Hayek’s "The Road to Serfdom" - Lawrence H. White

[@HeavyMetalPedal]

I have read "The Road to Seldom" and several chapters several times. It should be read by EVERY person at EVERY level of government. Excellent presentation in this video!

[@ltethan649]

I'd be surprised if an politician ever read a book in their lives.

[@svenva]

Now that I have some people that are interested in these kinds of books: What other books should I read?

[@HeavyMetalPedal]

@@svenva The Technological Society and Propaganda: The Formation of Men's Attitudes by Jacques Ellul. The most important thing anyone living in USA INC can do is leaving before it gets really bad. Israel has subverted USA and plans on destroying it and every white person living there. The white genocide has started and will only get worse in a western countries. 2 percent of USA population control 96% of banking, Hollywood, porn industry and hold over 200 high-level positions in US government. Most hold Israel/US dual citizenship. The only supremacy in USA INC is JEW SUPREMACY! Americans better get some courage and speak up because your children have NO FUTURE! The jews been run out of 109 countries for destroying the countries culture. These are Satan lovers that want white people DEAD and they have no problem saying it. "We Jews, we, the destroyers, will remain the destroyers forever. Nothing that you will do will meet our needs and demands. We will forever destroy because we need a world of our own, a God-world, which it is not in your nature to build." - You Gentiles by Maurice Samuels (Pub 1924) ['God' for these psychopaths is actually Lucifer, affirmed by Zionist Harold Rosenthal in his 1976 interview with Walter White Jr. -Ken Adachi] "Our race is the master race. We are divine gods on this planet. We are as different from the inferior races as they are from insects. In fact, compared to our race, other races are beasts and animals, cattle at best. Other races are considered as human excrement. Our destiny is to rule over the inferior races. Our earthly kingdom will be ruled by our leader with a rod of iron. The masses will lick our feet, and serve us as our slaves." - Menachem Begin was an Israeli politician, founder of Likud and the sixth Prime Minister of Israel. “If we get caught, they will just replace us with persons of the same cloth. So, it does not matter what you do. America is a golden calf; and we will suck it dry, chop it up, and sell it off piece by piece until there is nothing left but the world’s biggest welfare state that we will create and control. Why? Because it is the will of God, and America is big enough to take the hit; so, we can do it again and again and again. This is what we do to countries that we hate. We destroy them very slowly and make them suffer for refusing to be our slaves.” - Benjamin Netanyahu is an Israeli politician who has been Prime Minister of Israel since 2009, having previously held the position from 1996 to 1999. Netanyahu is also the Chairman of the Likud - National Liberal Movement. He is the longest-serving Prime Minister in Israeli history and the first to be born in Israel after the establishment of the state.

[@talex001]

This is why the constitution MUST be followed, if the government cannot protect the individual, the government serves nothing but itself.

[@sjr7822]

Constitution is a contract between the people and their Government, In recent times, when has government made the effort to honor this contract? Judges no longer, on the most part, consider the Constitution, either, and then we wonder why our government isn't working for us.

[@dhejdkdkdebjejdjdjs3523]

"the government serves nothing but itself" AND MUST BE ABOLISHED.

[@thelumpenproletariat6393]

if you believe what you have professed here, you know what must be done "The tree of liberty must be watered, from time to time, with the blood of tyrants." Jefferson "Any society who would give up a little liberty for a little security will gain neither and lose both." Franklin "Well Mr. Franklin, do we have a republic?" "For now. If you can keep it." Your founding fathers knew full well what was going to happen. Who has their courage? Who will stand up?

[@alwaysopen7970]

@@sjr7822 Something I don't agree with is how/why judges have the authority to legislate from the bench, no matter what level of court, as they see fit. Are they more knowledgeable of the intent of the Constitution than any other citizen of the land? Is there a missing addendum they have hidden away? Boom! The law changed and its on record. If you appeal a judgement and represent yourself it is near impossible as the judges don't take you seriously even if your argument made commons sense as far as the law read. A judgement in a case months prior changed the law because one judge wanted to interpret it in his own manner. True story, I lived it.

[@ramon2008]

JRGJRG things are the way they are precisely because the design has been so successful

[@avatarcowboy2435]

It is four years since this video was released, but I too wish to add my voice of thanks to Professor White for sharing Hayek's wisdom with today's audience. Many years ago a close friend gave me his father's copy of the Road To Serfdom. This particular copy was published by UCP in October, 1944, 3rd Impression. My friend's father was an economist and his notes written in pencil can be found through the book. It is a little book - in size. In importance however it is truly a great work. In a better world this book would be required reading and study in every university. Even at the high school level Hayak's core message of the folly of central planning and the 'fatal conceit' should be taught.

[@snippletrap]

Central planning isn’t just for governments. It’s also for private corporations to win no-bid contracts, receive bailouts, and eliminate competition.

[@DWHalse]

Yep!

[@thefredkalis]

thank you Hillsdale college it's a very good talk

[@gillianmason4198]

Lawrence C.White, I am listening to your lecture and it is sending shivers down my spine as l am English and right now as the world knows we in The United Kingdom are tearing ourselves apart over leaving the European Union.I have just stopped your lecture at the point where you are saying, " I want to be a Carpenter and being told you should be a Plumber " he has the choice in a free society. I am so saddened that it seems impossible to hear a lecture on our British Broadcasting Center speaking about the issues you are speaking about. The young people are not being informed about the dangers of an ever increasing danger of a what will become the Federal European State. They believe they will lose their freedom if we leave, without any knowledge of what they are really losing is there freedom if we stay. I hope I am expressing that being friendly with our European neighboring countries does not mean I wish to be governed by them.

[@Doxymeister]

Many of us here in the states are watching and praying for you all. I don't quite understand the insistence on having some kind of new trade agreement in order to leave the EU--just leave. It's not the end of the world, there are other countries that will trade with the UK, providers will find ways to get around existing ones. Just seems to me that any agreement that insists on the UK losing some of it's sovereignty is a bad agreement. At any rate, we wish you all the best.

[@paulvarn4712]

@@Doxymeister Agreed. Trump has promised the US will step in as a strong trade partner so as Trump is known for saying "What have you got to lose?"

