Socialism Has Never And Nowhere Been At

It Is True That The Virtues Which Are Less Esteemed And Practiced Now--independence, Self-reliance, And The Willingness To Bear Risks, The Readiness To Back One's Own Conviction Against A Majority, And The Willingness To Voluntary Cooperation With One's Neighbors--are Essentially Those On Which The Of An Individualist Society Rests. Collectivism Has Nothing To Put In Their Place, And In So Far As It Already Has Destroyed Then It Has Left A Void Filled By Nothing But The Demand For Obedience And The Compulsion Of The Individual To What Is Collectively Decided To Be Good.

Liberty Is An Opportunity For Doing Good, But This Is Only So When It Is Also An Opportunity For Doing Wrong.

While An Equality Of Rights Under A Limited Government Is Possible And An Essential Condition Of Individual Freedom, A Claim For Equality Of Material Position Can Be Met Only By A Government With Totalitarian Powers.

The Credit Which The Apparent Conformity With Recognized Scientific Standards Can Gain For Seemingly Simple But False Theories May, As The Present Instance Shows, Have Grave Consequences.

Capitalism Created The Possibility Of Employment.