To Create Conditions In Which Competition Will

Our Moral Traditions Developed Concurrently With Our Reason, Not As Its Product.

Few Are Ready To Recognize That The Rise Of Fascism And Nazism Was Not A Reaction Against The Socialist Trends Of The Preceding Period But A Necessary Outcome Of Those Tendencies.

We Must Show That Liberty Is Not Merely One Particular Value But That It Is The Source And Condition Of Most Moral Values. What A Free Society Offers To The Individual Is Much More Than What He Would Be Able To Do If Only He Were Free. We Can Therefore Not Fully Appreciate The Value Of Freedom Until We Know How A Society Of Free Men As A Whole Differs From One In Which Unfreedom Prevails.

Democracy Is Essentially A Means, A Utilitarian Device For Safeguarding Internal Peace And Individual Freedom. As Such It Is By No Means Infallible Or Certain. Nor Must We Forget That There Has Often Been Much More Cultural And Spiritual Freedom Under An Autocratic Rule Than Under Some Democracies And It Is At Least Conceivable That Under The Government Of A Very Homogeneous And Doctrinaire Majority Democratic Government Might Be As Oppressive As The Worst Dictatorship.

Through The Inevitable Mismanagement Of Resources And Goods At The Disposal Of The State, All Forms Of Collectivism Lead Eventually To Tyranny.