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From:
[log in to unmask] (Yuri Tulupenko)
Date:
Fri Mar 31 17:19:09 2006
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----------------- HES POSTING ----------------- 
 
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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