Quotation of the Day…

by Don Boudreaux on April 27, 2021

in Man of System

is from page 105 of the original 1951 University of Chicago Press edition of Michael Polanyi’s The Logic of Liberty:

Marxism offered them also a future, bearing unbounded promise to humanity. It predicted that historic necessity would destroy an antiquated form of society and replace it by a new one, in which the existing miseries and injustices would be eliminated. Though this prospect was put forward as a purely scientific observation, it endowed those who accepted it with a feeling of overwhelming moral superiority. They acquired a sense of righteousness, which in a paradoxical manner was fiercely intensified by the mechanical framework in which it was set.


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