A mixed economy is a...

A mixed economy is a mixture of freedom and controls — with no principles, rules, or theories to define either. Since the introduction of controls necessitates and leads to further controls, it is an unstable, explosive mixture which, ultimately, has to repeal the controls or collapse into dictatorship. A mixed economy has no principles to define its policies, its goals, its laws — no principles to limit the power of its government. The only principle of a mixed economy — which, necessarily, has to remain unnamed and unacknowledged — is that no one’s interests are safe, everyone’s interests are on a public auction block, and anything goes for anyone who can get away with it. Such a system — or, more precisely, anti-system - breaks up a country into an ever-growing number of enemy camps, into economic groups fighting one another for self preservation in an indeterminate mixture of defense and offense, as the nature of such a jungle demands.
Ayn Rand

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Added on: December 30, 2009

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