Action Based On Reason, Action Therefore Which

Everything Brought Forward In Favor Of Socialism During The Last Hundred Years, In Thousands Of Writings And Speeches, All The Blood Which Has Been Spilt By The Supporters Of Socialism, Cannot Make Socialism Workable.

Action Is An Attempt To Substitute A More Satisfactory State Of Affairs For A Less Satisfactory One. We Call Such A Willfully Induced Alteration An Exchange.

The Pseudo-liberals Monopolize The Teaching Jobs At Many Universities. Only Men Who Agree With Them Are Appointed As Teachers And Instructors Of The Social Sciences, And Only Textbooks Supporting Their Ideas Are Used.

Interventionism Cannot Be Considered As An Economic System Destined To Stay. It Is A Method For The Transformation Of Capitalism Into Socialism By A Series Of Successive Steps.

The Only Source Of The Generation Of Additional Capital Goods Is Saving. If All The Goods Produced Are Consumed, No New Capital Comes Into Being.