Ayn Rand on State Control and Poverty

„If you surrender everything to the government and give it total power to plan the whole economy, this will not guarantee your economic security, but it will guarantee the descent of the entire nation to a level of miserable poverty--as the practical results of every totalitarian economy, communist or fascist, have demonstrated.“

Ayn RandAyn Rand criticizes complete state control of the economy and warns of the consequences of totalitarian economic systems.
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Ayn Rand was a Russian-American philosopher and writer known for her philosophy of Objectivism.

In this quote, Ayn Rand criticizes complete state control of the economy and refers to historical experiences with totalitarian economic systems.


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Ayn Rand quote about state control, economic security, and poverty

Ayn Rand (1905–1982) was a Russian-born American novelist and philosopher best known for her novels "Atlas Shrugged" and "The Fountainhead." She developed the philosophy of Objectivism, which emphasizes reason, individualism, and capitalism as moral ideals.

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"It isn't possible to give government just a little control over the economy and our lives. Once we cede that power to government, it uses the power to take more from us. That's why every year the government controls more of our lives." Harry Browne
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"The power system continues only as long as individuals try to get something for nothing. The day when a majority of individuals declares or acts as if it wants nothing from the government, declares that it will look after its own welfare and interests, then on that day the power elites are doomed." Antony Cyril Sutton
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"The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline." Milton Friedman
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