"... In the hands of private individuals, what is called economic power can
be an instrument of coercion, but it is never control over the whole life
of
a person. But when economic power is centralized as an instrument of
political power it creates a degree of dependence scarcely distinguishable
from slavery. It has been well said that, in a country where the sole
employer is the state, opposition means death by slow starvation..." -
Road
to Serfdom; Hayek, Reader's Digest,April 1945 edition
http://onlinebooks.library.upenn.edu/webbin/book/search?title=The+Road+to+Serfdom&tmode=words
