Sunday, January 29, 2012

F.A. Hayek On "The Great Utopia"

Hayek: There can be no doubt that most of those in the democracies who demand a central direction of all economic activity still believe that socialism and individual freedom can be combined. Yet socialism was early recognized by many thinkers as the gravest threat to freedom.
ZERO HEDGE, 1/28/2012 by Tyler Durden (Germany) - Durden offers the text of F. A. Hayek's chapter, "The Great Utopia," from Hayek's renowned book, The Road to Surfdom. This chapter is definitely worth reading, or rereading, as the case may be.

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