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There is a well-known prediction by Hayek, in _The Road To
Serfdom_, that a collectivist state would be ruled by the worst. I
wonder if Boulding's "reply" to Hayek is known equally well. The
economist who foresaw the breakdown of the Soviet Union wrote of
the dangers of transitional periods (like the one currently experienced
by Russia):
"The loss of an old legitimacy, however, is often a very dangerous
time. There is an enormous demand for legitimacy and worse ones can
easily arise to take the place of those that have collapsed."
(_Ecodynamics_, 1978, Sage Publications, p. 207.)
Yuri Tulupenko
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