The Road to Serfdom part 2

The Road to Serfdom by F. A. Hayek. Hayek compares socialism in Britain with socialism in Nazi Germany and concludes that socialism is bad and freedom from government planning is good. My reaction to that is a necessary balance must be struck between capitalism and socialism. What good is freedom from all government regulation as the advocates of free market capitalism propose when as an individual I am ill and starving to death in the street without shelter? To enjoy “freedom,” I require a certain level of comfort and ease that only government regulation may provide. I cannot enjoy freedom without health, a certain level of wealth, and some happiness.

Please see The Road to Serfdom

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