Category Archives: Friedrich Hayek

Friedrich Hayek – Results of collectivism carried through

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Friedrich HayekIn 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

Friedrich Hayek   (1899-1992)
Nature

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Friedrich Hayek – Bearing risks in individual freedom of choice

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Friedrich Hayek. . .if the individual is to be free to choose, it is inevitable that he should bear the risk attaching to that choice and that in consequence he rewarded, not according to the goodness or badness of his intentions, but solely on the basis of the value of the results to others. We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.

Friedrich Hayek   (1899-1992)
Individualism and Economic Order

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Friedrich Hayek – If everyone was truly equal

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Friedrich HayekHere I may perhaps mention that only because men are in fact unequal can we treat them equally. If all men were completely equal in their gifts and inclinations, we should have to treat them differently in order to achieve any sort of social organization. Fortunately, they are not equal; and it is only owing to this that the differentiation of functions need not be determined by the arbitrary decision of some organizing will but that, after creating formal equality of the rules applying in the same manner to all, we can leave each individual to find his own level.

Friedrich Hayek   (1899-1992)
Individualism and Economic Order

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