Now that the Democratic Party has “come out” as proudly Socialist, the American electorate has a clear choice: vote Trumpist Republican and be free and prosperous OR vote Big Brother Democrat and be collectivized and poor.

Nobody has ever explained why the free market is “just” AND creates wealth, better than the great economist Friedrich von Hayek. Here he is explaining why to William F. Buckley Jr. in 1977, supported in his argument by George Roche III, president of Hillsdale College.

Hayek explains that in order for a ruling power to make people economically equal, it would have to “treat people very unequally indeed”. (Some would have to work and be robbed of their wages,  while others would be able to sit back, do nothing, and receive the bounty of the stolen funds).

Buckley, who was actually strongly conservative, plays “devil’s advocate”, putting the (sentimental) case for Socialism to his two interlocutors.

We would have preferred Hayek to use the word “fair”, or “equitable”, rather than “just”, because justice can only apply to the individual. George Roche’s argument for freedom on moral grounds comes close to making this point, if not very clearly. We understand that Hayek had to say “just” because “Social Justice” is the subject and title of the discussion.