Tuesday, August 09, 2016

When People Fear Government,
Tyranny Is Not Far Away
"Capitalism and free markets are not fair (in fact, capitalism is a cruel system in numerous ways), but it is a far fairer system (not crony capitalism) than all the other forms of organizing economic and social life, and in particular vastly superior to socialism, communism, and the arbitrary command economy. Western democracies had (like socialism and communism) the noble idea of creating a fair society, but it is now ending up with system that is characterized by far more injustices and abuses by bureaucrats, powerful corporations and government officials."
- Dr. Marc Faber*
link here to the reference

1 comment:

romeman said...

Another unsourced, probably bogus quote. "We have not found any evidence that Thomas Jefferson said or wrote, 'When government fears the people, there is liberty. When the people fear the government, there is tyranny,' nor any evidence that he wrote its listed variations."
https://www.monticello.org/site/jefferson/when-government-fears-people-there-libertyquotation