The word "Capitalism" expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas.

The idea that political freedom can be preserved in the absence of economic freedom, and vice versa, is an illusion. Political freedom is the corollary of economic freedom.

The government and its chiefs do not have the powers of the mythical Santa Claus. They cannot spend except by taking out of the pockets of some people for the benefit of others.

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.

The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.

In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors.

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