Monday, June 28, 2010

Hayek on Democratic Socialism

"It is now even widely recognized that democratic socialism is a very precarious and unstable affair, ridden with internal contradictions and everywhere producing results most distasteful to many of its advoates."
                                                                                                                                       --Friedrich A. Hayek
                                                                                                                                       Road to Serfdom, p. viii

Posted via email from Jim's Theory Blog Posts

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