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The Internal and the External Freedoms: How Hayek’s Ideas On Mind And Society Can Help Achieve Marx’s Utopian Dreams

In: Austrian Economic Perspectives on Individualism and Society

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  • Guinevere Liberty Nell

Abstract

It is now accepted by most economists that economic planning is inefficient and authoritarian—hindering freedom of the individual—although many believe that this would not be true if the people were enlightened and altruistic, having changed human nature. Although freedom of speech and thought have been constrained in planned economies, the arguments for the inevitability of this outcome often hinge upon the states desire to retain power. This is the common assumption regarding the reason for the criminalization of consciousness—or preferences or perspectives—the prosecution of “thought-crimes,” which has occurred in “fundamentalist” planned economies. However, based on Austrian theory or upon economic history, one can argue that planning of the economy necessarily leads to “planning” of the individual.

Suggested Citation

  • Guinevere Liberty Nell, 2014. "The Internal and the External Freedoms: How Hayek’s Ideas On Mind And Society Can Help Achieve Marx’s Utopian Dreams," Palgrave Macmillan Books, in: Guinevere Liberty Nell (ed.), Austrian Economic Perspectives on Individualism and Society, chapter 0, pages 141-171, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-36884-3_7
    DOI: 10.1057/9781137368843_7
    as

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    References listed on IDEAS

    as
    1. von Hayek, Friedrich August, 1989. "The Pretence of Knowledge," American Economic Review, American Economic Association, vol. 79(6), pages 3-7, December.
    2. Peter T. Leeson, 2009. "The Laws of Lawlessness," The Journal of Legal Studies, University of Chicago Press, vol. 38(2), pages 471-503, June.
    3. Guinevere Liberty Nell, 2013. "Welfare in the Austrian Marketplace: Bridging Austrian and Market Socialist Economics," Exploring the Basic Income Guarantee, in: Guinevere Liberty Nell (ed.), Basic Income and the Free Market, chapter 0, pages 7-47, Palgrave Macmillan.
    4. Guinevere Liberty Nell & Daniel Richmond, 2013. "A BIG Paradigm Shift for Society: A Speculative Look at Some of the Implications of Introducing a BIG," Exploring the Basic Income Guarantee, in: Guinevere Liberty Nell (ed.), Basic Income and the Free Market, chapter 0, pages 183-200, Palgrave Macmillan.
    5. Troy Camplin, 2013. "BIG and the Negative Income Tax: A Comparative Spontaneous Orders Approach," Exploring the Basic Income Guarantee, in: Guinevere Liberty Nell (ed.), Basic Income and the Free Market, chapter 0, pages 97-122, Palgrave Macmillan.
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