Thought for the day
- Saturday, December 12 2009 @ 08:27 AM CST
- Contributed by: filbert
- Views: 1,898
From The Road To Serfdom, by F. A. Hayek, 1944, Fiftieth Anniversary Edition, 1994, The University of Chicago Press.
Excerpted under Fair Use for purposes of non-commercial education, discussion and comment. Any transcription or typographical errors are mine.
The clash between (central) planning and democracy arises simply from the fact that (democracy) is an obstacle to the suppression of freedom which the direction of economic activity requires.. . . in so far as democracy ceases to be a guaranty of individual freedom, it may well persist in some form under a totalitarian regime. A true "dictatorship of the proletariat," even if democratic in form, if it undertook centrally to direct the economic system, would probably destroy personal freedom as completely as any autocracy has ever done.
Excerpted under Fair Use for purposes of non-commercial education, discussion and comment. Any transcription or typographical errors are mine.