No welfare state

The same freedom which develops the forces of all those involved in economic life has to apply to the social sector. Economic policy and social policy ought to be partners. Individual initiative is of the utmost importance. If the state provides financial security for people in every condition of life from the cradle to the grave, it is not difficult to imagine what will become of them. We would have a society of lethargic, spoiled individuals who give work a very wide berth whenever possible. The welfare state is very bad for the common good. If it ever became a reality, no one would be responsible for himself any longer; every individual would live at the expense of everyone else. The reverse also applies. It is only when there is good economic policy that people are in a position to make provision for their own financial security. It is only as the national product grows that effective social help is affordable. However, what many critics forget is that the state can only spend the money that they have squeezed out of citizens in the form of taxes. But such a course of action in times of stagnation is well-nigh offensive and even in times of upswing it is dubious, at the very least.
An overly strong link between social welfare and state help makes social vassals out of citizens and these vassals, instead of making provision for their own security, beg the state to step in with an open hand at every possible opportunity.