The Incompatibility of Totalitarianism And Religion Religion claims to provide a point of reference by which the individual can anchor his attitude towards external circumstances. Belief in such a point of reference supplies him with the confidence necessary to execute judgement and make decisions in the world. This appears to explain, at least partly, why […]
Are freedom and organization compatible principles? In other words, can competitive capitalism and centralized planning prosper simultaneously? These questions present, in a nutshell, the overarching theme of the third chapter of The Road to Serdom (1) titled “individualism and collectivism.” Hayek begins by informing the reader that there are many socialists who are all but […]
Part II : https://onlookers.news/2021/01/25/revisiting-the-road-to-serfdom-part-ii-hybridized-economies-and-squabbling-planners/ Originally published in 1944, Friedrich Hayek’s The Road to Serfdom is a grave and persuasive warning against the practice of interventionism and – of a more onerous nature – command economies. Hayek felt urged to express his doubts and criticisms of governments who take these routes, claiming particularly, that they would […]
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