Whether such a system social security is a good or a bad policy is essentially a political problem. Once may try to justify it by declaring that the wage earners lace the insight and the moral strength to provide spontaneously for their own future. But then it is not easy to silence the voices of those who ask whether it is not paradoxical to entrust the nation’s welfare eto the decision of voters whom the law itself considers incapable of managing their own affairs; whether it is not absurd to make those people supreme in the conduct of government who are manifestly in need of a guardian to prevent them from spending their own income foolishly. It is reasonable to assign to wards the right to elect their guardians? Mises, Human Action, p. 613.