"Socialism, wherever it actually had the means to plan a society, to pursue efficaciously its vision of the abolition of private property, economic inequality, and the allocation of capital and goods by free markets, culminated in the crushing of individual, economic, religious, associational, and political liberty. Its collectivization of agriculture alone led to untold suffering, scarcity, and contempt for property as the fruit of labor... The cognitive behavior of Western intellectuals faced with the accomplishments of their own society, on the one hand, and with the socialist ideal and then the socialist reality, on the other, takes one's breath away...[R]egimes of central planning create poverty and occasion ineluctable developments toward totalitarianism and the worst abuses of power. Dynamic free-market societies, grounded in rights-based individualism, have altered the entire human conception of liberty and of dignity for formerly marginalized groups. The entire "socialist experiment," by contrast, ended in stasis; ethnic hatreds; the absence of even the minimal preconditions of economic, social, and political renewal; and categorical contempt for both individuation and minority rights. Our children do not know this true comparison."
January 1, 1970
https://en.wikiquote.org/wiki/Socialism