Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.
Leonard ReadWhenever government assumed responsibility for the security, welfare, and prosperity of citizens, the costs of government rise beyond the point where it is politically expedient to cover them by direct tax levies.
Leonard ReadWere it necessary to bring a majority into a comprehension of the libertarian philosophy, the cause of liberty would be utterly hopeless. Every significant movement in history has been led by one or just a few individuals with a small minority of energetic supporters.
Leonard ReadPoliticians, bureaucrats, editors, new commentators, 'economists' teachers,' and other word artists who denounce private enterprise and praise socialism are their own worst enemies...these attackers are unwittingly destroying the sources of their own livelihood. They kill the geese that lay the golden eggs - and don't know it!
Leonard ReadWe need only take our heads out of the sand to see clearly that interventionism not only has failed to provide the promised something-for-nothing, but has led to all sorts of undesirable consequences. Indeed, many are just beginning to realize that we are moving towards disaster even though we have been on a wrong heading for decades.
Leonard ReadThe right way is the greatest gratifier of human wishes ever come upon - when allowed to operate. It is as morally sound as the Golden Rule. It is the way of willing exchange, of common consent, of self-responsibility, of open opportunity. It respects the right of each to the product of his labor. It limits the police force to keeping the peace. It is the way of the free market, private property, limited government. On its banner is emblazoned Individual Liberty.
Leonard Read