Quote of the Day : 'The road to serfdom – Cartoon 3' by Friedrich Hayek

The “planners” promise Utopias.…

A rosy plan for the farmers goes well in rural areas, a plan for industrial workers is popular in the cities --- and so on. 

Many new “planners” are elected to office.

< The road to serfdom – Cartoon 3 >

The road to serfdom - Cartoon 3" illustrates groups of planners presenting attractive plans for various segments of society, which ultimately results in the election of new leaders who advocate for centralized planning.

Friedrich Hayek was a renowned Austrian-British economist and philosopher, known for his work on classical liberalism and free-market capitalism. He is  where he warned against the dangers of central planning and totalitarianism, arguing for the importance of individual freedom and limited government intervention in economic affairs.

Additional resources:

The road to serfdom – Cartoon (Full Version)

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#The road to serfdom #Friedrich Hayek #free-market capitalism #central planning #totalitarianism #individual freedom #limited government intervention