“Our freedom of choice in a competitive society rests on the fact that, if one person refuses to satisfy our wishes, we can turn to another. But if we face a monopolist we are at his absolute mercy. And an authority directing the whole economic system of the country would be the most powerful monopolist conceivable…it would have complete power to decide what we are to be given and on what terms.”
– Friedrich Hayek, The Road to Serfdom (via philosophicalconservatism)
“I have come to feel strongly that the greatest service I can still render to my fellow men would be that I could make the speakers and writers among them thoroughly ashamed ever again to employ the term ‘social justice’.”
Now, please, tell me more about how "the knowledge problem means check your privilege."
that’s why such things should be rare and must be defined by a responsible, mature electorate.
"Freedom granted when it is known beforehand that its effects will be beneficial is not freedom."
"We must make the building of a free society once more an intellectual adventure, a deed of courage." -F.A. Hayek
The subtle change to the meaning of the word “freedom”… is important. To the great apostles of political freedom the word had meant freedom from coercion, freedom from the arbitrary power of other men, release from the ties which left the individual no choice but obedience to the orders of a superior to whom he was attached.
The new freedom promised, however, was to be freedom from neccessity, release from the compulstion of the circumstances which inevitable limit the range of choice for all of us. Before man could be truly free, the ‘despotism of physical want’ had to be broken, the ‘restraints of the economic system’ relaxed. Freedom in this sense is, of course, merely another word for power or wealth.”
– F. A. Hayek (The Road to Serfdom)
“I very seriously believe that capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind.”
– Friedrich A. Hayek (via iates)
“Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions and will receive praise or blame for them. Liberty and responsibility are inseparable.”
F.A. Hayek (via liberal-democrats-australia)
The quote Glenn must have come across to get him on the whole “Declaration of Responsibilites" thing.
“Perhaps the fact that we have seen millions voting themselves into complete dependence on a tyrant has made our generation understand that to choose one’s government is not necessarily to secure freedom.”
Friedrich A. Hayek (via basedgodtrilla)
Do not use the terms freedom and democracy interchangeably
"Individuals should be allowed.. to follow their own values and preferences rather than somebody else’s…"-F.A. Hayek
"This is the fundamental fact on which the whole philosophy of individualism is based. It does not assume, as is often asserted, that man is egoistic or selfish, or ought to be. It merely starts from the indisputable fact that the limits of our powers of imagination make it impossible to include in our scale of values more than a sector of the needs of the whole society, and that, since, strictly speaking, scales of value can exist only in individual minds, nothing but partial scales of values exist, scales which are inevitably different and often inconsistent with each other. From this the individualist concludes that the individuals should be allowed, within defined limits, to follow their own values and preferences rather than somebody else’s, that within these spheres the individual’s system of ends should be supreme and not subject to any dictation by others. It is this recognition of the individual as the ultimate judge of his ends, the belief that as far as possible his own views ought to govern his actions, that forms the essence of the individualist position.”
In all democratic countries, in the United States even more than elsewhere, a strong belief prevails that the influence of the intellectuals on politics is negligible. This is no doubt true of the power of intellectuals to make their peculiar opinions of the moment influence decisions, of the extent to which they can sway the popular vote on questions on which they differ from the current views of the masses. Yet over somewhat longer periods they have probably never exercised so great an influence as they do today in those countries. This power they wield by shaping public opinion.