The essence of democracy is not that everyone makes and administers laws but that lawgivers and rulers should be dependent on the people's will in such a way that they may be peaceably changed if conflict occurs.

Every collectivist assumes a different source for the collective will, according to his own political, religious and national convictions.

The Santa Claus principle liquidates itself.

Government is an apparatus of compulsion and coercion.

Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.

The main characteristic of collectivism is that it does not take notice of the individual's will and moral self-determination. In the light of its philosophy the individual is born into a collective and it is "natural" and proper for him to behave as members of this collective are expected to behave. Expected by whom? Of course, by those individuals to whom, by the mysterious decrees of some mysterious agency, the task of determining the collective will and directing the actions of the collective has been entrusted.

Every step toward the elimination of profit is progress on the way toward social disintegration.