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The Fatal Conceit: The Errors of Socialism (The Collected Works of F.A. Hayek)

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9780415041874: The Fatal Conceit: The Errors of Socialism (The Collected Works of F.A. Hayek)
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Socialism

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Synopsis:

F.A. Hayek presents a fundamental examination and critique of the central issues of socialism. His analysis begins with David Hume's insight that 'the rules of morality ...are not conclusions of our reason.' 'Was Socialism a mistake?' he asks, and drawing upon research in evolutionary epistemology, moral tradition, and other current ethical thinking, he probes for answers. He argues that socialism, from its origins, has been mistaken on scientific and factual, even on logical grounds - and that its repeated failures were the direct outcome of these scientific errors. Highly readable and controversial, a work of considerable scholarship and energy, The Fatal Conceit will greatly advance our contemporary understanding of the economic and political issues confronting the world, especially important as debates between socialism and capitalism grow.

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Adopting an economic and evolutionary approach throughout, Hayak examines the nature, origin, selection and development of the differing moralities of socialism and the market order; he recounts the extraordinary powers that 'the extended order' of the market, as he calls it, bestows on mankind, constituting and enabling the development of civilization.

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Other Popular Editions of the Same Title

9780226320663: The Fatal Conceit: The Errors of Socialism (Volume 1) (The Collected Works of F. A. Hayek)

Featured Edition

ISBN 10: 0226320669 ISBN 13: 9780226320663
Publisher: University of Chicago Press, 1991
Softcover

9781138418943: The Fatal Conceit: The Errors of Socialism

Routledge, 2017
Hardcover

9780226320687: The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek, Vol. 1)

Univer..., 1990
Hardcover

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