Thursday, November 11, 2010

Fascism and Communism: Variants of Totalitarianism

"Fascism and communism are variants of the same totalitarianism, which central control of all economic activity tends to produce." So writes Frederich A. Hayek in his classic book The Road to Serfdom.

1 comment:

  1. Hayek is one of the more famous Austrian Economists. Whenever I quote Jim Puplava you are getting a quote from another follower of Austrian Economics. Would that the Austrian's were in control, the madness of the Keynesians would be replaced by the soundness of Austrians.

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