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Quotation of the day on socialism in theory vs. practice….. – Publications – AEI

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AEI Quotation of the day on socialism in theory vs. practice….. …. is from F.A. Hayek (pictured above) writing in 1941 in Nature: In theory Socialism may wish to enhance freedom, but in practice every kind of collectivism consistently carried through must produce the characteristic features which Fascism, Nazism and Communism have in common. Totalitarianism is nothing but consistent collectivism… Quotation of the day on socialism in theory vs. practice….. Mark Perry

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Quotation of the day on socialism in theory vs. practice…..

Quotation of the day on socialism in theory vs. practice….. - Publications – AEI

…. is from F.A. Hayek (pictured above) writing in 1941 in Nature:

In theory Socialism may wish to enhance freedom, but in practice every kind of collectivism consistently carried through must produce the characteristic features which Fascism, Nazism and Communism have in common. Totalitarianism is nothing but consistent collectivism…

Quotation of the day on socialism in theory vs. practice…..
Mark Perry

Mark Perry
Mark J. Perry is concurrently a scholar at AEI and a professor of economics and finance at the University of Michigan’s Flint campus. He is best known as the creator and editor of the popular economics blog Carpe Diem. At AEI, Perry writes about economic and financial issues for American.com and the AEIdeas blog.

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