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| '''Economic totalitarianism''' is a term used by ] in '']''. | '''Economic totalitarianism''' is a term used by ] in '']''. | ||
Revision as of 18:22, 20 July 2006
Economic totalitarianism is a term used by Milton Friedman in Capitalism and Freedom.
- "History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. Fascist Italy and Fascist Spain, Germany at various times in the last seventy years, Japan before World Wars I and II, tzarist Russia in the decades before World War I -- are all societies that cannot conceivably be described as politically free. Yet, in each, private enterprise was the dominant form of economic organization. It is therefore clearly possible to have economic arrangements that are fundamentally capitalist and political arrangements that are not free.
- "Even in those societies, the citizenry had a good deal more freedom than citizens of a modern totalitarian state like Russia or Nazi Germany, in which economic totalitarianism is combined with political totalitarianism. Even in Russia under the Tzars, it was possible for some citizens, under some circumstances, to change their jobs without getting permission from political authority because capitalism and the existence of private property provided some check to the centralized power of the state." -Friedman, 1962
References
- Capitalism and Freedom p10ff, Milton Friedman (Phoenix Press, 1962)
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