"...Who can seriously doubt that the power which a millionaire, who may be
my employer, has over me is very much less than that which the smallest
bureaucrat possesses who wields the coercive power of the state and on
whose
discretion it depends how I am allowed to live and work?" - 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
