"It is too obvious, too easily demonstrable that fascism and communism are not two opposites, but two rival gangs fighting over the same territory - that both are variants of statism, based on the collectivist principle that man is the rightless slave of the state - that both are socialistic, in theory, in practice, and in the explicit statements of their leaders - that under both systems, the poor are enslaved and the rich are expropriated in favor of a ruling clique - that fascism is not the product of the political "right," but of the "left" - that the basic issue is not "rich versus poor," but man versus the state, or: individual rights versus totalitarian government - which means: capitalism versus socialism."
Leonard Peikoff

January 1, 1970

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Original Language: English