Road to Serfdom

This video is a review and analysis of the book by the Austrian economist, Fredrich August Hayek. The book sets up four "straw men," and Hayek then proceeds to beat up these four false assertions. "The Roard to Serfdom" has become a sort of bible among Libertarians and arch conservatives. One hears such folks reiterating Hayek's anti intellectual arguments as their only mantra. When this book is debunked there will be nothing left of Libertarian and neo fascist propaganda.

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[CandyFlipper1]

You got owned in the video response!

[radiohogan]

@CandyFlipper1

Good to hear.

[norseman7088]

I feel your straw man points, are not straw men at all. Hayek was opposing the rule not the exception. While it's nice to hear about a small group of "real" socialists hiding out in the Caucasus mountains. The Soviet Union and the National Socialists where the premiere examples of socialism in Hayek's time.

Anyhow, it's hard to have a real debate on youtube.

[radiohogan]

@norseman7088

Hayek had no knowledge of the history of socialism. I have watched him on YT.

As to the Nazi's being socialists, you are repeating pure unadulterated, heavy duty, industrial strength, no nonsense propaganda. You are either a G-man or an anti intellectual.

It was an Anarchist army in the Caucasus led by Nestor Makhno. There were Socialist Parties throughout Russia. All were mass murdered by Lenin's men, as were other communists (Mensheviks), Liberal Democrats, etc.

[zsylvana]

In a letter to the London Times Hayek, defended the junta, reporting that he had "not been able to find a single person even in much maligned Chile who did not agree that personal freedom was much greater under Pinochet than it had been under Allende." Of course, the thousands executed and tens of thousands tortured by Pinochet's regime weren't talking

[HoGraz]

Don't let the bastards get you down. It's easy to get tea-baggers on the internet to spread lies. We're moving into an age of internet terrorism.

[bapyou]

I'll tell you what socialism leads to: If you're a socialist nation, the CIA invades and overthrows the government installing a fascist dictatorship instead. It's happened many times. Many many times.

[HoGraz]

God, you're good.

[DaHonestAbe]

Hayek is an absolute fool. Fascism came out of a reaction to communism. And it was traditional conservatives (on the right) that coalesced with these men and brought them into power.

[zsylvana]

The Austrian's beliefs on the gold standard set up the argument that government is the cause of the business cycle.Should government do anything to ease the pain?Austrians say no.Firms must be allowed to go bankrupt,jobs must be eliminated,wages must fall.Only then can the economy start anew on a healthier course.Miseans do not consider Hayek a Austrian,and even refer to him privately as a "social democrat"!!Because he did not subscribe to all hard-core Austrianism

[radiohogan]

@0spiker

Dear Ospiker: While Irishmen and Arabs are great exaggerators, your following exageration is World Class: "Anywhere markets have been allowed to function, they've led to increasingly higher standards of living." At a minimum, the following book will cause you to qualify your statement: "Bad Samaritans" by Professor Ha-Joon Chang of Cambridge U. (the school Keynes' taught at). I did a series of videos about the book. All the Best / Mike

[0spiker]

@zsylvana

No Markets do not "worsen the misery of broad masses, by an absolute lowering of their standard of living" which is why you're careful not to give real historical examples. Anywhere markets have been allowed to function, they've led to increasingly higher standards of living. Even in Lenin's NEP Russia. Within 5 years

the "direct re-introduction of Capitalism", as Lenin referred to the NEP, brought the Russian economy from the brink of collapse to pre 1914 levels of production.

[epsilon8998]

Nice video. I did an analysis of Hayek's book for an essay in college and I came to many of the same conclusions you did.