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Preview 8 Hayek, The Road to Serfdom - Essay Example

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Preview 8 Hayek, The Road to Serfdom

But unfortunately its meaning is highly ambiguous” (76). The book attempts to bring out what is good to humankind while at the same time addressing how best humankind can manage to embrace good for communal happiness. Following these, the book focuses on the need of freedom for all with more concentration on the minority and economic affairs. This is evident in where he states that “the will of a small minority be imposed upon the people” (107). This is in support of the minority so as to have them enjoy the share of freedom, property and money through centralized goals. THE NATURE OF HAPPINESS IS socially determined. The book addresses issues of social injustices which are in most cases detrimental to the minority. This is particularly with regards to property and freedom. He focuses on satisfaction for all so as to ensure there is freedom and social equity for all when he states that “the world needs that which is satisfactory” (98). It is through a satisfied world that the minority will also have a place and voice. He therefore calls for centralized planning as well as organization which will ensure that all the society is happily considered. He talks of a social welfare which is concerned with the needs of the general society rather than neglecting freedom in the economic affairs of the minority. The nature of happiness according to the author is based on continuity of prosperity through a centralized planning that is capable of contributing to totalitarianism. He stresses the need to “replace the impersonal and anonymous mechanism of the market by collective and ‘conscious’ direction of all social forces to deliberately chosen goals” (28). This is in effort to advocate for social justice as far as societal goals are to be achieved collectively. Freedom and coercive representation of the entire society are therefore key according to the author. THE NATURE OF COSMOS is depicted as a threat to realization of economic freedom and social justice if individual freedom is not concentrated on. There are a number of issues pointed out in the book which are responsible for economic problems faced in the society. The author states that the destiny of our development will eventually rely upon how we take care of the investment issues we ought to face (48). He identifies both economic and social concerns as the most pertinent issues which render the minority to be discriminated. However, he presents socialism as a means by which equality is driven into the society by way of increasing reverence for governing states. Intervention through governmental efforts is identified as the appropriate ways through which to effectively manage economic affairs and guarantee individual freedom. This is capable of being achieved through policies to regulate different aspects such as health, education, economic platforms in the markets among others. Hayek states that the characteristic rationale of communalism makes it difficult to keep it to a restricted circle (76). This is capable of playing a big role in ensuring that coercion is achieved as far as freedom and economic strength are to be attained. Nonetheless, the book attempts to bring out connection between socialism and fascism through involvement of democratic atmosphere and ...Show more

Summary

Name: Instructor: Course: Date: Preview 8 Hayek, The Road to Serfdom THE NATURE OF MANKIND IS contemplative of what good the nature has to offer or present. This is mainly in focus to what humans have in possessions. There are cases and situations when the minority has been sidelined from getting full access to what is communally perceived as belonging to the society…
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