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The Fatal Conceit: The Errors of Socialism
 
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The Fatal Conceit: The Errors of Socialism [Hardcover]

F. A. Hayek (Author), W. W. Bartley III (Editor)
4.1 out of 5 stars  See all reviews (21 customer reviews)

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Review

`... as passionate and disputatious as anything he has written. As well as adding up to a powerful manifesto against socialism, it is a fully accessible account of many of the main strands of Mr Hayek's thinking. Politicians ... no longer have any excuse for ignoring what he has actually said ... One of the outstanding political philosophers of this century has written a concise summation of his work: Hayek for everyman. It deserves to be read.' - The Economist

`His arguments are well structured, clearly expressed and, at all times, provocative. His followers will admire the trenchant critique of socialism; his enemies will find his work challenging ... It should not be ignored by anyone concerned with contemporary political discourse and economic developments in the modern world.' - Political Studies

`This is a book from which we can all learn, and have our understanding of society widened and enriched by extensive analysis embodied in trenchant analysis.' - Policy

`...this rich and provocative book' - Ethics --This text refers to the Paperback edition.

Book Description

Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism." Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were the direct outcome of these errors. He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes."

"The achievement of The Fatal Conceit is that it freshly shows why socialism must be refuted rather than merely dismissed—then refutes it again."—David R. Henderson, Fortune.

"Fascinating. . . . The energy and precision with which Mr. Hayek sweeps away his opposition is impressive."—Edward H. Crane, Wall Street Journal

F. A. Hayek is considered a pioneer in monetary theory, the preeminent proponent of the libertarian philosophy, and the ideological mentor of the Reagan and Thatcher "revolutions."
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Customer Reviews

21 Reviews
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Average Customer Review
4.1 out of 5 stars (21 customer reviews)
 
 
 
 
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1 of 1 people found the following review helpful
4.0 out of 5 stars To Christopher Wright aka "Redtwister", July 24 2009
This review is from: The Fatal Conceit: The Errors of Socialism (Paperback)
You write : "Capital and its supporters have been responsible for NEARLY EVERY war in the 20th century"

This sentence alone identifies you as a historically illiterate, gibbering fool who should have his crayons taken away. Especially his red ones.
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2 of 2 people found the following review helpful
5.0 out of 5 stars A great introduction to a great thinker, Aug 27 2001
By 
Jonathan Brown (Fair Oaks,, CA USA) - See all my reviews
(REAL NAME)   
This review is from: The Fatal Conceit: The Errors of Socialism (Paperback)
Hayek was arguably the major intellectual force of the 20th century. This is a great way to get into his writing. Hayek was in the tradition of von Mises, Menger and Cannan - a scholar of immense proportions - prodigious in his mastery of knowledge but quite unassuming about his ultimate knowledge. This is focussed on a particular set of issues. Its points are well stated - i.e. THE fundamental error of socialism is that any person or group of persons can understand the complexities of human interaction and thereby control it. Once conquered you might like to move on to either the Constitution of Liberty or one of his other great works. Hayek is also accessible on many places in the web. His speech to the London Economic Club and one on the Uses of Knowledge in Society are excellent.
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1 of 2 people found the following review helpful
5.0 out of 5 stars Incredible Arrogance, Oct 27 1998
By A Customer
This review is from: The Fatal Conceit: The Errors of Socialism (Paperback)
Being a businessman with 2 degrees in economics, the logic and "rightness" of free market economics seems intuitive to me, so I was always confused as to why anyone could believe that socialism or communism, which have destroyed so many lives and so much wealth, is superior to capitalism. Hayek does a superb job in explaining the thought process of socialist thinkers, and then demonstrating why they are wrong. I'm simply amazed at the arrogance, and naivity of socialist thinkers. They clearly don't understand the complexity of the market, or else they never would believe that they could build a top down hierarchical structure superior to the free market. Unfortunately, Hayek is preaching to the choir, because the people who read this book will already be committed, at least on some level, to capitalism, and libertarianism.
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