"The market economy is the social system of the division of
labor under private ownership of the means of production. Everybody acts on his
own behalf; but everybodys actions aim at the satisfaction of other peoples
needs as well as at the satisfaction of his own. Everybody in acting serves his
fellow citizens. The market steers the capitalistic economy. It directs each
individuals activities into those channels in which he best serves the wants of
his fellow-men. The market alone puts the whole social system of private
ownership of the means of production and free enterprise in order and provides
it with sense and meaning. The market economy was not devised by a master mind;
it was not first planned as an utopian scheme and then put to work." ~ Ludwig
von Mises.
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