The Internal and the External Freedoms: How Hayek’s Ideas On Mind And Society Can Help Achieve Marx’s Utopian Dreams

Guinevere Liberty Nell

Chapter Chapter 6 in Austrian Economic Perspectives on Individualism and Society, 2014, pp 141-171 from Palgrave Macmillan

Abstract: Abstract It is now accepted by most economists that economic planning is inefficient and authoritarian—hindering freedom of the individual—although many believe that this would not be true if the people were enlightened and altruistic, having changed human nature. Although freedom of speech and thought have been constrained in planned economies, the arguments for the inevitability of this outcome often hinge upon the states desire to retain power. This is the common assumption regarding the reason for the criminalization of consciousness—or preferences or perspectives—the prosecution of “thought-crimes,” which has occurred in “fundamentalist” planned economies. However, based on Austrian theory or upon economic history, one can argue that planning of the economy necessarily leads to “planning” of the individual.

Keywords: Human Nature; Austrian Economic; Complex Adaptive System; Spontaneous Order; Austrian Theory (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36884-3_7

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DOI: 10.1057/9781137368843_7

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