The Fatal Conceit: The Errors of Socialism - Friedrich A. Hayek Audiobook
Shared by:rmoor
Written by
Read by Everett Sherman
Format: M4B
Bitrate: 64 Kbps
Unabridged
Hayek gives the main arguments for the free-market case and presents his manifesto on the “errors of socialism.” Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were the direct outcome of these errors. He labels as the “fatal conceit” the idea that “man is able to shape the world around him according to his wishes.”
“The achievement of The Fatal Conceit is that it freshly shows why socialism must be refuted rather than merely dismissed—then refutes it again.”—David R. Henderson, Fortune.
“Fascinating. . . . The energy and precision with which Mr. Hayek sweeps away his opposition is impressive.”—Edward H. Crane, Wall Street Journal
F. A. Hayek is considered a pioneer in monetary theory, the preeminent proponent of the libertarian philosophy, and the ideological mentor of the Reagan and Thatcher “revolutions.”
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| Creation Date: | Sat, 11 Feb 2023 15:40:12 +0100 |
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This post has 6 comments with rating of 5/5
February 11th, 2023
Why is it that socialists want mass immigration, preferably of the non white variety into western capitalist nations, hate Christianity and wealthy people in general and the poor even more so ?
February 13th, 2023
I’ve learned about libertarian ideals, and there are good aspects of it that should be incorporated. Particularly relating to the overstepping of government in aspects of personal life and military.
However, where I believe libertarians are mistaken, is that unregulated markets can provide the solution to economic problems that we face. That if government got out of the way, none of these problems that we are dealing with would persist. Where I think the mistake is, is not looking into how these systems developed in the first place. Which ignores that a point in time, government did act like that. But that was not the end result.
Instead, monopolizing, or cartel like behavior became the norm (it is worse to compete and heavily reducing profits than either buy out your competitors, or come together and do the opposite of competition - behavior that is seen in many industries, e.g. OPEC).
There is a lot more to cover. What I would suggest is looking into neoliberalism (right wing economic policies) that have been the dominant economic practice throughout the world since the 1980s, and what has been the end result: https://politicalaudio.org/audio-books/the-rise-and-fall-of-the-neoliberal-order-america-and-the-world-in-the-free-market-er-gary-gerstle/
And further looking into the economic practice before the 1980s, the Keynesian policies (left wing economic policies that tackle inequality instead) and what that had produced: https://politicalaudio.org/audio-books/the-price-of-inequality-how-todays-divided-society-endangers-our-future-joseph-e-stiglitz-2/
February 17th, 2023
Good stuff, rmoor.
March 30th, 2023
Thanks for sharing
July 5th, 2023
Thank you sir
November 17th, 2023
Thank you.
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