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)
“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. “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
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Roy A. Childs, Jr. 18
American libertarian essayist and critic 1949–1992Related quotes
Source: The Managerial Revolution, 1941, p. 71–72; As cited in: Stijn Maria Verhagen (2005). Zorglogica’s uit balans. p. 300
Source: The Ideology of Fascism: The Rationale of Totalitarianism, (1969), p. 305
The Pension Fund Revolution (1976)
1960s - 1980s
" Web 2.0lier than thou http://www.roughtype.com/archives/2006/10/web_20ier_than.php," Rough Type, October 23, 2006.
Source: "Influence, Power, Religion, and the Mechanisms of Social Control," 1999, p. 161
"Fooling the People as a Fine Art", La Follette's Magazine (April 1918)
Security and Liberty, April 23, 2007 http://www.house.gov/paul/tst/tst2007/tst042307.htm
2000s, 2006-2009
Source: Business Leadership in the Large Corporation (1945), p. 24, footnote 20; as cited in: Marco Becht et al. Corporate Governance and Control, 2005. p. 61