"America made a god of unregulated anarchy in private enterprise. This, she falsely believed, was the only alternative to Socialism. Both in her success and in her failure, in her dizzy prosperity and in her cataclysmic depression, there is an instructive lesson. Throughout the boom she achieved, on a basis purely temporary, what organised planning and Corporate institutions can set on a permanent footing. The very energy of American libertarianism is the best argument for Fascist institutions."