Liberalism's Last Man

Hayek in the Age of Political Capitalism

Yadav Vikash Yadav

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University of Chicago Press img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft

Beschreibung

A modern reframing of Friedrich Hayek's most famous work for the 21st century.Friedrich Hayek s The Road to Serfdom was both an intellectual milestone and a source of political division, spurring fiery debates around capitalism and its discontents. In the ensuing discord, Hayek s true message was lost: liberalism is a thing to be protected above all else, and its alternatives are perilous.In Liberalism s Last Man, Vikash Yadav revives the core of Hayek s famed work to map today s primary political anxiety: the tenuous state of liberal meritocratic capitalism particularly in North America, Europe, and Asia in the face of strengthening political-capitalist powers like China, Vietnam, and Singapore. As open societies struggle to match the economic productivity of authoritarian-capitalist economies, the promises of a meritocracy fade; Yadav channels Hayek to articulate how liberalism s moral backbone is its greatest defense against repressive social structures.

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