Quote by Friedrich August von Hayek

Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order.


Even the striving for equality by means of a directed econom

Summary

This quote suggests that attempts to achieve equality through a controlled economic system can unintentionally lead to an enforced inequality. It implies that such efforts might establish an authoritative system where those in power have the authority to determine the social status of individuals within a new hierarchy. In other words, even with good intentions, a top-down approach to equality can have unintended consequences and potentially create a new form of inequality.

Topics

Equality
By Friedrich August von Hayek
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