Welcome to Medary.com Thursday, November 21 2024 @ 10:45 PM CST

Thought for the day

  • Contributed by:
  • Views: 1,407
From The Road To Serfdom, by F. A. Hayek, 1944, Fiftieth Anniversary Edition, 1994, The University of Chicago Press.

Few are ready to recognize that the rise of fascism and naziism was not a reaction against socialist trends of the preceding period but a necessary outcome of those tendencies.

Excerpted under Fair Use for purposes of non-commercial education, discussion and comment. Any transcription or typographical errors are mine.