Liberalism’s Last Man: Hayek in the Age of Political Capitalism.

Autor: DOBUZINSKIS, LAURENT
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Zdroj: Cosmos + Taxis; 2024, Vol. 12 Issue 9/10, p97-99, 3p
Abstrakt: In the book "Liberalism's Last Man: Hayek in the Age of Political Capitalism," Vikash Yadav provides a chapter-by-chapter analysis of Friedrich Hayek's "The Road to Serfdom." Yadav argues that Hayek's critique of central planning is still relevant today, particularly in the context of political capitalism exemplified by countries like China, Vietnam, and Singapore. While Hayek acknowledges the need for a minimum income and limited state interventions, he warns against the dangers of central planning, which undermines liberal principles and can lead to authoritarianism. Yadav explores the parallels between Hayek's ideas and the illiberal tendencies of political capitalism, but also raises questions about the causal relationship between central planning and authoritarianism. Overall, the book offers a nuanced and thought-provoking analysis of Hayek's ideas and their relevance in the modern world. [Extracted from the article]
Databáze: Complementary Index