In 1933 a group of sincere and ardent collectivists seized control of the Democratic Party, used it as a means of grasping Federal power, and enthusi… - Rose Wilder Lane

So far as is discernible to me, capitalism has no alter-ego, strictly speaking. In theory, capitalism is the economics of a society of free individuals. It rests upon the nature of man; this natural being, that each person is a source of human energy, a dynamo creating life energy, and self-controlling in action… I do not see how there can be an ‘alter-ego’ to this basic reality. One might as well say that there is an alter-ego to the fact that the earth is not flat.

I am not a prophet. But I do not believe that anything like a majority of Americans are looking for security; I do not believe that the groups of young radicals in the colleges and all over this country are in a ‘flight’ from socialization. I think they are furiously rebelling against it and determined to abolish it. I believe that their revolt is founded solidly on reality, as the similar socialist revolt of our youth was not; and I believe that they will succeed in overturning the status quo (as the socialist did) and end this century as Americans ended the 18th, in a great surge of liberalism, this time world-wide. I mean genuine liberalism. Since the socialists have stolen that good word, true liberals flounder all over the place, calling themselves ‘ libertarians’ and even ‘conservatives,’ but the accurate word, individualists, seems to be gaining ground lately.

Resisting step by step, I was finally compelled to admit to my Italian friends that I had seen the spirit of Italy revive under Mussolini. And it seemed to me that this revival was based on a separation of individual liberty from the industrial revolution whose cause and source is individual liberty. I said that in Italy, as in Russia, an essentially medieval, planned and controlled economic order was taking over the fruits of the industrial revolution while destroying its root, the freedom of the individual.