“[Classical] liberalism is not a simple political choice. It is a way of life. Businesses are the lifeblood of a [classical] liberal economy, but they are much more than that. They also
produce the antibodies that help entrepreneurs ward off socialism and other forms of
political predation. CEOs who abandon that role — by, for example, promoting their environmental awareness rather than their role in providing jobs and the goods and services that people want and need — have fallen into a trap where their actual economic function is
seen as secondary to whatever external costs they admit to imposing on the commons.”
- Iain Murray, on ‘The UK’s Return to Socialism,’ THE FREEMAN
Monday 4 May 2015
Quote of the day: On producing the antibodies that ward off socialism
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