We Must Face The Fact

Liberty And Responsibility Are Inseparable.

There Is Perhaps No Single Factor Contributing So Much To People's Frequent Reluctance To Let The Market Work As Their Inability To Conceive How Some Necessary Balance, Between Demand And Supply, Between Exports And Imports, Or The Like, Will Be Brought About Without Deliberate Control. The Conservative Feels Safe And Content Only If He Is Assured That Some Higher Wisdom Watches And Supervises Change, Only If He Knows That Some Authority Is Charged With Keeping The Change "orderly.

Capitalism Is Not Only A Better Form Of Organizing Human Activity Than Any Deliberate Design, Any Attempt To Organize It To Satisfy Particular Preferences, To Aim At What People Regard As Beautiful Or Pleasant Order, But It Is Also The Indispensable Condition For Just Keeping That Population Alive Which Exists Already In The World. I Regard The Preservation Of What Is Known As The Capitalist System, Of The System Of Free Markets And The Private Ownership Of The Means Of Production, As An Essential Condition Of The Very Survival Of Mankind.

The Word "truth" Itself Ceases To Have Its Old Meaning. It Describes No Longer Something To Be Found, With The Individual Conscience As The Sole Arbiter Of Whether In Any Particular Instance The Evidence (or The Standing Of Those Proclaiming It) Warrants A Belief; It Becomes Something To Be Laid Down By Authority, Something Which Has To Believed In The Interest Of Unity Of The Organized Effort And Which May Have To Be Altered As The Exigencies Of This Organized Effort Require It.

We Certainly Do Not Regard It As Right That The Citizens Of A Large Country Should Dominate Those Of A Small Adjoining Country Merely Because They Are More Numerous.