Hayek Was Right! America’s Road to Serfdom
While We Were Sleeping, We Arrived...
Combining the insights of The Road to Serfdom, Friedrich Hayek‘s classic treatise that Margaret Thatcher so admired with the dynamic experiences of recent applied American economics gives us the necessary compass to see that the great United States of America itself is very much on the road to serfdom, or worse.
Hayek’s basic thesis was that allowing the government to control the economy, its commanding heights in particular, was the road to perpetual bondage and it is little wonder that Thatcher used his screed to smash the miners and Reagan used it to deregulate even such things as advertising to children. If you wonder why GI Joe and similar dolls became the favourite toys for boys, and why we get so many pre-pubescent boys and girls leading today’s endless LGBT parades, the bread crumbs lead right back to the deregulation era of Thatcher and Reagan and the rantings of Hayek, which justified them.
Although Hayek’s was pimped as an economic treatise, it is really a far-right political tract, as it was big on ideology and very small on micro economic policy innovations. Hayek’s basic line was that the government did not belong in the economy, which should follow the Flying Dutchman‘s ephemeral sails of American-style freedom and liberty.
In defence of Hayek, his screed was gestated during the…