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FA Hayek The Road to Serfdom

le failure of collectivism cling to the vain hope that it will solve our social ills. Hayek argued against this misplaced hope and presents a doctrine that is more promising for the greatest amount of freedom and prosperity. Literature SurveyWhy Freedom Must be First by Tibor R. Machan (1)Machan wrote this paper as a research paper at the Hoover Institution, in Stanford, California. Machan believes that the political ideal of individual rights is morally sound and makes possible the most peaceful and prosperous community life for human’s beings anywhere. He argues against any form of collectivism, communitarianism, and market socialism, and suggests that it is more promising for humans to work out the implications of individualism. He is parallel to Hayek in his believe that humans search for answers, and by nature are creative. For Machan, it is best that humans do things on their own initiative. This he feels explains better than anything else all our developments, cultural changes and so on. Allowing the diversity that comes from individuality furthers communities ends the most. Humans distinguishes themselves as rational animals, so the be rational there must be individual effort and initiative. This is what places each individual in the decisive role of there life. Machan states we can persuade people but can never guarantee that one can get many people to think along a certain line. To be free, the mind must always be able to reject any argument and try and come up with a better one. Private Property is the Most Important Guaranty of Freedom, by Glen Whitman (2)(Department of Economics, New York University) According to Whitman, private ownership of one’s domain implies an ability to dispose of or alienate parts of that domain as one sees fit. As an individual’s vision changes, so does their domain. Voluntary redistribution is a natural feature in a free society. Because of this Whitma...

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