The code of the Bourgeoisie ... is different from the Feudal code of the past, of the knightly classes, and of Chivalry; it is different from the Democratic code of the future of brotherhood and of equality; it is the code of the Commercial age and its distinctive watchword is property. The Respectability of today is the respectability of property. There is nothing so respectable as being well-off.
There exists no third principle for the organisation of the economics process which can be rationally chosen to achieve any desirable ends, in addition to either a functioning market in which nobody can conclusively determine how well-off particular groups or individuals will be, or a central direction where a group organised for power determines it.friedrich hayek
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