The Case for Capitalism

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" I hope that as far as I am concerned there is no truth in this charge. Having had the honour of being, for a short time, a Government official, I can testify from personal knowledge to the RISKS OF STATE SOCIALISM 151 great store of ability that is to be found in our Government offices — this goes without saying, oceing that the intellectual flower of our Uni- versity youths used to go year by year into the Civil Service — and also to the devotion with which, at least during the war, they ove...rworked themselves into pulp. In the matter of ability and hard work our officials are unsurpassed if not unrivalled. And yet, owing to some fault in the system, even before the war, the net result of their efforts was the subject of much criticism. And it is putting it mildly to say that the experience of Government manage- ment and control during the war does not at all encourage one to expect that any Government which it would now be possible to call into existence could deal with the tremendous task of organizing the nation's economic activities with any approach to success.

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