Need Is Not Demand. Effective

The Capitalist System Has Lifted Mankind Out Of Mass Poverty. It Is This System That In The Last Century, In The Last Generation, Even In The Last Decade, Has Acceleratively Been Changing The Face Of The World, And Has Provided The Masses Of Mankind With Amenities That Even Kings Did Not Possess Or Imagine A Few Generations Ago.

The Solution To Our Problems Is Not More Paternalism, Laws, Decrees, And Controls, But The Restoration Of Liberty And Free Enterprise, The Restoration Of Incentives, To Let Loose The Tremendous Constructive Energies Of 300 Million Americans.

The Times Call For Courage. The Times Call For Hard Work. But If The Demands Are High, It Is Because The Stakes Are Even Higher. They Are Nothing Less Than The Future Of Human Liberty, Which Means The Future Of Civilization.

When People Who Earn More Than The Average Have Their 'surplus', Or The Greater Part Of It, Seized From Them In Taxes, And When People Who Earn Less Than Average Have The Deficiency , Or The Greater Part Of It, Turned Over To Them In Hand-outs And Doles, The Production Of All Must Sharply Decline; For The Energetic And Able Who Lose Their Incentive To Produce More Than The Average, And The Slothful And Unskilled Lose Their Incentive To Improve Their Condition.

The Question Is Not Whether We Wish To See Everybody As Well Off As Possible. Among Men Of Good Will Such An Aim Can Be Taken For Granted. The Real Question Concerns The Proper Means Of Achieving It. And In Trying To Answer This We Must Never Lose Sight Of A Few Elementary Truisms. We Cannot Distribute More Wealth Than Is Created. We Cannot In The Long Run Pay Labor As A Whole More Than It Produces.