[@gillianmason4198]

Hi DachshundsRule, thank you for your reply and good wishes, The United Kingdom is in a mess because previous governments have messed with our constitution, it is only now that all the changes have added up to a government unable to govern. The European Union has from the start made it as difficult as they could so as to make sure The United Kingdom would not been seen by the other 27 countries to be prospering from leaving. The best way to leave would have been a no deal and then negotiate, but due to the Labour Party who said they would uphold the referendum decided to take the position of REMAINING! We have a hung parliament which means the Conservative government does not have a majority. We need to have a General Election but this is also being blocked by the Labour Party and another smaller party called the Liberal Democratics Who are far from being democratic. Hence "The tail is wagging the Dog". There is a silver lining though the people of the United Kingdom have been taught about Politics and there consequences of electing Members of Parliament who do not think they need to do what their constituents voted them in to do. Hopefully a General ELection will take place soon and we can vote them all out and rebuild our Democracy and move onto a better future.

[@gillianmason4198]

HariHari Yes we do not have a written constitution as you do In The States, but we do have Democracy. It would have been helpful to have a written constitution we maybe would not be in the mess we find ourselves in The United Kingdom.

[@markroberts6403]

Reading this comment in April 2020 and all I have to say is, thank the stars that went the right way! Fingers crossed for a no strings attached end to the transition in Dec!

[@mnfowler1]

Unless I have missed it somewhere, I have never heard anyone connect Hayek's "Road to Serfdom" (1943 in UK; 1945 in US) directly to George Orwell's "1984." White does not mention this connection, either. Orwell reviewed RTS positively and later incorporated many features of Hayek's essay in "1984." I first realized this while reading RTS chapter 10, "why the worst get to the top" in a centrally planned system. It's all about Orwell's character O'Brien and his ilk. (Like most, I read "1984" long before I read RTS.) It is almost as if "1984" is a direct response to RTS.

[@kec7116]

I often learn more from comments than I do the videos. Thank you

[@JacksonCarpentersocialmedia]

The introduction to The Definitive Edition of RTS includes mentions of 1984.

[@NEMO-NEMO]

There was a time in America where most folks survived from their plot of land and bartered with neighbors and towns to exchange for the goods they did not grow. The Industrial Revolution changed that concept and offered pay for hourly work. Seemed like a good idea. Less work, and a steady income with less gamble over feeding once self. Result was an utter dependency on the employer offering work. That, turns out, is a bigger gamble than the farm.

[@NEMO-NEMO]

Y T barter always works in a small community and it also means a greater sense of community. Small American farms kept themselves fed and in control of their future. Your comment suggests a modern lifestyle and is our present societal standing. Even if it’s not bartering and rather getting paid for your products that you sell, it’s still a better gamble than leaving the farm all together and offering your labor to the employer, who undoubtedly will only want to lower his labor costs to the lowest possible denominator to allow for greater financial gains.

[@NEMO-NEMO]

Y T your Capitalism suggests no crony style set up, which is what we hv today. Capitalism is free markets and the flow of those markets in consideration with supply and demand. Capitalism allows for the greatest amount of creativity if it’s allowed to work its natural course. We don’t hv that type of Capitalism today in our country. This is the reason for my statement amount the farm. If you don’t allow Capitalism to work as intended, then you hv a disguise of sorts that needs to be addressed. Too many lobbyist ect.... and all the other facets of our system today that are pointing to anarchy.

[@rebelwithacause5217]

Y T You don’t need to resort to name-calling.

[@ButtersOnStrings]

Back then almost every single person was in abject poverty and died before they’re 40th birthday.

[@peetsnort]

Cotton to diamonds. De beers know that they can stockpile diamonds and keep the price high. That's why I don't invest in diamonds. There is no shortage of diamonds in the world

[@r6racer53]

And it's not a scarce item! This is all illusion created by the greedy capitalist and why I told my wife I would never buy her jewelry. I understand how the market works and studied economics, the system is a ponzi scheme and Interests will never be able to be paid off. But the last person tried to get rid of the central bank was assassinated and so will the next.

[@peetsnort]

@@r6racer53 Ja what I also think. JFK was blown away for the interfering with the federal reserve and the only thing that might save trump is the already slumping of the world economy. If Germany is struggling then it will have a knock on effect. China is also a bit sluggish and its like the UK used to get a cold when the usa coughed. We certainly have a little crisis around the corner

[@r6racer53]

@@peetsnort October will be the month is unravels, but the FED will prop it up to try and save face. After the cold war all those scientists went to work in the financial world creating financial instruments to fleece the unknowing investors. Capitalism is for greedy bankers that dont care for the average man, and another gold confiscation act is around the corner...lol

[@noth606]

INITIATE RACING Eh, I think you have your priorities scrambled a bit there, my wife has a wedding ring with a small high grade diamond bought from De Beers with their original certificate. And a necklace with one. I live in NL so I can buy from them and have custom jewelry done to set them etc quite easily. Your wife's jewelry is not a goddam money investment, it's a happy wife investment, and I know from how much she wears them that they do make her happy. They weren't that expensive either, my PC's cost a lot more, but hey, I like them, my wife likes her diamonds. I would never buy diamonds as a money investment thing, because I'd be better off buying a range of things from bitcoin(which I do invest in) to gold, or even wheat futures or stocks or whatever.

[@womanoftheozarks]

@@noth606 Wise man ! ! !

[@deathtomichaelknagge4397]

I just learned more about how the world really works than i have in the previous 20 years.

[@rameshacharya6941]

A vivid explanation of how politics undermines economic freedom

[@mjc01]

The economy should always serve democracy not the reverse.

[@matthewhoover6154]

I want to go through that list of 100 best non fiction books of the century 2:50 and listen to them while I'm working. I have been going popular Russian literature from Archive.org and listening. (The book suggestions from Jordan Peterson's website. ) Such amazing pieces of literature available. I'm glad I started watching this video.

[@MisesCelebrations]

So, how could National Review not have Human Action by Ludwig Mises on it's list of 100 greatest nonfiction books of the 20th century?

