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Full Idea
Hayek argues that socialist economic equality can only be effectively put into practice by a strong, dictatorial government. Planning has to be imposed by force, and centralised economic power creates a dependency scarcely distingishable from slavery.
Gist of Idea
Socialist economics needs a very strong central power, virtually leading to slavery
Source
report of F.A. Hayek (The Road to Serfdom [1944]) by Johanna Oksala - Political Philosophy: all that matters Ch.7
Book Ref
Oksala,Johanna: 'Political Philosophy' [Hodder and Stoughton 2013], p.94
A Reaction
I don't see much sign of the post-war British Labour government being anything like this, even though they nationalised the railways and introduce a national health service. Hayek was mesmerised by Russia.
| 20575 | Socialist economics needs a very strong central power, virtually leading to slavery [Hayek, by Oksala] |
| 22599 | Hayek was a liberal, but mainly concerned with market freedom [Hayek, by Dunt] |
| 22600 | Impeding the market is likely to lead to extensive state control [Hayek] |