Hayek on Socialism
Uploaded by Malthus0 on Aug 21, 2009
Friedrich Hayek talks about socialism.
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Socialism tries to plan out everything and it hurts the free market. We can see how this has played out especially in the last four years in the USA.
Glenn Beck Presents F A Hayek’s “The Road to Serfdom” Part 1
Uploaded by johnbrush on Jun 13, 2010
This video via user TheConservatube; thank you!
What F.A. Hayek saw, and what most all his contemporaries missed, was that every step away from the free market and toward government planning represented a compromise of human freedom generally and a step toward a form of dictatorship–and this is true in all times and places. He demonstrated this against every claim that government control was really only a means of increasing social well-being. Hayek said that government planning would make society less liveable, more brutal, more despotic. Socialism in all its forms is contrary to freedom.
Nazism, he wrote, is not different in kind from Communism. Further, he showed that the very forms of government that England and America were supposedly fighting abroad were being enacted at home, if under a different guise. Further steps down this road, he said, can only end in the abolition of effective liberty for everyone.
Capitalism, he wrote, is the only system of economics compatible with human dignity, prosperity, and liberty. To the extent we move away from that system, we empower the worst people in society to manage what they do not understand.
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