We are ready to accept almost any explanation of the present crisis of our civilization except one: that the present state of the world may be the result of genuine error on our own part and that the pursuit of some of our most cherished ideals has apparently produced results utterly different from those which we expected.
For better or for worse, damn near every “serious” argument against socialism is a regurgitation of Hayek’s argument within this book. And for better or for worse, it has become the fight song of every reactionary. The book opens with a chapter titled “The Abandoned Road” that tells you everything you need to know: the “Europe of old” with its high minded ideals risks annihilation–specifically at the hands of socialism. The book is immensely disappointing, if only because I was expecting serious discussions of classical liberalism as libertarians interpret it.
Instead, I got overbearing love letters to ancient Europe, unwarranted alarm bells rung off about how socialism is an inherently non-European idea which will therefore undermine the project of liberty that only Europe came up with, and contradictory arguments about how some freedoms and liberties throughout history have been necessarily eliminated (the ability of power to exploit) but their reemergence in the modern era is their manifestation in perfect form (socialism is slavery because you are removing the freedom of a class of individuals to consign another class to “voluntary” servitude given abysmal material conditions).
Read Isaiah Berlin if you’re an unapologetic idealist but don’t want to read reactionary fan fiction. Berlin is far more perceptive and far more compelling than Hayek at every point when it comes to the 20th century, to the nature of freedom, to notions of justice and equality, to pretty much any idea that a libertarian would claim to be concerned with.
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