
Episode #139 ... Friedrich Von Hayek - The Road to Serfdom
Philosophize This!
Beware the Central Planner's Allure
Central planning concentrates significant power in the hands of a few, leading to potential totalitarianism. Historical patterns reveal that this often results in power being held by a single individual or a small group, raising concerns about the motivations of those drawn to such positions. Individuals with the qualities ideally suited for leadership—empathy, wisdom, and tolerance—are likely to shun roles that involve coercive governance. In contrast, those eager to wield such power may possess less admirable traits, raising questions about the suitability of leaders in a centrally planned economy.
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