David Ogles, a self-confessed one-time “Paultard,” confesses himself startled to find the following passage in Austrian economist Friedrich Hayek’s book The Road To Serfdom, which-Ogle says-“essentially is to socialism what Noam Chomsky’s work is to capitalism” (for those of you who aren’t familiar with Chomsky, that translates to “highly critical”):
Nor is there any reason why the state should not assist the individuals in providing for those common hazards of life against which, because of their uncertainty, few individuals can make adequate provision. Where, as in the case of sickness and accident, neither the desire to avoid such calamities nor the efforts to overcome their consequences are as a rule weakened by the provision of assistance ““ where, in short, we deal with genuinely insurable risks ““ the case for the state’s helping to organize a comprehensive system of social insurance is very strong…
…Wherever communal action can mitigate disasters against which the individual can neither attempt to guard himself nor make the provision for the consequences, such communal action should undoubtedly be taken.
So, seriously people, enough with all of this “socialism” nonsense.