Capitalism demands the best of every man—his rationality—and rewards him
accordingly. It leaves every man free to choose the work he likes, to
specialize in it, to trade his product for the products of others, and to go as
far on the road of achievement as his ability and ambition will carry him. His
success depends on the objective value of his work and on the rationality of
those who recognize that value. When men are free to trade, with reason and
reality as their only arbiter, when no man may use physical force to extort the
consent of another, it is the best product and the best judgment that win in
every field of human endeavor, and raise the standard of living—and of
thought—ever higher for all those who take part in mankind’s productive
activity.