Sunday, March 15, 2009

Road To Serfdom (Video Cartoon)

It is all so easy. People will start asking for the strong man who can make a plan work.
They had enough of the politicians with "plans" which did not work. Now it is time for REAL action...
Slowly, slowly.. Again, history is our teacher.
Note the cartoon is based on the book published in 1946 called "Road to Serfdom" from Friedrich Hayek (recipient of the Nobel Memorial Prize in Economic Science in 1974).
Hayek’s central thesis is that all forms of collectivism lead logically and inevitably to tyranny. He further argued that the failure of central planning would be perceived by the public as an absence of sufficient power by the state to implement an otherwise good idea. Such a perception would lead the public to vote more power to the state, and would assist the rise to power of a “strong man” perceived to be capable of “getting the job done”. After these developments Hayek argued that a country would be ineluctably driven into outright totalitarianism. For Hayek “the road to serfdom” inadvertently set upon by central planning, with its dismantling of the free market system, ends in the destruction of all individual economic and personal freedom.
Sounds familiar in modern times?
What can we do? Stay critical, support the investigative and alternative press and educate yourself.
By the way: Got Gold?