Tuesday, February 05, 2013

F.A Hayek and Social Security

Yesterday I read F.A. Hayek’s chapter on Social Security in the book, “The Constitution of Liberty.”  In F.A. Hayek’s opinion, the only legitimate form of welfare benefit would be based exclusively on an objective form of minimal need just to live.  Of course, in practice, our welfare state has grown to a point in which, as FA Hayek pointed out, a majority votes itself benefits from the minority who have to pay for it.  As a result, welfare is not based upon supplying some objective minimal need, but rather, is based upon extracting as many benefits as possible.

I reject the welfare state entirely.  One should not be compelled to be made a slave to another person. 

18 comments:

  1. Excellent goods from you, man. I have be mindful your
    stuff prior to and you're simply extremely fantastic. I really like what you have got right here, really like what you're
    stating and the way in which you are saying it. You are making it enjoyable and you continue
    to take care of to keep it smart. I cant wait to read far more from you.

    That is really a wonderful web site.
    Stop by my homepage - garcinia cambogia extract benefits

    ReplyDelete
  2. Hi there! I know this is kinda off topic but I was wondering if you knew where I could locate a captcha plugin
    for my comment form? I'm using the same blog platform as yours and I'm
    having difficulty finding one? Thanks a lot!

    My web site direct payday loan lenders

    ReplyDelete
  3. I absolutely love your blog.. Very nice colors & theme.
    Did you create this web site yourself? Please reply back as
    I'm trying to create my very own blog and would love to learn where you got this from or what the theme is named. Thank you!

    Here is my homepage; homepage Here

    ReplyDelete
  4. This comment has been removed by a blog administrator.

    ReplyDelete
  5. This comment has been removed by a blog administrator.

    ReplyDelete
  6. This comment has been removed by a blog administrator.

    ReplyDelete
  7. This comment has been removed by a blog administrator.

    ReplyDelete
  8. This comment has been removed by a blog administrator.

    ReplyDelete
  9. This comment has been removed by a blog administrator.

    ReplyDelete
  10. This comment has been removed by a blog administrator.

    ReplyDelete
  11. This comment has been removed by a blog administrator.

    ReplyDelete
  12. This comment has been removed by a blog administrator.

    ReplyDelete
  13. This comment has been removed by a blog administrator.

    ReplyDelete
  14. This comment has been removed by a blog administrator.

    ReplyDelete
  15. This comment has been removed by a blog administrator.

    ReplyDelete
  16. This comment has been removed by a blog administrator.

    ReplyDelete
  17. This comment has been removed by a blog administrator.

    ReplyDelete
  18. my company wanted DA 71 several days ago and encountered an excellent service with lots of fillable forms . If people have been needing DA 71 too , here's a http://pdf.ac/1KFTu8.

    ReplyDelete

I welcome hearing your insightful comments related to my commentary.