“Since only actions aimed at perceived benefit to others were, to Aristotle's mind, morally approved, actions solely for personal gain must be bad. That commercial considerations may not have affected the daily activities of most people does not mean however that over any prolonged period their very lives did not depend on the functioning of a trade that enabled them to buy essentials. That production for gain which Aristotle denounced as unnatural had -- long before his time -- already become the foundation of an extended order far transcending the known needs of other persons.”

— Friedrich Hayek

Source: 1980s and later, The Fatal Conceit: The Errors of Socialism (1988), p. 46

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Friedrich Hayek 79

Austrian and British economist and Nobel Prize for Economic… 1899–1992

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