Indeed to my mind the great, decisive factor in the choice between socialism and capitalism is that the system of production by private enterprise in… - John T. Flynn
" "Indeed to my mind the great, decisive factor in the choice between socialism and capitalism is that the system of production by private enterprise in a severely restrained republican-government is the only one in which men can enjoy the inestimable blessing of freedom. Socialism is impossible under any condition, but if it can be made to work at all it must be under an all-powerful State with the vast powers necessary to enforce its decrees governing every sector of our lives.
About John T. Flynn
John Thomas Flynn (October 25, 1882 – April 13, 1964) was an American journalist known for his opposition to President Franklin D. Roosevelt and the United States' entry into World War II.
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Additional quotes by John T. Flynn
The enemy aggressor is always pursuing a course of larceny, murder, rapine, and barbarism. We are always moving forward with high mission, a destiny imposed by the Deity to regenerate our victims while incidentally capturing their markets, to civilize savage and senile and paranoidal peoples while blundering accidentally into their oil wells or metal mines.
Hitler liked to think that he was ‘making a front against the entire public opinion’ and that national socialism must never become the bailiff of public opinion, never its slave but its ruler. But actually Hitler was forever feeling around for the pulse of the great controlling minorities. He played with them all, coddled them all, promised all, and lied to everyone. He courted the old nationalist Hugenberg while he pampered the socialist Gregor Strasser. He cajoled his old comrade Feder, the enemy of the ‘bond slavery of interest,’ while he made terms with Schacht the banker. He made ambiguous promises to labor while he dealt with Thyssen for funds. He sent Goering to Rome to assure the Vatican that national socialism was rooted in Christianity while Rosenberg attacked religion and preached his weird forms of paganism. He played every card, worked every side of every street until he was able to put his finger on what may be called the great mass pulse and say: here lies power.
The German states held investments in numerous enterprises— railroads, power companies, municipal transport, mines, forests, and some industrial enterprises. This has led to the impression that the empire had diluted its capitalism with a good deal of socialism. The empire had but little of these enterprises. They were held by the several states. But even here it was not socialism but rather state capitalism, if such a term is permissible. The German states made a point of operating their enterprises for profit as a source of state revenue.