“Today’s episode critiques Friedrich Hayek’s The Road to Serfdom, arguing that its neoliberal followers have ironically created the authoritarian economic system Hayek feared, not through socialist planning, but via unchecked market forces concentrating power in corporations and financial institutions. The author of the source article, Dr. Jaime Hoerricks, contrasts Hayek’s warnings about state control with the reality of corporate control, highlighting the incoherence of figures like Glenn Beck who simultaneously blame both capitalism and socialism for this outcome. Dr. Hoerricks concludes by advocating for public ownership and increased worker power as solutions to this ‘neoliberal feudalism.’”
Here’s the link to the source article: https://open.substack.com/pub/autside/p/the-real-road-to-serfdom-how-hayeks
Let me know what you think.
Share this post