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68 | F.A. Hayek’s The Road to Serfdom: Competition, Individualism, and the Politics of Reaction

What's Left of Philosophy

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The Limitation of Market Systems and Price Signals

He almost never in this book uses the word capitalism. He doesn't really want to talk about capitalism. And it's because he's epistemically averse to thinking that there is anything like a social totality. What we need is the loose coordination of thousands of entrepreneurs making their, you know, understanding their particular environment better. That was the set of arguments that was straightforward and accepted as the most critical possible vantage point. The Academy and philosophy transitioned to the postmodern period.

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