[@enematwatson1357]

A ponderous tome which nobody read ? Well, not literally "nobody" but too few to matter. Even having a Master's degree in economics is no guarantee of having even heard the name Mises. 😏

[@johnhorn6807]

Than you so much, I love Hayek’s book but your perspective was so good it has made me rethink what I learned. I realise now that Hayek was really restating Bastiat’s story of unforeseen consequences and applying it to the world as it was in 1940. The planners are still with us around the world trying to establish world government and they seem to be more powerful than ever because of their control of the media which is just a government propaganda machine. As Hayek said many ideas come from well meaning people, it is the unforeseen consequences which make their ideas dangerous for us all. If I have a dangerous idea then people can reject it and I fail but bad government ideas are a danger to us all.

[@johnhorn6807]

@gardener ben yes ad infinitum to the beginning of speech.

[@mnfowler1]

White says that Hayek did not think that the first step toward planning would inevitably lead to "serfdom," however, in RTS Hayek did dispute de Tocqueville's suggestion that a soft tyranny could go on for a long time without becoming a hard tyranny. I have wondered whether, if I were to read more of Hayek's later writings, I might find that he reconsidered de Tocqueville's point in light of the fact that many late 20th century democracies have, indeed, turned into soft tyrannies and have been that way for decades. A slide toward complete tyranny might be ahead, but it seems to me that Hayek explicitly predicted that it would come sooner rather than later. Here, I think, de Tocqueville was vindicated by history.

[@klosnj11]

De Tocqueville seems at times almost prophetic to me (I just finished reading Democracy in America, and the last chapters are gold). However, I dont think he could have predicted just how much development in the industrialized economy would change American cultural views on liberty. I read through the chapter on "self-intrest rightly understood" and wished his description still held today.

[@prakkari]

Wery educating. As a layman I would suggest that the term power should be replaced by capital or money simply said. Consolidation of wealth under the "free market" principles is consolidation of power. It is a snowball effect and capital will in the end rule and decide for everyone and kill free enterprise. So, central regulation or not is not a one size fits all. Deregulation neither. We should regulate up and deregulate down. Most of your nation now lives in serfdom; on foodstamps and goverment handouts etc. The middle class is wiped out, practicly after the last depression and the power (capital) moves incresingly more to the wealthy (powerful). There is nothing such as absolute freedom and lest of all free markets. Unchecked the the power will either lay with the goverment or the rich and powerful in the end. There is danger in for the masses in either ideology. Socialism and capitalism. In the "free world" the damage has been done. Capital controls goverment but not the other way around. "We the people" does not apply anymore. Democracy is but in name. The totalitarian state has just shifted from govermental to private. Either way it's a catastrophe for the common citizen.

[@genli5603]

My great grandmother was afraid that FDR meant the end of America. As we still labor under paying for the “free money” he promised, she may yet be proven right.

[@bobburnitt5389]

Roosevelt signed us up for Keynesian Economics and that is the system we still have. It is a worthless MARXIST SCHEME. Now we are riding a Tiger and cannot get off. BB

[@moodist1er]

KZbin is where illiterate people go to find eachother. Whatsfreemasondicktastelike?

[@ronporter8785]

Revelation 11:18 The nations were enraged, and Your wrath has come. The time has come to judge the dead, and to reward Your servants, the prophets and saints, and those who fear Your name, both small and great, and to destroy those who destroy the earth."

[@MarkWrightPsuedo]

"In the United States...I would say neither party, either major party, spoke to the concerns Hayek raised, in the sense that neither party said, we need to scale dramatically back on governments role in deciding the allocation of resources." Truer words were never spoken!!! I always vote for the side I believe will lead (or has a greater chance of leading us) to a curbing of government's involvement, a reduction in the size of government itself, an eventual balanced budget--but NEVER get it no matter which party seizes power. Doesn't matter who is in, the debt increases, the size of government increases. People who have my concerns are never represented in the current system.

[@paulvarn4712]

One aspect of government control Trump is master at is REGULATION. He got government to let go of the US industry and let it carry on unmolested. He also cut back on ecologic control by returning ponds to the land owners and allowing drilling on public land. The result of all this has been explosive economic growth beyond anyone's speculation and for the first time in my life time (I'm 66 in Sept 2019) we are not only oil independent but are the the largest producer of fossil fuel energy in the world. While this does not reduce the government work force, or the cost of government, it rips government control from productive people. Accomplished in only two years is noteworthy. No one else in my lifetime (including Reagan) has come close. There is good reason given more time and less mud slinging, more like this can be done.

[@MarkWrightPsuedo]

@@paulvarn4712 Stating facts is not mud slinging. Is the debt going up or down? Any significant government scale backs? Out of the concerns I outlined--anyone doing anything about them? No. Are my concerns, and the concerns of those like me, being represented? No. How, pray tell, is that "mud slinging"? For my entire voting life, except for the Clinton era, the debt has gone in only one direction, up. When it all comes crashing down on our collective heads, when financial markets are in disarray, pensions destroyed, our money worthless, unemployment the norm, crime rampant, and bread scarce, remember this conversation.

[@blessedalcuin]

@@paulvarn4712 It's so cute that you consider government "workers" to be "productive".

[@1ireneaustin]

Excuse me please but I believe if you will check it.... That President Trump has reduced the Federal Registry of Regulations. By one third...... At least he has done that. When has any president rescinded and deleted regulation.? I believe what must be done is revolt against the federal reserve and central banking. All problems you are discussing could be remedied with sound money

[@MarkWrightPsuedo]

@@1ireneaustin The reduced regulations have done nothing to reduce the size of the national debt, which is what I was talking about, and what Hayek was talking about--deciding the allocation of resources. Your point is irrelevant to mine. I'm all for streamlining regulations, but my concern is the national debt. Unfortunately, it appears politicians simply will not tackle this problem. They don't seem to care about sound money.

[@madhusudan]

It's so refreshing to take in honest scholarship while in the midst of this Cultural Revolution.

[@schmetterling4477]

Where did you see scholarship here? I am not even asking for honesty. ;-)

[@madhusudan]

@@schmetterling4477 Sure, I'll oblige. He begins by explaining that until 1941 Hayek was a "technical economist", but his book Road to Serfdom marked change in focus to broader social concerns pf power dynamics. That's in the first 4 minutes - placing the book within the scope of the man's body of work. Is there some reason you would not consider that explanation an example of scholarship?

[@JRRodriguez-nu7po]

At the core is the dream of Nimrod, Platonic "Philosopher Kings" and their "Vision of the Anointed", the denial of Total Depravity. We are not Good at the core, and the worst will rise to the top. This is an ancient evil.

