Conservatism leads nowhere; it satisfies no ideal.
Interpretation
Conservatism lacks direction and fails to aspire to higher ideals.
In this quote, John Maynard Keynes critiques conservatism as a political and ideological stance that does not drive progress or improvement. He suggests that rather than adhering to outdated principles, societies should strive for ideals that promote advancement and positive change, as conservatism merely maintains the status quo without fulfilling any greater purpose.
In practice
In a debate about political ideologies, one might use this quote to argue for the need for progressive policies.
As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.
We will not have any more crashes in our time.
This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 [Hayek provided historical background up to page 45; after that came his theoretical model], and yet it remains a book of some interest, which is likely to leave its mark on the mind of the reader. It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in bedlam.
The good society is marked by a high degree of order, justice, and freedom. Among these, order has primacy: for justice cannot be enforced until a tolerable civil social order is attained, nor can freedom be anything better than violence until order gives us laws.
People must be free to work, to save, to own their own home, to take risks, to invest in each other and, in essence, to control their own lives.
I am but a stranger ... as we all are. Lonely inside our separate skins, we cannot know each others pain and must bear our own in solitude. For my part, I have found that walking soothes it; and that, given luck, sometimes we find one to walk besides us ... at least for a little way.
You're a slave, a bound helpless slave to one thing in the world, your imagination.
I can't gather around and talk about how much everybody in the room doesn't believe in God. I just don't - I don't have the energy for that, and so I... Agnostic separates me from the conduct of atheists whether or not there is strong overlap between the two categories, and at the end of the day I'd rather not be any category at all.
Do the gods of different nations talk to each other?...Is there some annual get-together where they compare each other's worshippers? Mine will bow their faces to the floor and trace woodgrain lines for me, says one. Mine will sacrifice animals, says another. Mine will kill anyone who insults me, says a third. Here is the question I think of most often: "Are there any who can honestly boast, My worshippers obey my good laws, and treat each other kindly, and live simple generous lives?
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