TuesdayJan 21, 2025
Quotes: 53419 Authors: 9969
Market competition is the only form of organization which can afford a large measure of freedom to the individual.
Large scale collective bargaining ... is merely a seductive name for bilateral monopoly, and means either adjudication of conflicts in terms of power, or deadlock and stoppage, usually injuring outside people more than the immediate parties to the dispute.
If all properly economic problems were solved once for all ... the social struggle and strife would ... [not necessarily] be reduced in amount or intensity ... in the absence of some moral revolution which could by no means be assumed to follow in consequence of this change itself.
The truth seems ... to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.
Conflicting economic interest is relatively unimportant as a cause of war.
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