Hayek + Beveridge Flashcards
Hayek
from vienna but moved to britian publishes road to serfde, 1941
socialism can only lead to serfdom
chapter II the great utopia
liberals- freedom to but socialism want freedom “from”
fascism and nazis party communism and socialism
the potential to convrty communist and socialist towards supporting authoritarian regime
liberalism nemesis of authoritarian regimes
chapter IV planning and democracy
his theoretical reasoning based on his educational background: central planning is inherently udemocratic as it relies on more voluntary agreement then would be possible within democratic framework
due to different individual value and utility
extending the sphere of collective action always prohibits the sphere of the individual
liberalim is most compatible with democracy
william beveridge
responsible for welfare the bevridge report nov 1942 propsal on social insurance
less philosophical than hayek
beveridges central aim is to abolish want by creating a unified and contributory social insurance system- covering all citizens through a double income redistribution
building principles of recommendation
meant to fix the issues of capitalism not turn to socialism
relation to social contract theory
not freely negotiated by state and citizens population no say or ability to opt out they don’t have freedom of choice