"Men are not equal, they are unique. How can they be equal? All are not poets and all are not painters. Every person has unique talents to him. There are people who can create music and there are people who can create money. Man needs absolute freedom to be himself

"Socialism is dictatorship of the state; it is a forced economic structure. It tries to equalize people who are not equal; it cuts them in the same size, and they have different sizes. Naturally to few people, to very few people it will fit, but to the majority it will be a crippling phenomenon, paralyzing, destructive.

"I appreciate freedom in every sphere of life so that everybody is allowed to be himself The society is not the end but only a means; the end is the individual. Individual has a greater value than the social organization. The society exists for the individual, not vice versa. Hence I believe in laissez-faire.

"Capitalism is the most natural economic structure; it has not been forced, it has grown. It has not been imposed, it has come on its own. Certainly I would like poverty to be eradicated from the world – it is ugly – but socialism cannot do it. It has failed in Russia, in China; in every country it has failed to eradicate poverty. Yes, it has succeeded in one thing: it has made everybody equally poor; it has distributed poverty.

"And man is so foolish that if everybody else is also as much poor as you are you feel more at ease; you don't feel jealous. The whole idea of socialism has arisen out of jealousy. It has nothing to do with understanding man, his psychology, his growth, his ultimate flowering; it is rooted in jealousy. Few people become rich; those few people are targets of everybody else's jealousy – they have to be pulled down. Not that you will become richer by pulling them down; you may become even more poor than before because those few people know how to create money. If they are destroyed you will lose all capacity to create richness.

"That's what has happened in Russia: the rich people have disappeared, but that has not made the whole society rich; everybody has become equally poor."