Fascism is capitalism in decay.

Fascism is capitalism in decay.

Perhaps America will one day go fascist democratically, by popular vote.

Perhaps America will one day go fascist democratically, by popular vote.

I hereby resign this office of president of the United States.

I hereby resign this office of president of the United States.

Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that read more

Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that set of options which has economic value...It is the options, and not the physical things, which are the "property" - economically as well as legally...But because the public tends to think of property as tangible, physical things, this opens the way politically for government confiscation of property by forcibly taking away options while leaving the physical objects untouched.

...economic history is a long record of government policies that failed because they were designed with a bold disregard for read more

...economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.

...the argument for liberty is not an argument against organization, which is one of the most powerful tools human reason read more

...the argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization, against the use of coercion to prevent others from doing better.

A conservative is a man who just sits and thinks, mostly sits.

A conservative is a man who just sits and thinks, mostly sits.

It is the very essence of despotism that it can never afford to fail. This is what distinguishes it most read more

It is the very essence of despotism that it can never afford to fail. This is what distinguishes it most vitally from democracy. In a despotism there is no organized opposition which can take over the power when the Administration in office has failed. All the eggs are in one basket. Everything is staked on one coterie of men. When the going is good, they move more quickly and efficiently than democracies, where the opposition has to be persuaded and conciliated. But when they lose, there are no reserves. There are no substitutes on the bench ready to go out on the field and carry the ball. That is why democracies with the habit of party government have outlived all other forms of government in the modern world. They have, as it were, at least two governments always at hand, and when one fails they have the other. They have diversified the risks of mortality, corruption, and stupidity which pervade all human affairs. They have remembered that the most beautifully impressive machine cannot run for very long unless there is available a complete supply of spare parts.

When people revolt in a totalitarian society, they rise not against the wickedness of the regime but its weakness.

When people revolt in a totalitarian society, they rise not against the wickedness of the regime but its weakness.