From The Quotable Mises — surrounding passage

Planning for Freedom , p. 146 Under such a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon laziness and negligence. Whereas in a capitalist society selfishness incites everyone to the utmost diligence, in a socialist society it makes for inertia and laxity. Human Action , p. 674; p. 677

“Only those on the government’s payroll are rated as unselfish and noble.”

Human Action , No Entry; p. 735 In the society based on division of labour and co-operation, the interests of all members are in harmony, and it follows from this basic fact of social life that ultimately action in the interests of myself and action in the interest of others do not conflict, since the interests of individuals come together in the end. Socialism , p.