Let anyone who believes that a high standard of living is the achievement of labor unions and government controls ask himself the following question: If one had a “time machine” and transported the united labor chieftains of America, plus three million government bureaucrats, back to the tenth century—would they be able to provide the medieval serf with electric light, refrigerators, automobiles, and television sets? When one grasps that they would not, one should identify who and what made these things possible.

- Nathaniel Branden. Capitalism: The Unknown Ideal (1966).