The welfare state destroys the market mechanisms - lessens free choice and willing exchange. Simultaneously creating unnatural specializations, it must, granted statism's premise, resort to welfarism; that is, it must assume the responsibility for the people's welfare: their employment, their old age, their income, and the like. As this is done, man loses his wholeness; he is dispossessed of responsibility for self, the very essence of his manhood. The more dependent he becomes, the less dependable!
Leonard ReadIn market terms, one is entitled to what others will offer in willing exchange. That is all!
Leonard ReadWhat precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.
Leonard ReadThe American people are becoming more and more afraid of, and are running away from, their own revolution.
Leonard Read