Fortunes Cannot Grow; Someone Has To Increase

Neither The Entrepreneurs Nor The Farmers Nor The Capitalists Determine What Has To Be Produced. The Consumers Do That.

While Under Precapitalistic Conditions Superior Men Were The Masters On Whom The Masses Of The Inferior Had To Attend, Under Capitalism The More Gifted And More Able Have No Means To Profit From Their Superiority Other Than To Serve To The Best Of Their Abilities The Wishes Of The Majority Of The Less Gifted.

Public Opinion Always Wants Easy Money, That Is, Low Interest Rates.

In The Socialist Commonwealth Every Economic Change Becomes An Undertaking Whose Success Can Be Neither Appraised In Advance Nor Later Retrospectively Determined. There Is Only Groping In The Dark. Socialism Is The Abolition Of Rational Economy.

The Policy Of Letting The Free Market Determine The Height Of Wage Rates Is The Only Reasonable And Successful Full-employment Policy.