Jamal Awil

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Only the decentralization of control through private property in the means of production can. [definitional]

  1. Individual freedom can be preserved only in a society in which an effective competitive market is the main agency for the direction of economic activity. Only the decentralization of control through private property in the means of production can prevent those concentrations of power which threaten individual freedom.
Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 130