It is a mixed economy—such as the semi-socialist or semi-fascist variety we have today—that protects the non-productive rich by freezing a society on a given level of development, by freezing people into classes and castes and making it increasingly more difficult for men to rise or fall or move from one caste to another; so that whoever inherited a fortune before the freeze can keep it with little fear of competition, like an heir in a feudal society.

- Nathaniel Branden. Capitalism: The Unknown Ideal (1966).


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12/1/2024, 5:00:10 PM  -  a month ago.

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