Bryan Caplan on Hayek, Richter, and Socialism
EconTalk
00:00
The Road to Serfdom
A lot of the Nazi program was basically protecting failed, outmoded business models from competition. The Nazis were sort of the original anti-Wollmark movement if you want to be provocative. One of the themes of the road to serfdom, which I had forgotten, really runs to the book is competition. And he saw socialism clearly as a monopoly, as a state control of who you worked for and how much you got paid.
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