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Hayek on Socialism and on the Welfare State

Bruce Caldwell

Challenge, 2011, vol. 54, issue 1, 82-97

Abstract: In an earlier issue of Challenge, Andrew Farrant and Edward McPhail noted the new popularity of F.A. Hayek's The Road to Serfdom and proceeded to criticize it comprehensively. In this piece, a leading Hayek scholar defends the book as a brilliant criticism of "hot socialism," not of the welfare state itself. This particularly literate author makes clear that the term "socialism" is widely misused today. In the article that follows, Farrant and McPhail reply.

Date: 2011
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DOI: 10.2753/0577-5132540105

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