Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known substitute for the market order could sustain the current population of the world.


The fatal conceit: the errors of socialism (ed. 1988)

Friedrich Hayek Quotes

Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known...

Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known...

Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known...

Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known...