The intellectuals and socialism (Studies in social theory)

by Friedrich A. Hayek

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It's an interesting read. The fact that the short piece fails to support why "pure liberty" is superior to collective well-being protects it from a lot of the usual criticism. And it makes a fair point that the reason "socialism" is so dominant in the intellectual world is because it promotes the idea that people can fashion a utopia, whereas libertarianism is more focused on the past.

Unfortunately the paper loses its efficacy due to the fact it claims the facilitators of knowledge dispersement (intellectuals) are either peer pressured into socialism, or are idiots when it comes to Econ but brilliant in some non-related field. It makes sense this was the basis of the alt-right's vitriolic hatred of the liberal elite

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163+ Works 10,014 Members
F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. He taught at the University of London, the University of Chicago, and the University show more of Freiburg. show less

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Original publication date
1949

Classifications

Genres
Economics, Nonfiction, Politics and Government, General Nonfiction, Philosophy, Sociology, Religion & Spirituality
DDC/MDS
320Society, government, & culturePolitical scienceTypes of Government
LCC
HX528 .H38Social sciencesSocialism. Communism. AnarchismSocialism. Communism. AnarchismCommunism/socialism in relation to special
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Reviews
1
Rating
(3.89)
Languages
English, Polish
Media
Paper
ISBNs
6
ASINs
2