The choice at base, therefore, is whether the world shall go back to the principle of freedom (not necessarily the conditions) of pre-1914, which unhappily no one under forty years of age remembers, or on to closer confinement in captivity as the socialistic system develops.
It has in common with the classics all those qualities of clear thinking, objective presentation and lucid exposition which distinguish the wise ph
"The state as an abstract entity took on bodily form and was revealed, in the world wars of the 20th century, to be an all-devouring monster."
Our Enemy, the State should be in the hands, and in the minds, of the new and rising generation which is being so cleverly and so wickedly seduced by power-drunk State idolaters.
I will not contend that this scheme is free from all the defects inherent in government interference with economic affairs.
As a result of his misunderstanding of economic theory, the Pope failed to see the connection between every depression we have experienced in modern times and governments' intervening in the free market — the very system that, if left free of distributive-justice actions on the part of governments, would guarantee the attainment of the common good.
The incident points out another lesson in political science, namely, that the state never achieves complete ascendancy over society (if it did, society would disintegrate and the state would collapse from lack of nutrition), and that there are always critics and rebels.
Just as Keynesians and financial commentators bemoan the fact that people are reacting to the current downturn and stock market crash by saving instead of spending and investing, Law did all he could to keep investors from fleeing his crashing Mississippi Company shares and battered currency.