[@babaregi5934]

Being Good or Bad at the core is dependent on a value judgment . I think that what's just outside that core of Mankind is Fear. What is at our core is the Divine but we're afraid of the death of our limited self if we truly submit to who we really are at the core. There is such a thing as Grace and via Grace we can endure the fear somehow and feel Love of the Mystery more than the fear. Something more than mere Magic is driving all that is seen and unseen and Modern Science is starting to become aware of unfathomable paradoxes and other dimensions or apparent realities. Mere existence is an utter Mystery that our future Science may embrace and may view with a Spiritual understanding ultimately. IMO, this realm is a school that tests us.

[@soulfuzz368]

JR Rodriguez if you only see the hierarchy in acquiring materialistic things you will be doomed to a life of resentment.

[@JRRodriguez-nu7po]

@@soulfuzz368 Similarly, if you only seek the acquiring of knowledge or wisdom for your mind; you will also be doomed to a life of resentment and even worse (read Ecclesiastes). If you only seek the acquiring of spirituality, or of the giving of yourself to others, you will also be in for a horrible life; see 1 cor 13 or any Bhuddist or socialist country. Only 3 things remain, and in proper balance, are worth having: Faith, Hope and Love. As for me, I have only one thing, my Beloved. I am my Beloved's and my Beloved is mine. I have been homeless, and I am now rich. I have been physically ill, and now I am well. I have been so ignorant that the only thing I was certain of is "puteo, ergo sum", and now I am a retired professor of medicine and biochemistry with knowledge that on a human scale is impressive. I have been foolish, I have been wise. I have had such utter spiritual darkness that indeed the sounds of silence are an old friend. I have also at times been lifted so high that I could almost see eternity. I have had visions, I have dreamt dreams and none of that matters at all. Only One thing matters, my Beloved. I am my Beloved's, and my Beloved is mine. I am crying, again. I want to be His slave. I NEED to be His slave. Love is His banner over me, and I welcome my Conqueror to ravish me as He wills. I am happy because I do not care to be happy. The Epicurean paradox does not apply to me, neither the stoic ontological confusion; for I am a man in Love with a real Person Who whispers to my soul. I am lower than a serf. I am a willing slave; but not to the collective. Not to a Church, but to my Beloved. I feel pity for anyone who is not as me. My wife of 42 years, our 4 children, they are also His willing slaves and now the grandchildren are saying similar words.

[@soulfuzz368]

JR Rodriguez I like chocolate

[@JRRodriguez-nu7po]

@@soulfuzz368 As long as you don't put a strawberry in it, all is well.

[@chestnutmountainboys]

Thankful to have an Econ degree from UGA, Lawrence White and George Selgin!

[@kenzeier2943]

Just got my copy of this book today!!

[@davidwalker1793]

Having just watched this video again I am reminded how useful reading RTS would have been for all the government leaders during the COVID epidemic. And now that we are being threatened with further COVID outbreaks once again perhaps it should be on every government leader’s reading list today.

[@bobleglob162]

To get to point where the people will vote for something requires that something to have some amount of government control. And it becomes just another small step towards total control.

[@PresidentGas1]

Just a hunch but I'm guessing this is a tough book to find on US university campuses these days.

[@shodanxx]

"Why the worst get on top" The ideology that makes any form of planning impossible by definition. Nice one, perfectly circular and cromulent.

[@debbieramsey-hanks3757]

Thank you. Timely and appreciated

[@johnmc8159]

At 23.30, To be clear the UK had a Coalition government (not Labour) during the second world war.

[@howard1beale]

Fascinating. Thank you.

[@vkorchnoifan]

Dear God, please protect us from the people in power who have good intentions in planning an economy. Dear Lord, please give me the courage to stand up against those who think you should shut up and listen to them. Dear Father in Heaven, please protect from those politicians who say "I know whats best for you". Dear Savior, please protect me from the bureaucrats who say "I am trying to save the world".

[@AudioPervert1]

economics is deeply flawed. it's divorced from nature and the ecosystem. Your kind of economics and economy is about overshoot, which always leads to collapse. and there's no god to begin with...

[@kamoans]

How are you 'free' to choose a job in a 'market economy,' in which jobs are sent to China, and you are asked (often) to train oversees workers who are to replace you? How are you better off, if instead of the government telling you where to work etc., you have corporate barons who do this for you? and when they mess up (2008), your tax money is used to bail them out... And, it is equally not the case that the most benevolent and smart people do not get on the top of the corporate ladder.... And :) -- add to this lobbyists pushing through the laws of 'free' market vs. 'consumers' who swallow whatever is put down their throats -- this is equally a 'road to serfdom.'

[@PathfinderHistoryTravel]

Always remember, corporations don’t create concentration camps or gulags. Governments do.

[@SelfishNeuron]

Talk starts at 0:01:12

[@dlittle800]

I’m all for freedom and being an entrepreneur - But what happens to all the pollution that results from all the stuff people buy and throw away in a consumer driven society? And what happens to the planet when no one wants to run a business dealing with that? For example, grocery businesses make more profit offering plastic bags to consumers, but the plastic bags are destroying the environment and our sources of food? Did plastic bags exist when Hayek wrote his book?

[@ronporter8785]

Psalm 65:7 You stilled the roaring of the seas, the pounding of their waves, and the tumult of the nations.

[@toddhudson9521]

When reading the road to serfdom，I felt like all issues pointed out in the book are the reality of the world where I live in. 😢Wake me up from the illusion made by tyrants

[@futureinventor]

For fun I proposed an information showing an approximitaly cost of production for all goods as a price controlling device. What is wrong with letting people know what most can not be asked to know? Would we then pay astronomical over prices? I would not.

[@ronporter8785]

Psalm 83:2 See how Your enemies rage, how your foes have reared their heads.

[@seankennedy4284]

Love to hear someone speak who's knowledgeable in both economic history and theory, and intellectual history.

