“It is now often said that democracy will not tolerate 'capitalism.' If 'capitalism' means here a competitive system based on free disposal over private property, it is far more important to realise that only within this system is democracy possible. When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself.”~ Friedrich Hayek from The Road to Serfdom, Ch. 5
Tuesday, 10 February 2026
Collectivism v Democracy
Subscribe to:
Post Comments (Atom)


No comments:
Post a Comment