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."
©1988 F.A. Hayak (P)2012 Audible, Inc.
Those who seek big government socialism are fooling themselves and those who they wish to take with them to these ends, It doesn't work, can't work and still here we go in an attempt to get there!
How straight forward the truth is and how solid the facts are that socialism fails and why our current President's agenda is so devoid of legitimacy.
My reaction was one of frustration over why our country's voters can't understand that our President's agenda to force us into socialism is so wrong and yet over half voted for more of the same...
Reason isn't king
The idea that humans are so adaptable and ingenious that they have developed a way to organize themselves and cooperate to improve their condition that is beyond the bounds of reason alone. It is a subtle idea, that we can actually use our reason cooperatively, and not know how things come to be in an advanced order. For instance, listening to this audiobook on an iPhone. No one person has the knowledge to do this all by himself. It takes thousands of people co-operating in their little spheres of knowledge to make the whole.
I think this is the case against rationalism, meaning that our reason and rationality guide every single that we do. We can only know so much, and things like culture, tradition, morality, and unspoken rules of behavior for which we may not have the understanding of why they are there, are very important economizers that allow us to do greater and greater things within a complicated society. It makes the case that we have to make the most important decision in our lives as well, and it also makes the case that liberty is not the atomistic individualism and permissiveness of an extreme libertarian, but that which is based in property, and respect for property. Those were the 3 things that dominated the book, and were explained exceptionally well--the limits of rationalism, the case for culture, and liberty being based in property being very important.
‘The Fatal Conceit’ is not what you’d call a light read, but worth the effort if you can keep up your concentration. Hayek will always command historical interest, having been such a philosophical influence on Thatcher. As an economist of distinctly capitalist bent, he here puts the theoretical boot into socialism. You’ll either find it a compelling case or a tirade; but it rehearses the respective arguments tidily, whatever your perspective. My only reservation is that the book sounded rather like an essay, and would guess that the original print version contains references to back up the many assumptions.
Narrator Everett Sherman does a nice job, with a calm, mature voice that fits the content well, and a leisurely pace that gives you time to take in the sometimes complex arguments. Be aware that there are a few re-recorded passages that have been spliced in rather obviously.
In many respects, Hayek is on the same ground here as Ayn Rand’s ‘Atlas Shrugged’, albeit with an academic rather than a fictional orientation. Given a choice, my opinion would be that, in terms of brevity, precision and humanity, it has to be Hayek.
There are no listener reviews for this title yet.
Report Inappropriate Content