A Quote by Leonard Read
What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.
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Such terms as communism, socialism, Fabianism, the welfare state, Nazism, fascism, state interventionism, egalitarianism, the planned economy, the New Deal, the Fair Deal, the New Frontier are simply different labels for much the same thing.
Coercion is as much the tool of the welfare state as it is of communism. The programs and edicts of both are backed by the police force. All of us know this to be true under communism, but it is equally true under our own brand of welfare statism.
We may first observe that communism and socialism - which we shall hereafter group together and dub Statism - cannot live with Christianity nor with any religion that postulates a Creator such as the Declaration of Independence recognizes. The slaves of Statism must know no power, no authority, no source of blessing, no God, but the State.
Socialism is the gradual and less violent form of communism, and socialist is the project of the European Union, which was born in Maastricht in 1992. The intent was to save socialism in Europe after the fall of the Berlin Wall and the predictable bankruptcy of the welfare state in the West as well.
There is no difference in principle, ... between the economic philosophy of Nazism, socialism, communism, and fascism and that of the American welfare state and regulated economy.
Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are cause and effect, they feed on each other!
Between complete socialism and communism there is no difference whatever in my mind.Communism is in fact the completion of socialism; when that ceases to be militant and becomes triumphant, it will be communism.
We must ever keep in mind that collectivized socialism is part of the communist strategy. Communism is fundamentally socialism. We will never win our fight against communism by making concessions to socialism.
Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.
I believe that the Welfare State redistributes poverty and reduces income. As Karl Kraus once said of psychoanalysis, the Welfare State is the disease which it purports to cure.
Under both the welfare state and communism, the responsibility for the welfare, security, and prosperity of the people is presumed to rest with the central government.
The most potent and significant expression of statism is a State educational system. Without it, statism is impossible. With it, the State can, and has, become everything.
American critics of welfare statism are often surprised to learn that countries like West Germany, with a much more comprehensive welfare state and a statistically larger public sector, have fewer government employees per capita than the United States does.
There are few problems in the world that economic prosperitycannot help solve. Yet the engines of that prosperity are under fierceattack. The forces that seek power over others have gained the upperhand against those that seek freedom. By harming wealth creation,they cause even more strain on society. Historically, this is nothingnew. State domination over its subjects has roots that connect statism,totalitarianism, communism, and socialism to more modern-day variantsof liberalism and progressivism. It is a constant fight and we mustwin.
The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.
Men who sincerely abhorred the word Communism in the pursuit of common ends found that they were unable to distinguish Communists from themselves…. For men who could not see that what they firmly believed was liberalism added up to socialism could scarcely be expected to see what added up to Communism. Any charge of Communism enraged them precisely because they could not grasp the differences between themselves and those against whom it was made.
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