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From the fact that people are very different it follows that, if we treat them equally, the result must be inequality in their actual position, and that the only way to place them in an equal position would be to treat them differently. Equality before the law and material equality are therefore not only different but are in conflict with each other; and we can achieve either one or the other, but not both at the same time

-- F.A. Hayak

Thursday, April 14, 2011

You Have 2 Cows

If the government agent takes one and gives it to your neighbor, that is Socialism.
If the government agent takes both, and promises to give you milk, that is Communism.
If the government agent takes both, gives them to a favored Corporation which may sell you milk, that is Fascism.
If the government agent shoots you and takes the cows, that is Nazism.
If you shoot the government agent and steal another cow, that is Anarchism.
If you sell one cow, and buy a bull, that is Capitalism.

Posted by Michael Peterson at Thursday, April 14, 2011