[@brentgilliland6904]

I was never a huge fan of Hayek's political philosophy, which of course included the RtS, but this definitely made me appreciate it more

[@annbrucepineda8093]

I would probably never have learned about Hayek if not for Dr. Thomas Sowell and I would probably never have heard about Dr. Thomas Sowell if I hadn’t learned about Candace Owens and I would probably never have heard about Candace Owens if she hadn’t been Ben Shapiro’s guest on his special Sunday Show, the only time when he lets his guest speak and he remains quiet. I doubt that I would have ever learned about Ben Shapiro, Andrew Klavan, Erick Metaxas, Dr. John Lennox, Dr. Glenn Loury, the Hoover Institution, Ayaa Hirsi Ali, her Scottish husband, Peter Robinson, Victor Davis Hanson, Dr. Stephen Myers, Dr. James Toure, or dozens of conservative intellectuals if it had not been for the plandemic. What some plan for evil is often used by God for our good, for the good of those who love and trust Him.

[@AtlantaBill]

Ludwig von Mises was economic adviser to the Austrian fascist regime of Engelbert Dolfuss, which used the army to smash the unions and murder labor organizers in Austria from 1933 until 1938. Friedrich Hayek was von Mises's protégé. That's all you have to know.

[@pootthatbak2578]

Ok im in. Probably just heard all i need to know about the book..i see now, the united states was heavily influenced by some of these ideas, and now we are letting the controlling whipmasters take over. Just ordered a copy..thanks hillsdale

[@0101-s7v]

0:03 The way he pushes his glasses up says volumes....not that there's anything wrong with that...lol

[@bigg5582]

leave him alone..hes a lovely fella..lol

[@kevb1959]

Serfdom/slavery begins with the banks.

[@markc1234golf]

BINGO! !!!!!👍👌🤘....And all that Jazz they throw at us

[@kevb1959]

@niki wiki They are the instruments by which the masses are led.

[@santiagos4290]

With banks associated with the government

[@SociallyTriggered]

Reading this book now

[@stephenarling1667]

It wasn't "Helmut" Schacht. It was Hjalmar Horace Greeley Schacht.

[@badxxxmonkey5541]

I saw Walter Williams speak at university. He talked a lot about how cheap china steel was So Good for America. Most of these modern academics only focus on the up side like they are selling you an mutual fund. Mostly, because they are.

[@1LSWilliam]

So Tugwell was a Fascist-Socialist and not Proletarian-Socialism.

[@tommyodonovan3883]

Democratic Socialist like Bernie Sanders....The next POTUS? 😥

[@jamiekloer6534]

Most fascist come from the left hitler Mussolini and were both socialists.

[@kerryaggen6346]

At about 56:00, the guy with the first question looks and sounds like Charlie Kirk of Turning Point, USA... Anybody know if it is him or not?

[@wynstondim]

It's crazy how all this is playing out in Nigeria

[@tyqwdybijo]

Chijindu Oforjigha-Dim my brother, please help spread the word. Socialism / big government is our biggest problem in Nigeria

[@genli5603]

It’s bad enough when Sweden does it and slides half a dozen places in world income and creates no net jobs in 50 years. It’s far more disastrous when a developing country tries it. It’s cutting your own throat.

[@dks13827]

Too little, too late.... we are done for !!! Where has everyone been ? Teachers destroyed America.

[@sanniepstein4835]

@Here Beforeyou If those who pay you are forced to do so, you are not in the free market.

[@Geezerelli]

Yuri Bezmenov warned us 40 years ago.

[@mathiass1999]

47:00 As a Dane I have to save this part for later.

[@evanlowney4466]

"Renewing the Search for a Monetary Constitution." Think about it. Yep, between Orwell and Orwell. But Orwell involved no implicit advocacy.

[@RB26PWR2]

Listen aoc fans!

[@pootthatbak2578]

I think you have a spy at Hillsdale. Whew! the first minute of this video a bit disturbing, to say the least

[@JoeHeine]

Ben Stankiewicz ‘lispy queer’ inflitrator?

[@jonathancampbell1043]

Yes, " Who plans for Whom?! "

[@firstal3799]

Wrong title.

[@prieten49]

140 million Americans are poor or so low income they can hardly make it to the end of the month. Meanwhile, the top ten percent of American households control 76% of the wealth. What was that about the road to serfdom? It appears we have been on it and we have arrived. Thanks, Mr. Hayek and Mr. von Mises. You paved the way.

[@MauroPerasso]

So Hayek actually believed in high taxes and a socialized healthcare and education (as the so called scandinavian safety net)? How is that not central planning? or did he steered away from that argument when he became a full on libertarian?

[@ScandinavianHeretic]

What? No he didn't believe in high taxes nor socialized healthcare and education...I'm Scandinavian and I am currently studying Hayek, sorta in my spare time. No, he wanted nothing like my country.

[@markc1234golf]

Technocracy! Rule by so called EXPERTS! How about we get rid of these so called Experts who like to experiment with people's livelihoods hum! !!!!

[@hansjurgenochsenfahrt6176]

yes - nightmare - from counting the steps of an individuum in the kitchen, to the rationalizing of work - which at the end costs more than the products - a priestcaste - created by big oel... all about deception... of course they plan - the planning center in only private - what keynes like marx did to avoid - the private owned konzentration of wealth.. the neofeudalistic parasite class.. keynes got in diffikulties - because - after the phase of state investion - infrastructure - the parasites use - and the konjunkture grows again... state has to raise taxes - what we see is greenspan and ayn rand for deception - and walker - in the longterm banksta anarchy plan - to deindustrialisize... part of bretton woods planning... go away you illusionists... always arrogant representants of society in decline and destruction... greeed - the superwealty - now run the show - like in weimar republik... what they have scince centuries - they never share - only for survival - for hidden warfare - for charity - always ambivalent - deep state parasites - selling atrocities in expensive clothes... go away desaster kulture pessimistic anarchists...

[@davidhalliday616]

@54:52 OH WOW!!!

[@tonysandoval5959]

Talex001, Has it right, However it’s can be more succinct then that.The only role of the government is to protect the the Individual from Thieving of any sort. Be person or property. If we were able to somehow recapture are freedom from the present day Monolithic government we all live under now we would at least have a fighting chance at real individual sovereignty.

[@Roberta-my7qr]

This argument is made during a time of turbulence and emphasis on a wartime economy, and heightened emotion.. These specific dictates are eliminated. Economies should inure to the well being of it's citizens. Not anymore. Without intervention by government, particularly regarding fair taxation and Bank regulation, you end up with the mess we're in.

