Socialist Society Is A Society

The Causes Of All Panics, Crashes And Depressions Can Be Summed Up In Only Four Words: The Misuse Of Credit.

The Unprecedented Success Of Keynesianism Is Due To The Fact That It Provides An Apparent Justification For The 'deficit Spending' Policies Of Contemporary Governments. It Is The Pseudo-philosophy Of Those Who Can Think Of Nothing Else Than To Dissipate The Capital Accumulated By Previous Generations.

The Essential Feature Of Government Is The Enforcement Of Its Decrees By Beating, Killing, And Imprisoning.

Welfare Policies Never Attain Those - Allegedly Beneficial - Ends Which The Government And The Self-styled Progressives Who Advocated Them Wanted To Attain, But - On The Contrary - Bring About A State Of Affairs Which - From The Very Point Of View Of The Government And Its Supporters - Is Even More Unsatisfactory Than The Previous State Of Affairs They Wanted To 'improve.'

The Santa Claus Principle Liquidates Itself.