Depression Is The Aftermath Of

Economic Progress Is The Work Of The Savers, Who Accumulate Capital, And Of The Entrepreneurs, Who Turn Capital To New Uses.

The Idea Of Socialism Is At Once Grandiose And Simple. . .we May Say, In Fact, That It Is One Of The Most Ambitious Creations Of The Human Spirit, . . .so Magnificent, So Daring, That It Has Rightly Aroused The Greatest Admiration. If We Wish To Save The World From Barbarism We Have To Refute Socialism, But We Cannot Thrust It Carelessly Aside.

There Is No Such Thing As A Just And Fair Method Of Exercising The Tremendous Power That Interventionism Puts Into The Hands Of The Legislature And The Executive.

Big Business Depends Entirely On The Patronage Of Those Who Buy Its Products: The Biggest Enterprises Loses Its Power And Its Influence When It Loses Its Customers.

Within The Market Society Each Serves All His Fellow Citizens And Each Is Served By Them. It Is A System Of Mutual Exchange Of Services And Commodities, A Mutual Giving, And Receiving.