The rationale for the vast network of government welfare programs as well as regulation and control over private enterprise is based on the socialist analysis of the market economy.

Capitalism in the 19th century did not doom the worker to a life of perpetual poverty. Instead, they kept creating new and better-paying employments as the decades went by. They produced the wealth and rising income that resulted in the emergence of a phenomenon completely new to human history: a self-supporting and educated middle class that grew more and more as they lower classes bettered their economic well-being.

Our world today is in the grip of anti-capitalism. State bureaucracies ruling over anti-market policies have grown into ideological and political elites who arrogantly presume to know and dictate how we should all live and work.

Socialism's failure in the former Soviet Union and in the other socialist countries stands as a clean and unquestionable warning as to which path any rational and sane people should never follow again. Government planning brought poverty and ruin...Unfortunately, America is not absorbing the lessons that should be learned from the socialist experience and, instead, is following the same path of destruction.

Democracy in itself does not define or guarantee a free society. History has told many stories of democratic societies that have degenerated into corruption, plunder, and tyranny.

The history of paper money is an account of abuse, mismanagement, and financial disaster.

Through private investment capitalism kept raising the productivity of labor to new heights. Parents were able to earn enough so their offspring did not have to join the work force at an early age. This produced something unique in history: Childhood, a time when the young could experience the innocence of play and opportunity of schooling before entering the world of work.