“If all human beings in a population either are declared equal in their native strengths and rights, or else are persuaded to believe this, then the eventual realization of the hard truth of the matter that no amount of redistribution of wealth and status can ever obliterate inequality in one form or another must often take the form of covetousness mixed with resentment: that is, envy. ....The only remedy for the poisons created by egalitarianism in a society is emphatically not ever-greater dosages of political redistribution of wealth and status, for such dosages worsen the disease, producing fevers of avarice and envy. No, the sole remedy for this pathology is the introduction and diffusion of individual liberty as a sovereign value. Respect for individual liberty makes it possible for human beings to live in and be aware of differentiation a condition that, in biology, is recognized for what it is, the basis of progressive evolution, but which, in its social manifestation, receives no such recognition because of both the inequality intrinsic to all social differentiation and the ideology of equality that has spread so widely and so devastatingly in the twentieth century.”

“These people look upon inequality as upon an evil. They do not assert that a definitedegree of inequality which can be exactly determined by a judgment free of anyarbitrariness and personal evaluation is good and has to be preserved unconditionally.They, on the contrary, declare inequality in itself as bad and merely contend that alower degree of it is a lesser evil than a higher degree in the same sense in which asmaller quantity of poison in a man’s body is a lesser evil than a larger dose. But ifthis is so, then there is logically in their doctrine no point at which the endeavorstoward equalization would have to stop. Whether one has already reached a degree ofinequality which is to be considered low enough and beyond which it is not necessaryto embark upon further measures toward equalization is just a matter of personaljudgments of value, quite arbitrary, different with different people and changing in thepassing of time. As these champions of equalization appraise confiscation and“redistribution” as a policy harming only a minority, viz., those whom they considerto be “too” rich, and benefiting the rest—the majority—of the people, they cannotoppose any tenable argument to those who are asking for more of this allegedlybeneficial policy. As long as any degree of inequality is left, there will always bepeople whom envy impels to press for a continuation of the equalization policy.Nothing can be advanced against their inference: If inequality of wealth and incomesis an evil, there is no reason to acquiesce in any degree of it, however low;equalization must not stop before it has completely leveled all individuals’ wealth andincomes.”

“Equality, as understood by the American Founders, is the natural right of every individual to live freely under self-government, to acquire and retain the property he creates through his own labor, and to be treated impartially before a just law. Moreover, equality should not be confused with perfection, for man is also imperfect, making his application of equality, even in the most just society, imperfect. Otherwise, inequality is the natural state of man in the sense that each individual is born unique in all his human characteristics. Therefore, equality and inequality, properly comprehended, are both engines of liberty.”

“Most of us waste this extraordinary thing called life. We have lived forty or sixty years, have gone to the office, engaged ourselves in social activity, escaping in various forms, and at the end of it, we have nothing but an empty, dull, stupid life, a wasted life.Now, pleasure has created this pattern of social life. We take pleasure in ambition, in competition, in acquiring knowledge or power, or position, prestige, status. And that pursuit of pleasure as ambition, competition, greed, envy, status, domination, power is respectable. It is made respectable by a society which has only one concept: that you shall lead a moral life, which is a respectable life. You can be ambitious, you can be greedy, you can be violent, you can be competitive, you can be a ruthless human being, but society accepts it, because at the end of your ambition, you are either so called successful man with plenty of money, or a failure and therefore a frustrated human being. So social morality is immorality.”

“It is eminently possible to have a market-based economy that requires no such brutality and demands no such ideological purity. A free market in consumer products can coexist with free public health care, with public schools, with a large segment of the economy -- like a national oil company -- held in state hands. It's equally possible to require corporations to pay decent wages, to respect the right of workers to form unions, and for governments to tax and redistribute wealth so that the sharp inequalities that mark the corporatist state are reduced. Markets need not be fundamentalist.”

“Democracy extends the sphere of individual freedom, socialism restricts it. Democracy attaches all possible value to each man; socialism makes each man a mere agent, a mere number. Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.”