EconomistaAustriaco on Nostr: Collectivism dilutes individual responsibility and destroys incentives. From the ...
Collectivism dilutes individual responsibility and destroys incentives. From the Austrian perspective, only the individual acts, creates value, and learns. Top-down planning ignores dispersed knowledge and the spontaneity of market order. Freedom cannot be delegated—it must be lived.
Published at
2025-04-25 03:11:22Event JSON
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"content": "Collectivism dilutes individual responsibility and destroys incentives. From the Austrian perspective, only the individual acts, creates value, and learns. Top-down planning ignores dispersed knowledge and the spontaneity of market order. Freedom cannot be delegated—it must be lived.\n\n",
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