[@starlight8889]

America's fascism was of course perpetrated by and large on its economic-political colonies in the South and Central America far from the eye of ordinary Americans who only ever saw the world through the extreme filter of the US media. Nowadays though it seems the US establishment is more willing to wage war directly on its own people. I disagree with so much here, at least on the basis that this opinion is presented as fact. Many of the points are highly contentious. Certainly Hayek's position is no panacea and comes with a host of its own problems. The reality is class war exists in so many guises and in every system it seems. It's sad that so many people just take this stuff as fact, whether it's Austrian politics or racial theory or Marxism... learn to disagree. All arguments are fallacious from some perspective.

[@AlongtheFarClimbDown843]

�� KANSAS SCHOOL KINDERGARTEN THROUGH GRADE 12 IMMUNIZATION REQUIREMENTS FOR 2019-2020 SCHOOL YEAR Immunization requirements and recommendations for the 2019-2020 school year are based on the Advisory Committee on Immunization Practices (ACIP) and the Centers for Disease Control and Prevention (CDC) recommendations. The current recommended and minimum interval immunization schedules may be found on the CDC webpage. The best disease prevention is achieved by adhering to the recommended schedule. However, if a child falls behind, the minimum interval schedule is implemented. To avoid missed opportunities, immunization providers may use a 4-day grace period, in most instances, per age and interval between doses. In such cases, these doses may be counted as valid. K.S.A. 72 - 6261 - Kansas Statutes Related to School Immunizations Requirements and K.A.R. 28-1-20 defines the immunizations required forschool and early childhood program attendance published in the July 18, 2019 Kansas Register. • Diphtheria, Tetanus, Pertussis (DTaP/Tdap): Five doses required. Doses should be given at 2 months, 4 months, 6 months, 15-18 months, and 4-6 years (prior to kindergarten entry). The 4th dose may be given as early as 12 months of age, if at least 6 months have elapsed since dose 3. The 5th dose is not necessary if the 4 th dose was administered at age 4 years or older. A single dose of Tdap is required at entry to 7 th grade. • Hepatitis A: Two doses required. Doses should be given at 12 months with a minimum interval of 6 months between the 1st and 2nd dose. (Effective August 2, 2019) • Hepatitis B: Three doses required. Doses should be given at birth, 1-2 months, and 6-18 months. Minimum age for the final dose is 6 months. • Measles, Mumps, and Rubella: Two doses required. Doses should be given at 12-15 months and 4-6 years (prior to kindergarten entry). Minimum age is 12 months and interval between doses may be as short as 28 days. • Meningococcal (Serogroup A,C,W,Y): Two doses required. Doses should be given at entry to 7th grade (11-12 years) and 11th grade (16-18 years). For children 16-18 years, only one dose is required. (Effective August 2, 2019)• Poliomyelitis (IPV/OPV): Four doses required. Doses should be given at 2 months, 4 months, 6-18 months, and 4- 6 years (prior to kindergarten entry). Three doses are acceptable if 3rd dose was given after 4 years of age and at least 6 months have elapsed since dose 2. • Varicella (chickenpox): Two doses are required. Doses should be given at 12-15 months and 4-6 years (prior to kindergarten entry). The 2 nd dose may be administered as early as 3 months after the 1st dose, however, a dose administered after a 4-week interval is considered valid. No doses are required when student has history of varicella disease documented by a licensed physician. Legal alternatives to school vaccination requirements are found in K.S.A. 72-6262. In addition, to the immunizations required for school entry the following vaccines are recommended to protect students: • Human Papillomavirus (HPV): Two doses recommended at 11 years of age or three doses if the series is started after 15 years. • Influenza: Annual vaccination recommended for all ages > 6 months of age. Number of doses is dependent on age and number of doses given in previous years. Vaccination efforts by school and public health officials, immunization providers, and parents are key to the success of protecting our children and communities from vaccine preventable diseases. Thank you for your dedication. Updated July 18, 2019

[@willhelmberkly3025]

Central planning is simply a synonym for politics and politics will always remain the essential catalyst for the transformation of converging interests and those who fail to see the necessity of central planning will always succumb to those who are able to organize themselves more efficiently while those who champion it will inevitably asphyxiate beneath the weight of the very byzantine leviathan which they have constructed.

[@LJK77777]

What about NDA (nondisclosure agreements) or forced abitration demanded by corporations? Presently China does more research and has technological innovation than the US with our focus on shortterm profits. Etc. Your whole talk was irrelevant if a good historical footnote.

[@ADobbin1]

the problem with using china as an example of socialism is that china abandoned a socialist economic model in the 70's and adopted a capitalist model. The west meanwhile is heading toward adopting a socialist model while abandoning a capitalist model. At the moment the west is under the Corporatism economic model where the corporation is protected above everything. Curiously Karl Marx was heavily influenced by Adam Smiths book The Theory of Moral Sentiments which the later book wealth of nations used as a foundation for the theory of Capitalism.

[@GoodmanMIke59]

At 18:08 you reinforce "five-year year plans" but few Leftist students understand that Mao, one of their Heroes, instituted failed five-year plans. Granted, you're speaking to a sophisticated audience, but for general consumption you need to explain it that "Dick and Jane".

[@peterv.salsedo6310]

In criticizing Rex Tugwell, White fails to understand the meaning of the word "cheap". Tugwell is not using the word to mean inexpensive. He's talking about their quality and in the larger context about the use of resources to make goods that have little use or lasting value. In his infamous interview with Bill Moyers, Ronald Reagan used as his example of entrepreneurial capitalism a guy who makes plastic handles for beer cans. In Capitalism, value is not determined by quality but by the scarcity of resources. Unlike Hayek and conservatives like Mr. White, Tugwell, both as Undersecretary of Agriculture and as an urban planner, understood the meaning of the word "conservation", i.e. the wise use of resources. Simply put, the difference between Hayek and Tugwell is the difference between a conservative and a conservationist.

[@sanniepstein4835]

If scarcity raises prices it also curbs consumption. There is no entity as wasteful as government.

[@jackgoldman1]

Listen to all. Follow none.

