No People And No Part Of A

The Elimination Of Profit, Whatever Methods May Be Resorted To For Its Execution, Must Transform Society Into A Senseless Jumble. It Would Create Poverty For All.

Private Property Creates For The Individual A Sphere In Which He Is Free Of The State. It Sets Limits To The Operation Of The Authoritarian Will.

The Liberals Of The Eighteenth Century, Guided By The Ideas Of Natural Law And Of The Enlightenment, Demanded For Everyone Equality Of Political And Civil Rights... Nothing, However, Is As Ill-founded As The Assertion Of The Alleged Equality Of All Members Of The Human Race.

Credit Expansion Can Bring About A Temporary Boom. But Such A Fictitious Prosperity Must End In A General Depression Of Trade, A Slump.

The System That Would Stand Midway Between Capitalism And Socialism.