“[P]rivate enterprise and initiative, willing to take risks in the hope of gain, allowed to function in freedom, have produced the greatest wealth ever know in the history of mankind. And that if you stop this process and turn everything over to government, the activity will slow down, inventiveness will cease, and we shall get not equalization of riches, but equalization of poverty.”

Dorothy Thompson’s Political Guide: A Study of American Liberalism and its Relationship to Modern Totalitarian States (1938)
Source: A Study of American Liberalism and its Relationship to Modern Totalitarian States (1938)
p. 27

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Dorothy Thompson 77
American journalist and radio broadcaster 1893–1961

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