You do not defend a world that is already lost.

This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic.

The New Deals enmity for that system of free and competitive private enterprise which we call capitalism was fundamental.

The idea of imposing universal peace on the world by force is a barbarian fantasy.

There is in government a living impulse to extend itself indefinitely; and there is in freedom a necessity to resist that impulse.

The New Deal was going to redistribute the national income according to ideals of social and economic justice.

If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.