Friedrich Hayek Portrait

"The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization."

— Friedrich Hayek

The Argument For Liberty Is Not

The argument for liberty is not an argument against organization, which is one of the most powerful tools human reason can employ, but an argument against all exclusive, privileged, monopolistic organization.

— Friedrich Hayek

About this quote

From The Road to Serfdom (1944), Chapter 3, "Individualism and Collectivism." Hayek was defending the market order against the charge that it is inherently disorganized or chaotic. His point was that markets are themselves a form of spontaneous organization — one that emerges from individual decisions and price signals — and that the objection to central planning is not to organization per se but to monopolistic, coercive organization that eliminates alternatives.

Source

The Road to Serfdom, Chapter 3 (1944)