be that private property is inextricably linked with civilization"
- Ludwig von Mises
About this Quote
This quote by Ludwig von Mises recommends that personal property is necessary for the advancement of civilization. He implies that without private property, civilization would not exist. This is since private property enables people to own and manage resources, which is essential for the development of a society. Personal property likewise supplies rewards for individuals to work hard and develop wealth, which is necessary for the growth of a society. Additionally, private property enables people to accumulate wealth and pass it to future generations, which is essential for the connection of a society. Therefore, private property is an important element of civilization and is inextricably connected to it.
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