Revisiting The Road to Serfdom | Part II : Hybridized Economies and Squabbling Planners

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 […]