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.
"If more had these insights we'd be better off"
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...