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The Road to Serfdom

by Friedrich A. Hayek

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Jun 22, 2012 11:11PM

“Democracy extends the sphere of individual freedom, socialism restricts it. Democracy attaches all possible value to each man; socialism makes each man a mere agent, a mere number. Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.”
― Alexis de Tocqueville

tags: theroadtoserfdom

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