In the first lines of the Abandoned Road, Hayek outlines a theory of unintended consequences suggesting that favourable results are not always guaranteed. He notes that individuals seldom find themselves at fault when a project goes wrong even when they are to blame.
Hayek states that society is improved when individuals are free to trade and travel with out the interference of government. Socialism and all other forms of collectivism are characterised as slavery. He insists that it was the ability for entrepreneurs to fail within a free market system that produced the industrial revolution, arguing that the principles of freedom that facilitated this revolution where undermined by the very people who where empowered and benefitted from it, the working class. The free market had allowed the working man, for the first time, to see that it was possible to improve his own life. In an effort to progress further they surrendered their new freedoms to the state.
The origins of Individualism are then sketched out. He proposes that it was born out of Christianity and the classical civilizations and then further refined during the renaissance. After this time this school of thought was most prominently implemented in the British isles and the Low Countries. Due to England’s intellectual leadership; individualism and laissez faire governance continued to be prominent in Europe. In the author’s view England lost her intellectual lead, in regard to political and social thinking, to Germany in the 1870’s. By this time Germany had adopted Socialism. The consensus of Germany’s intellectual thinking influenced the rest of continent.
The new paradigm in Germany of interventionist government policy and the over legislation of the population’s day-to-day lives, gave dictators the tools they needed to take control of their populations. The second world war is not seen as a freak event but as the most pronounced battle in an idealogical war. On one side a system in which individuals voluntarily work in their own self interest, on the other a system of central planning in which a dangerous amount of power is given to a small group of people and inevitably led to the manipulation of a population to forget its own morality and work only to benefit the state.
When published some of Hayek's views were in stark contrast with government propaganda. He describes the German population as being no different from the English, separated only by Germany’s adoption of socialism and their departure from the free market.
In the first lines of the Abandoned Road, Hayek outlines a theory of unintended consequences suggesting that favourable results are not always guaranteed. He notes that individuals seldom find themselves at fault when a project goes wrong even when they are to blame.
Hayek states that society is improved when individuals are free to trade and travel with out the interference of government. Socialism and all other forms of collectivism are characterised as slavery. He insists that it was the ability for entrepreneurs to fail within a free market system that produced the industrial revolution, arguing that the principles of freedom that facilitated this revolution where undermined by the very people who where empowered and benefitted from it, the working class. The free market had allowed the working man, for the first time, to see that it was possible to improve his own life. In an effort to progress further they surrendered their new freedoms to the state.
The origins of Individualism are then sketched out. He proposes that it was born out of Christianity and the classical civilizations and then further refined during the renaissance. After this time this school of thought was most prominently implemented in the British isles and the Low Countries. Due to England’s intellectual leadership; individualism and laissez faire governance continued to be prominent in Europe. In the author’s view England lost her intellectual lead, in regard to political and social thinking, to Germany in the 1870’s. By this time Germany had adopted Socialism. The consensus of Germany’s intellectual thinking influenced the rest of continent.
The new paradigm in Germany of interventionist government policy and the over legislation of the population’s day-to-day lives, gave dictators the tools they needed to take control of their populations. The second world war is not seen as a freak event but as the most pronounced battle in an idealogical war. On one side a system in which individuals voluntarily work in their own self interest, on the other a system of central planning in which a dangerous amount of power is given to a small group of people and inevitably led to the manipulation of a population to forget its own morality and work only to benefit the state.
When published some of Hayek's views were in stark contrast with government propaganda. He describes the German population as being no different from the English, separated only by Germany’s adoption of socialism and their departure from the free market.
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