Hayek on Socialism and on the Welfare State: A Comment on Farrant and McPhail's 'Does F.A. Hayek's Road to Serfdom Deserve to Make a Comeback?'

摘要

In an earlier issue of Challenge, Andrew Farrant and Edward McPhail noted the new popularity of FA. Hayek's The Road to Serfdom and proceeded to criticize it comprehensively. In this piece, a leading Hayek scholar defends the hook 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.