" ... [in] Professor Hayek’s thesis there is a great deal of truth. It cannot be said too often—at any rate, it is not being said nearly often enough—that collectivism is not inherently democratic..."
I’d read quote from this review but never the whole thing. It’s really striking how naive Orwell was about economics. He seems to accept the notion that capitalism inevitably becomes monopolistic and that socialism creates stability. It seems not to have occurred to him that even if it does it may be the stability of stagnation.
I’d read quote from this review but never the whole thing. It’s really striking how naive Orwell was about economics. He seems to accept the notion that capitalism inevitably becomes monopolistic and that socialism creates stability. It seems not to have occurred to him that even if it does it may be the stability of stagnation.
Agreed. So brilliant in some ways, hopelessly naive in other ways.
My icons DO have their flaws. I revere them nonetheless.
Naive or Trotskyist.
A very valuable article to have unearthed Jon.