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Delegation, Democracy, and Government Planning
Taken from Chapter 5 of F.A. Hayek's 1944 book
"The Road to Serfdom"
Full book available for purchase at mises.org (Check out their YouTube channel-misesmedia)
Hayek explores the limitations of democratic delegation when used to lay out means to yet to be chosen ends. He continues by exploring the limitations presented by Democracy itself and why the decline into totalitarian control becomes inevitable. He concludes by exploring Democracy's place in politics and its role in strengthening arbitrary government power.
Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: MarketAnarchy
Length: 10:32
Rating: 5.00
Views: 141
Tags: A. Anarchy Austrian Barr Bob Business Capitalism Cycle Delegation Democracy Economics Ethics F. Fascism Free Freedom Friedrich Government Hayek Illusion Inflation Libertarian Liberty Market Monopolies Myth of Paul Philosophy Planning Political Road Ron Serfdom Socialism to
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