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Friedrich A. Hayek

“The contention that we are constrained to preserve capitalism because of its superior capacity to utilise dispersed knowledge raises the question of how we came to acquire such an irreplaceable economic order – especially in view of my claim that powerful instinctual and rationalistic impulses rebel against the morals and institutions that capitalism requires.”

Friedrich A. Hayek, The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek Book 1)
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The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek Book 1) (Volume 1) The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek Book 1) by Friedrich A. Hayek
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