"Democracy extends the sphere of individual freedom; socialism restricts it. Democracy attaches a possible value to each man; socialism makes each man a mere agent, a mere number. Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude." – Alexis de Tocqueville
- p.29 The Road to Serfdomby F.A. Hayek
Democracy Versus Socialism
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