Wednesday, February 10, 2010

Increasing Government Power Threatens Freedom

From John Stossel via RealClearPolitics:

"Government is taking us a long way down the Road to Serfdom. That doesn't just mean that more of us must work for the government. It means that we are changing from independent, self-responsible people into a submissive flock. The welfare state kills the creative spirit."

"F.A. Hayek, an Austrian economist living in Britain, wrote "The Road to Serfdom" in 1944 as a warning that central economic planning would extinguish freedom."

"Hayek meant that governments can't plan economies without planning people's lives. After all, an economy is just individuals engaging in exchanges. "

"At the beginning of "The Road to Serfdom," Hayek acknowledges that mere material wealth is not all that's at stake when the government controls our lives: "The most important change ... is a psychological change, an alteration in the character of the people."

"If we continue down the Road to Serfdom, our destination will be a poorer society, high unemployment, stagnation and complacency."

Read it all, Stossel gives some great examples to support this piece.

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