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S7 E7: Gilded Age 2.0

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How to increase support for free markets

  • Friedrich von Hayek, a key figure in the neoliberal movement, believed it was unlikely to convince the majority of people to believe in the free market.
  • Instead, he suggested focusing on fostering public dislike of government intervention.
  • The strategy was to highlight how government overreach restricts individual freedom, becomes controlling, and doesn't serve the people effectively.
  • This approach aimed to indirectly increase support for free markets by emphasizing the negative aspects of government involvement.
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