Jason Riley – Thomas Sowell's Path from Marx to Hayek

In this book, Thomas Sowell critiques the social policies of the past thirty years, arguing that they are a result of a tainted vision held by elites, which he terms 'the anointed'. Sowell contrasts this vision with the 'tragic vision', which recognizes the world as one of limited options and trade-offs. He argues that the anointed replace facts and rational thinking with rhetorical assertions, leading to crises in education, crime, and family dynamics. The book also examines how the anointed maintain their influence through institutions like universities, media, and the judiciary, and how their vision offers a special state of moral superiority to its adherents.

The book relates the management succession and increasingly unorthodox ethos of Semco. Semler transformed the company by implementing radical policies such as allowing workers to set their own production quotas, practicing profit sharing down to the factory floor level, and simplifying business processes. This approach led to significant success and made the book a worldwide bestseller.

Written in epistolary form, the novel tells the story of Victor Frankenstein, a brilliant and ambitious scientist who, driven by Enlightenment-era ideas of progress and science, creates a living being from dead body parts. However, upon seeing the creature come to life, Frankenstein is horrified and abandons it. The creature, shunned by society due to its appearance, seeks revenge against its creator, leading to a series of tragic events. The novel explores themes of guilt, loss, and the emotional and moral consequences of scientific hubris, blending elements of Gothic and Romantic literature.

In 'Knowledge and Decisions,' Thomas Sowell examines how social and economic knowledge is transmitted through society and its impact on decision making. The book is divided into two parts: 'Social Institutions' and 'Trends and Issues. ' Sowell argues against the centralization of decision-making power, advocating for decentralized decision making and criticizing the role of intellectuals and government agencies in distorting knowledge and decision-making processes. He emphasizes the importance of understanding the incentives and constraints that influence decision makers and warns about the dangers of abstract and elitist social visions replacing actual knowledge. The book won the 1980 Law and Economics Center Prize for its significant contribution to understanding the differences between market and government processes.

In this book, Thomas Sowell explores the fundamental differences in visions of human nature that underlie many political and ideological disputes. He identifies two primary visions: the 'constrained' vision, which sees human nature as inherently self-centered and limited by systemic processes, and the 'unconstrained' vision, which views human nature as malleable and perfectible through societal intervention. Sowell argues that these visions shape opinions on a wide range of issues, from justice and equality to power and social institutions. The book blends history, economics, philosophy, and law to provide a comprehensive understanding of these conflicting visions and their implications for political thought and action.

string