The Democracy Of The Market Consists In

Without Calculation, Economic Activity Is Impossible. Since Under Socialism Economic Calculation Is Impossible, Under Socialism There Can Be No Economic Activity In Our Sense Of The Word All Economic Change, Therefore, Would Involve Operations The Value Of Which Could Neither Be Predicted Beforehand Nor Ascertained After They Had Taken Place. Everything Would Be A Leap In The Dark. Socialism Is The Renunciation Of Rational Economy.

People Do Not Cooperate Under The Division Of Labor Because They Love Or Should Love One Another. They Cooperate Because This Best Serves Their Own Interests. Neither Love Nor Charity Nor Any Other Sympathetic Sentiments But Rightly Understood Selfishness Is What Originally Impelled Man To Adjust Himself To The Requirements Of Society, To Respect The Rights And Freedoms Of His Fellow Men And To Substitute Peaceful Collaboration For Enmity And Conflict.

Every Innovation Makes Its Appearance As A 'luxury' Of The Few Well-to-do. After Industry Has Become Aware Of It, The Luxury Then Becomes A 'necessity' For All.

No People And No Part Of A People Shall Be Held Against Its Will In A Political Association That It Does Not Want.

What Workers Must Learn Is That The Only Reason Why Wage Rates Are Higher In The United States Is That The Per Head Quota Of Capital Invested Is Higher.