“Ignoring the lessons of our history, Obama’s economic policies of big government, enlarged federal control over our lives and eventually, as even he predicts, increased taxation has garnered a name of its own – “Obamanomics.” Obamanomics is simply the philosophy of socialism, loosely defined as “collective or governmental ownership and administration of the means of production or distribution of goods.””

— Roy Moore

Nations that embrace socialism inevitably experience stagnation and economic decline.
The Flawed Philosophy of Obamanomics http://www.wnd.com/2009/03/92055/ (March 18, 2009)

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American former judge 1947

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“Now, state socialism, by objecting to one form of ownership, mainly the right of individual ownership over the means of production, in effect, placed the lives and liberty of all its citizens in the hands of a government clique and does this very simply because no liberty could be achieved in society. If the state apparatus alone has control over means of production like printing presses and the broadcast medium of the airwaves, this control of the means of production is a control over the ends that people in society can seek.”

Roy A. Childs, Jr. (1949–1992) American libertarian essayist and critic

Roy A. Childs, Jr. “Property Rights/Civil Liberties: Two Sides of One Coin,” lecture presented at Stanford University for Cato Institute’s Summer Seminars on Political Economy (August 6, 1978). Reprinted in Liberty Against Power, San Francisco: CA, Fox & Wilkes (1994) p. 210

“It is not our immediate task to “introduce” socialism, but only to bring social production and the distribution of products at once under the control of the Soviets of Workers’ Deputies.”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

April Thesis (1917)

“If "socialism" is defined as "ownership of the means of production"--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.”

Peter F. Drucker (1909–2005) American business consultant

The Pension Fund Revolution (1976)
1960s - 1980s

“Thus, though the Fascist conception of property refused to countenance collective possession as such, individual ownership rights were understood to be strictly subordinate to collective discipline. It was not the individual ownership of property that concerned Fascists, but it subordination to collective control. Property was understood to perform social functions rather than to manifest individual rights. It was clear that the conception of property as a social function was broad enough to include socialization of the means of production, should that be required by the national interests as interpreted by the state.”

A. James Gregor (1929–2019) American political scientist

Source: The Ideology of Fascism: The Rationale of Totalitarianism, (1969), p. 305

“Liberty has never come from the government. Liberty has always come from the subjects of the government. The history of liberty is a history of resistance. The history of liberty is a history of the limitation of governmental power, not the increase of it.”

Woodrow Wilson (1856–1924) American politician, 28th president of the United States (in office from 1913 to 1921)

Speech at New York Press Club (9 September 1912), in The papers of Woodrow Wilson, 25:124
1910s

“I don't even like big government in Washington, let alone having super government over our federal government, such as a North American Union, or the United Nations, or any of these organizations. It just means more government and more attack on individual sovereignty, which is the real issue.”

Ron Paul (1935) American politician and physician

TV Special for Iowa, December 2007 http://www.youtube.com/watch?v=uQNWHmiGj-k
2000s, 2006-2009

“Reaganites learned it is POLICY change that changes economic trajectory. Reagan’s successes were built on establishing a fiscal framework that invigorated our entire economy, revitalized growth and investment while decreasing spending, tax rates, over-reaching regulations, unemployment, and favoritism via individual subsidies. We need Reaganites in the new Administration. However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in churches, not in businesses.”

Sarah Palin (1964) American politician

2016, But… Wait… The Good Guys Won’t Win With More Crony Capitalism (December 2, 2016)

“Some see danger in bigness. They fear the concentration of economic power that it brings with it. That is in a degree true. It simply means, however, that industrial management must expand its horizons of responsibility. It must recognize that it can no longer confine its activities to the mere production of goods and services. It must consider the impact of its operation on the economy as a whole in relation to the social and economic welfare of the entire community. For years I have preached this philosophy. Those charged with great industrial responsibility must become industrial statesmen.”

Alfred P. Sloan (1875–1966) American businessman

Source: "The Broadened Responsibilities of Industry's Executive," 1936, p. 358; Also in Sloan & Sparkes (1941, 145); Partly cited in: Roland Marchand (1997, p. 83)

“I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

Letter to John Taylor (26 November 1798), shortened in The Money Masters to "I wish it were possible to obtain a single amendment to our Constitution … taking from the federal government their power of borrowing".
Posthumous publications, On financial matters

“In the beginning, at least for academics, there was philosophy. All of learned inquiry occurred within the discipline of philosophy and was carried out by philosophers. We retain the vestiges of this organization in our practice of awarding a single advanced academic degree, the Ph. D. or Doctor of Philosophy.’ As our understanding of the world around us grew, however, various areas of philosophy became sufficiently well understood to graduate into their own disciplines. Mathematics and the physical and biological sciences were the first to appear, followed more recently by the social sciences. Emerging as its own discipline is only the first step toward becoming a mature field of study. Economics is unique among the social sciences for the number of remaining steps it has taken. Unlike many social sciences, economics has a well-defined core set of methods. The first year graduate program in economics is virtually indistinguishable across American universities, consisting of microeconomics, macroeconomics and econometrics. As a result, economics can be easily defined by its tools of inquiry as by the target of its inquiry.”

Larry Samuelson (1953) American economist

Larry Samuelson. "Bounded Rationality and Game Theory", The Quarterly Review of Economics and Finance, Vol. 36, Special Issue, 1996, pages 17-35.

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