A “mixed economy” is a society in the process of committing suicide.
If a nation cannot survive half-slave, half-free, consider the condition of a
nation in which every social group becomes both the slave and the enslaver of
every other group. Ask yourself how long such a condition can last and what is
its inevitable outcome.
When government controls are introduced into a free economy, they create
economic dislocations, hardships, and problems which, if the controls are not
repealed, necessitate still further controls, which necessitate still further
controls, etc. Thus a chain reaction is set up: the victimized groups seek
redress by imposing controls on the profiteering groups, who retaliate in the
same manner, on an ever widening scale.