Are We on the “Road to Serfdom”?
July 13th, 2011Is America on the “Road to Serfdom”? According to Rep. Ron Paul (R-Texas) and John Stossel, we might be. Taken from Nobel prize winner F.A. Hayek’s “The Road to Serfdom”, it depicts how a socialist government would be similar to the feudalist society of serfdom, where peasents worked the land of their aristocratic rulers, only to have to give much of their earnings to the landlords in exchange for peace and security. The only change is that the aristocrats have been replaced by government, and we are now the serfs, except we pay more.
Here is a clip from Thursday night’s Stossel, where Rep. Paul is interviewed by Mr. Stossel on that very question, and why it is a fallacy to think that a country as rich as ours can or should have a government that takes care of everybody’s needs.