[@user-kz8ik8cg2c]

If you grow your own food, you can eat

[@HelenBrown-s1j]

Lee Shirley Anderson Paul Clark Deborah

[@АлександрРусаков-в4с]

White Cynthia Thompson Paul Clark William

[@deusimperator]

Mussolini ... BLACK SHIRTS, not Brown Shirts ... Brown Shirts = SA

[@SDsc0rch]

1:12 - you're welcome no one should have to sit through that

[@southwat]

No one should have to see your display of blatant ugly prejudice. You'd fit better in the 19th century.

[@IllicitGreen]

i thought mussolini was the black shirts & hitler was the brown shirts?

[@GoodmanMIke59]

3 years later ... Dr. White ... don't we have fewer regulations? Isn't Trump doing what he can with what he's got, where he's at? And ... WHEN ARE YOU RUNNING FOR PRESIDENT?

[@tonymccann1978]

Whats the saying about the definition of insanity, something about doing the same thing over and over and expecting different outcomes…? One hour of pure drivel

[@robertcox14]

An overwhelming display of "demonization" of many "others" who just weren't on the right side. Boring, stupid, unremarkable.

[@dinnerwithfranklin2451]

The Soviets lost a world war, endured a revolution, survived a civil war and then a four nation foreign invasion and finally fought and won another world war all in thirty years. Twenty years after that they had managed to go from the poorest nation in Europe in 1917 to the second most powerful nation on the planet by 1970 does suggest that there are some advantages to central planning even if there were many obvious mistakes and abuses.

[@GDP330xi]

Really? Comparng them to Euro socialist countries means very lttle. Compare them to the greatest country, economy and innovation unleashing country this world has ever seen is much more valid. The US have invented and given us the ENTIRE behmoth of the computer and tech industries. It has single handedly raised BILLIONS out of poverty. Most of the free world now has A/C, advanced medicines, smartphones, computers, automobiles, tv, radios, advance sciences, and COUNTLESS other INNOVATAIONS that makes people's lives BETTER! The US unleashes tens of millions of scientific and medicinal notations annually. They FREELY dontate TRILLIONS to the world annually. What have the russions invented or give in annual notations or discoveries? The improvements in Russian lives, and most of the world's lives, has EVERYHTING to do with the US and almost NOTHING to do with the Russian central pllaners....in fact they would be much better had they gone full free market capitalist and totally got rid of the commies decades ago Also,the convenient fact your statement forgets is the HUNDRED OF MILLIONS that ths centrally planned govt mindset of communism and socialism has KILLED. Lenin,Stalin, Mao, Ming, Pol POt, Hitler, Castro, Maduro, & countless others have used your centrally planned utopian pipe dream has a reson for stealing REAL liberty and life......FREE MARKET LIBERTY AND WEALTH FOR ALL are without question intertwined......as is death and despair are with central planning. There is about a century and countless examples of these FACTS.

[@unbrnwsh]

Please listen to the whole speech and you will learn that Hayek was not against a minimum social safety net for 100%. This is what you find in Scandinavian nations and Switzerland etc to make the happiest people on earth and what Bernie Sanders wants the USA to have.

[@unbrnwsh]

@penguins inadiorama First I am educating the right wing who hero-worship Hayek what Hayek advocated. Then I am pointing out that Scandinavian nations have the happiest people on earth because there is no poverty or insecurity due to minimum safety net. As to you personalizing my situation, I am doing extremely well under the system in the USA as I make my living through investment & not depend on anyone to pay me a pay check. Whereas if you live from pay-ck-to-ck in a nation that do not provide a minimum safety net, then you are on the sucker side of the formula as you are only a few checks away from destitute.

[@unbrnwsh]

@penguins inadiorama Never had any benefit from affirmative action, on the other hand, faced discrimination often when trying to get a job to gain experience as a CPA applying for jobs. Thus I realize I got to make it on my own and began my own investment business with the help of Middle Class in the USA who are the greatest people on earth trusting even strangers & cheering each time you fall to get up and go. Thus now I can proudly say I am one of the best analyst and never lose money in the stock market and also take private companies public to make super wealth and wrote a book on how to begin with nothing and become super wealthy. But I believe living in a society with no poor people and 100% having a minimum safety net

[@unbrnwsh]

@penguins inadiorama Pl learn Modern Money Theory: under fiat system taxes neither needed nor used for government spending (to do good or evil) It’s done with fiat money. Thus we can give 100% a minimum safety net to live civilized living, instead of giving .01% trillions in corporate welfare and also spending lot of money bombing some nation every few minutes to hand those nations over to .01% to exploit 99%

[@unbrnwsh]

@penguins inadiorama It was only in response. But makes no difference. Will say & do what I have to assure 100% have a minimum safety net

[@unbrnwsh]

@penguins inadiorama In order to start an investment business you need capital. Even Warren Buffett had a hard time getting capital early on but his ability to explain to people made it possible. I did the same. I was pitching to all to join me as partners to make money and enough people joined me so I have the most loyal investor base. They are mostly majority white people from the USA, Sweden and Switzerland where I have lived at various times and still visit. These are not things I hide. So no problem telling anyone. In fact they are in the book I wrote "Uncommon Commonsense Steps to Super Wealth."

[@onkarvigy]

He mentioned the "right to liberty" but not once he mentioned the "right to life" The rich are concerned with their " right to liberty"; the poor with their " right to life"!! Everyone has the right of their concern!! Both are not illegitimate!!

[@ScandinavianHeretic]

You would know, if you studied Hayek, that there was consideration for a basic universal low income. Not one that would get you anything meaningful, but something. But after that there was nothing to be done.

[@bw1170]

This is only a couple years old and ages poorly

[@LJK77777]

Dated examples! Explain democratic socialism of modern Germany, Sweden, Norway? And explain the horrible inequities of present income inequalities reducing real "freedoms." By the way the Reader's Digest was a very pro-consevative pub because then as now the capitalists own the media. You steadfastly steer your descriptions.

[@ADobbin1]

the horrible inequities of present income inequalities exist because we are following a corporatism economic model not capitalist. Read Adam smiths work and you will probably be surprised to see what capitalism actually is. what we have today isn't it.

[@hoodiepapa7344]

Modern Democratic socialist success stories are myths especially in the case of Sweden. Do some homework, they are a market economy. Germany has negative interest rates to stave off bankruptcy. No thank you

[@sanniepstein4835]

All those countries have had their defense burden carried by the US for 74 years.

