The View From 1776
Friday, January 25, 2008
A 1950 Perspective on American Socialism
Under the Truman adminstration, the path of socialism, established by the 1930s New Deal, was easier to discern, because it was still a fresh memory.
Today we have been living so long under a collectivized and grasping Federal government that we’ve lost awareness of how far we have travelled along Friedrich Hayek’s Road to Serfdom.
Most voters today were too young to experience the anxiety and hardship of the 1970s stagflation, let alone the Roosevelt administration’s Depression. Both were products of efforts by Federal bureaucracies to manage the economy and impose socialistic conceptions of social justice.
Read The March by Garet Garrett on the Mises.org website.