"Socialism the worst of all enemies of freedom because, if it could fulfil what it promises, it would render such a service to the world that the interests of freedom would pale, and mankind would carry over its allegiance to the benefactor who had a higher claim on its gratitude. ... This century has seen the growth of the worst enemy freedom has ever had to encounter—Socialism. Strong, because it solves a problem [[Political economy|pol[itical] economy]] has, until now, failed to solve. How to provide that the increase of wealth shall not be at the expense of its distribution. ... Can only be realised by a tremendous despotism."
January 1, 1970