The student of Liberty must constantly endeavor to disassociate his imagination from sanguinary dramas of assassination and revolt.

Capitalism is at least tolerable, which cannot be said of Socialism or Communism

There are some troubles from which mankind can never escape .... have never claimed that liberty will bring perfection; they simply say that its results are vastly preferable to those that follow from authority .... As a choice of blessings, liberty is the greater; as a choice of evils, liberty is the smaller. Then liberty always says the Anarchist. No use of force except against the invader.

First, then, State Socialism, which may be described as the doctrine that all the affairs of men should be managed by the government, regardless of individual choice.

Marx, as we have seen, solved it by declaring capital to be a different thing from product, and maintaining that it belonged to society and should be seized by society and employed for the benefit of all alike.

Socialism, on the contrary, extends its function to the description of society as it should be, and the discovery of the means of making it what it should be.

Is not the very beginning of privilege, monopoly and industrial slavery this erecting of the ballot-box above the individual?