The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybodys actions aim at the satisfaction of other peoples needs as well as at the satisfaction of his own. Everybody in acting serves his fellow citizens.

The living is not perfect because it is liable to change; the dead is not perfect because it does not live.

There prevails on a free labor market a tendency toward full employment.

No architect is held responsible for the behavior of those who inhabit the structure he designed.

All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.