Friedrich Hayek's 'The Road to Serfdom' in 5 Minutes

Short series of cartoons and text summing up the message of Friedrich Hayek's classic book 'The Road to Serfdom' - that socialism and economic planning unwittingly yet inevitably lead to totalitarianism.

Category:

News & Politics

Tags:

• Hayek
• Friedrich
• Road
• to
• Serfdom
• cartoon
• classical
• liberalism
• capitalism
• thatcherism
• politics
• margaret
• thatcher
• conservative
• liberal
• tory
• libertarian
• socialism
• Britain
• America

[bobshenix]

The US does not have free market capitalism. Tell me, why do YOU think Goldman $achs was his bigge$t contributor?? People like you don't understand how truly damaging the bailout heist was to the nation.

"Capitalism is profit and loss... if you bail out the losers there's no end to the cost" (not my words). Do you think that the corporate cronies - who are well connected to big government - won't act differently if they know there's no risk? That the taxpayer can soften their fall regardless??

[gabebuchanan]

1. LargeCorp can't compete for customers, so lobbies the government to regulate it's industry

2. Federal regulations impose expensive rules LargeCorp lobbied for, planned for, and can afford. But some of LargeCorp's competitors can't.

3. With fewer competitors, LargeCorp grows into MegaCorp. It can now afford to buy out other competitors

4. The people get suspicious of MegaCorp's size and instustry consolidation. They demand more government regulation

5. Repeat steps 2, 3, and 4 indefinitely.

[MrDevong]

We are at number 9 now

[Cmu6eh]

Omg I love Tannhauser

[thejoolien]

Did you guys not learn anything from Hayek just now?

Capitalism = eventual tyranny.

Socialism = eventual tyranny.

(this is similar to the left/right paradigm we're all familiar with)

CENTRAL PLANNING IS NOT THE ANSWER!

Decentralized local governing and competing currency IS the answer. Learn Natural Law (or common law).

[Maidenfanatic]

@trolololoz 1. Hayek argued strongly against Laissez-faire. It is, in fact, the first thing he says in the Road to Serfdom.

2. Corporations controlling the government is a form of socialism. Libertarians argue that the government will always be corrupt, so let's give them as little power as possible. Corporations controlling congress is not the problem - the problem is that the congress has the power to make their every whim a reality.

[diogotomediogo]

Great upload! Those planners who intend only to serve the public interest end up creating a dictatorship and make people worst off.

[trolololoz]

@saulllish

You are truly stupid if you think usa is socialist, the congress is pretty much owned by corporations, corporations that will only get stronger if these Laissez-faire crap propagated by people like you get in power.

Laissez-faire would only work if you prevent corporations from controlling the government, but that would require regulation, and once that happens, it becomes interventionism.

[RolandeMusic]

Love It! Tea Party All Day 414 North Side Baby!!!

[saulllish]

Nowadays US is a SOCIALIST country(BAILOUTS, MONOPOLIES, SUBSIDIES,COORPORATISM) The problem with US is SOCIALISM Americans want and need more FREEDOM!