Thursday, March 24, 2011

A Republic if you can keep it

'There is really no essential difference between the unlimited
power of the democratic state and the unlimited power of the
autocrat. The idea that carries away our demagogues and their
supporters, the idea that the state can do whatever it wishes,
and that nothing should resist the will of the sovereign people,
has done more evil perhaps than the caesar-mania of degenerate
princelings.'


Ludwig von Mises 
Socialism, pp. 64–65

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