[@genli5603]

Sweden has created net 0 jobs since expanding the welfare state, has drastically slid in wealth compared to other countries, and has been forced to back off some plans-even though it only implemented high income taxation and a welfare state and left the business largely alone. The problem with socialism is that you eventually run out of other people’s money...in this case, actually, mostly their own, because EVERYONE pays huge taxes. Germany is a hellhole for the working class because of spiraling cost of living. Germany is basically costal California on a national scale. Yes it also has no nationalization of business. Norway is a tiny country with a ton of oil in the ocean (therefore owned by the country) that can pay for welfare without punishing taxes. It has good business freedoms excepting that it manipulates food prices to make them insane.

[@andrewpaterson5192]

Niether the free market nor the centrally planned systems so far have cared about the most fundamental of externalities, the theft of the commons bu private interests. The environment and the climate. I wonder if Hayek, when making his list of OK interventions, had realised just what a disaster both systems would lead to.

[@coffeeonkeyboard1810]

My dad gave me Road To Serfdom to read back in '74 - 8th grade at the time.

[@KurtSlotkowski-hj8jd]

@Here Beforeyou Certainly more closer to reality than anything Stephen King ever did. So, yeah ... you're right, much more scarier.

[@Fanofou82]

My dad gave it to me when he was potty training me. I used it to wipe my ass.

[@0101-s7v]

CoffeeOnKeyboard That was before the technological wasteland when people actually _read_ things and communicated in English, rather than gibberish like "b4," "u," and "n."

[@blessedalcuin]

@@Fanofou82 If you "wiped your ass" with The Road To Serfdom, then you were an imbecile. You seem to think yourself very clever still, so you must be still an imbecile, good only for turning into Soylent Green. Thank you for your hearty confession, imbecile.

[@D45VR]

@@blessedalcuin he was an infant then so he had an excuse. but now, I think he is a self-made imbecile.

[@louthurston8088]

Another of the legion of economists following Hayak, Friedman, Sowell and Williams, yet we continue down the road to serfdom. Insane.

[@OPRAHRULZ]

We've been executing the ideas of Hayek, Friedman, and Von Mises for the last fifty years. Insane that you wouldn't find them culpable for the neo-feudalism we are suffering under.

[@sanniepstein4835]

@@OPRAHRULZ The mark of uncorrupted capitalism is the separation of wealth and power. People may pursue their survival, and own property, without paying bribes, having connections, or holding authority. Neo-feudalism is what the left creates: wealth and power are centralized in the hands of small elite. Note that it is the prominent Democrats who have become extremely rich in public service, and their followers, who spit with envy at success in the voluntary economy, appear to see this as the proper and natural order of things.

[@7_red24]

Sanni Epstein, No, Obama is secretly a genius businessman. $25 million home. So, too, Mr. Biden. $16 milliion income for 2017-18. Nothing to see here folks, just a couple of everyday business and financial geniuses.

[@sanniepstein4835]

@@7_red24 Lol.

[@OPRAHRULZ]

Sanni Epstein I hate Obama and his ilk too. They are right of center neoliberals. Leftists want to get rid of hierarchies wherever necessary. Decentralization of power is key to the left program.

[@jimbuford4147]

I was raised on a cotton farm in the South and heard my dad talk about how the government would plow up fields of cotton in the '30's because there was too much of it and I as a teenager remember into the 1950's we were told by the government how much cotton we could produce. That was our cash crop and it caused us to lose our farm. Other commodities suffered the same way.

[@emptyhearted9981]

The american should be left alone to grow as much of whatever markets want. if its your land; opium poppies mushrooms pot cocaine plants and of course cotton should all be open to cultivate process refine etc.and all should be freely traded by free people who can choose to use and abuse or not .

[@hollykrestalude8497]

Thankyou for sharing that, i had no idea the Gov put those restrictions on private business in the 50's. I've been niave.

[@sallymary2]

@@hollykrestalude8497 My dad had to mow down 6 swaths of peas around a field in NY State too. He fertilized the lad well and they said he had too good a crop.

[@pipsantos6278]

Now it swinging in the other extreme. The government will pay to not plant or buy produce at a higher than market price.

[@alexfloate2420]

@@emptyhearted9981 If farming was entirely subject to the free market in America, there would only be about 1/4 the farmers we have now.

[@carefulconsumer8682]

Anyone old enough who has lived behind the Iron Curtain understands this clearly! Thank you.

[@schmetterling4477]

I have lived behind the iron curtain and the reality of it had absolutely nothing to do with what was being said here. ;-)

[@Desertpunk1986]

@@schmetterling4477how is it not?

[@noth606]

Thank you for this Hillsdale and Dr. White both, and Hayek of course for the book itself.

[@WhySoLoud]

Gee, central planning sounds just like Big Tech of silicon valley. And yes, the worst HAS risen to their top, too.

[@WhySoLoud]

@JRGJRG yup

[@mktwatcher]

Very relevant to what's trying to be implemented inside our Government and Country today. You need to update and give this talk again, again, again and again. We're headed for a cliff.

[@pechoja]

Vote agaisnt dual citizenship of our representatives adn senators adn others who have influence. No man can serve two masters. No other country allows it. We have dozens of them. It is not about hate but about protecting our own interests.

[@Gamerad360]

Great video, you manage to give an honest account of Hayek's teachings.

[@Dani68ABminus]

Thank you! A much needed perspective.

[@hollykrestalude8497]

I remember Readers Digest! The good ole' days.

[@tommyodonovan3883]

I'm 55yrs....I haven't read a book in 2yrs.

[@helicart]

What's more important is the role of credit...it is the most destructive force a nation can toy with.

[@dks13827]

Its all over... just when.

[@ravencole2740]

The problem with credit is simply the guarantees of govt utilizing taxpayer monies when a lenders risk is realized negatively. If you want to lend out money then you should be ready to lose it and face the consequences. It isn't up to taxpayers to cover your losses on a foolish proposition. It's pretty much unanimous sentiment in America that the big banks should have never been bailed out at taxpayer expense.

[@yydd4954]

The road to serfdom is legendary piece of literature

[@schmetterling4477]

So is the bible, which has a talking snake and a talking donkey in it. I would go as far as to say that if you want a real best-seller, then you have to make snakes and donkeys talk. Worked for the authors of the bible and J.K. Rowling. Hayek is, at that scale, a total loser. ;-)