http://www.economicpolicyjournal.com/2014/12/the-social-function-of-economic.html#more
The unhampered market creates economic inequality. Free marketeers tend
to concede this fact as an unfortunate defect in an otherwise laudable
system. F.A. Hayek, however, in a chapter from The Constitution of Liberty,
argued that inequality is fundamental to a society's progress. Hayek
explained how, by purchasing luxuries unimaginable to the average man,
the rich unwittingly perform a vital public service. Indeed so
fundamental is inequality to economic progress that egalitarian
societies, Hayek concluded, would be faced with no choice but to
deliberately re-inflict upon themselves the very class systems they had
sought to escape, should they wish to achieve well-directed economic
advancement.
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