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The Fatal Conceit

The Errors of Socialism

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The Fatal Conceit

By: F. A. Hayek
Narrated by: Everett Sherman
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Summary

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. Economics Political Science Politics & Government Theory Socialism Capitalism Liberalism Taxation Morality Economic Inequality
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One of the best books from Mr Hayek. So relevant to today and would recommend young people in particular read this book. He also touches on Adam Smith & his GREAT book “The Wealth if Nations”. Everyone will learn a lot from this book.

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