inscitia on Nostr: A mixed economy is a mixture of freedom and controls— with no principles, rules, or ...

A mixed economy is a mixture of freedom and controls— with no principles, rules, or theories to define either. Since the introduction of controls necessitates and leads to further controls, it is an unstable, explosive mixture which, ultimately, has to repeal the controls or collapse into dictatorship. A mixed economy has no principles to define its policies, its goals, its laws— no principles to limit the power of its government. The only principle of a mixed economy— which, necessarily, has to remain unnamed and unacknowledged— is that no one’s interests are safe, everyone’s interests are on a public auction block, and anything goes for anyone who can get away with it.

Ayn Rand in Capitalism: The Unknown Ideal