Sachin on Nostr: Almost every page in Hayek's 'Road to Serfdom' has something worth sharing. But ...
Almost every page in Hayek's 'Road to Serfdom' has something worth sharing. But here's one I really liked:
'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 realize that only within this system is democracy possible. When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself.'
'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 realize that only within this system is democracy possible. When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself.'