Contributed by: filbert Sunday, November 08 2009 @ 04:39 PM CST
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.