The Road to Serfdom (in cartoons)
For your viewing pleasure, a cartoon from 1950, distributed by (ironically) General Motors, based on a book of the same name by F.A. Hayek.
The message may seem simplistic, because the conclusion is simple: centralized planning of the economy leads to serfdom.
To see the arguments laid before out that support this conclusion, one would have to read that book. You can then read Keynes’ GENERAL THEORY OF EMPLOYMENT, INTEREST AND MONEY, and see, by way of contrast, what utter rubbish, gobbledegook and doublethink it is. But Keynes flatters the power-hungry elite, and so they see to it that his ideas are kept alive, and Hayek does not, so his work is unknown or ill regarded, except in those few circles of academics or economists uninfluenced by a half century of relentless propaganda for statism.
To read a rigorous debunking of Keynes, please read CAPITALISM by George Reisman.
About John C Wright
John C. Wright is a practicing philosopher, a retired attorney, newspaperman, and newspaper editor, and a published author of science fiction. Once a Houyhnhnm, he was expelled from the august ranks of purely rational beings when he fell in love; but retains an honorary title.
