Historical Knowledge Is Indispensable For Those Who

In The Capitalist Society There Is A Place And Bread For All. Its Ability To Expand Provides Sustenance For Every Worker. Permanent Unemployment Is Not A Feature Of Free Capitalism.

There Is But One Means Available To Improve The Material Conditions Of Mankind: To Accelerate The Growth Of Capital Accumulated As Against The Growth In Population. The Greater The Amount Of Capital Invested Per Head Of The Worker, The More And Better Goods Can Be Produced And Consumed. This Is What Capitalism, The Much Abused Profit System, Has Brought About And Brings About Daily Anew. Yet, Most Present-day Governments And Political Parties Are Eager To Destroy This System.

The Essence Of Keynesianism Is Its Complete Failure To Conceive The Role That Saving And Capital Accumulation Play In The Improvement Of Economic Conditions.

The Men Who Are To Protect The Community Against Violent Aggression Easily Turn Into The Most Dangerous Aggressors. They Transgress Their Mandate. They Misuse Their Power For The Oppression Of Those Whom They Were Expected To Defend Against Oppression. The Main Political Problem Is How To Prevent The Police Power From Becoming Tyrannical. This Is The Meaning Of All The Struggles For Liberty.

There Is No Such Thing As A Just And Fair Method Of Exercising The Tremendous Power That Interventionism Puts Into The Hands Of The Legislature And The Executive.