.. interventionism cannot work as a permanent system of society’s economic organization.
The various measures recommended must necessarily bring about results which—from the point of view of their own advocates and the governments resorting to them—are more unsatisfactory than the previous state of affairs which they were designed to alter.
If the government neither acquiesces in this outcome nor derives from it the conclusion that it is advisable to abstain from all such measures, it is forced to supplement its first steps by more and more interference until it has abolished private control of the means of production entirely and thus established socialism.
The conduct of economic affairs, i.e., the determination of the purposes for which the factors of production should be employed, can ultimately be directed either by buying and abstention from buying on the part of consumers, or by government decrees.
There is no middle way. Control is indivisible.
Quarta-feira, Setembro 28, 2011
Control breeds controls
Mises, Economic Freedom and Interventionism, ch. 10.