Big Business & Big Government vs. the People

You're not going to claim Hayek as one of the most important contributors to Austrian Economics? Wow!

You do have a habit of saying nothing and thinking otherwise. Why don't you actually describe how market socialists have not applied Hayekian analysis correctly? Content would be spiffing!

 

Hayek was for freedom and capitalism; socialists are 100% opposed. Its as simple as that.

 

Just read about this: https://www.dailywire.com/news/1401...neled-billions-left-wing-amanda-prestigiacomo

 

Really? How so?

 

you mean libcommies are trying to embed it the way cancer cells embed within healthy cells.

 

And now the trial lawyers: http://www.washingtonpost.com/wp-dyn/content/article/2007/11/16/AR2007111601756.html

 

I have always seen it the other way around, Austrian Economics is firmly embedded in socialism. After all, worker owned businesses must compete with other worker owned businesses, and any other similar business regardless of socio/political system.

 

There's an Austrian crisis. They naturally want to embrace free market capitalism, but its only market socialism which actually eliminates coercive relations (and meets Hayekian conditions voiced in the socialist calculation debate)

 

There is no crisis whatsoever on major issues. They are free market all the way. Market socialism is nothing more than than contradictory libcommie gibberish!

 

Tut tut with your zero comment. Try again: They naturally want to embrace free market capitalism, but its only market socialism which actually eliminates coercive relations (and meets Hayekian conditions voiced in the socialist calculation debate)

 

who said any thing about wanting to eliminate coercion???? Free marketers want freedom such that both parties are free to participate or not. Nobody cares if you think there is coercion (whatever that means) or not. Now do you understand?

 

Austrians

You seem to struggle with basic logic. Coercion is necessarily inconsistent with free market principles. Do you understand any economics?

 

if so then free marketers oppose it. and????

 

Crikey you do struggle with argument: "its only market socialism which actually eliminates coercive relations"

 

socialism is coercion according to Austrians ie govt with guns to your head

 

libcommie govt with a gun to your head eliminates coercion??

 

This is an ignorant comment. Hayek's socialist calculation analysis actually generated socialist analysis consistent with Austrian principles.

 

Hayek was all for capitalism. What a insane dunderheaded impotent way to attack capitalism. Why not just try to think of a good argument?
For example, it does not matter that socialism slowly starved 120 million to death because.......

 

So, Hayek was a world renowned capitalist thinker but you have discovered he was really a socialist but not smart enough to know it??

 

We both know you have no understanding of economics. You don't know how Hayek critiqued how nationalisation could replicate perfect competition. You don't know how Hayek's critique actually empowered socialism, where his comments on socialist calculation demonstrated the power of worker ownership.

 

actually, you're the libcommie!!!

 

Anyone with economic knowledge would know "libcommie" is nothing but non-economic rant

 

True i don't know that Hayek supported socialism!! Do you know that??


Friedrich Hayek — 'If socialists understood economics they wouldn't be socialists.'

 

Tut tut, how you show no honesty in comment:
You don't know how Hayek's critique actually empowered socialism, where his comments on socialist calculation demonstrated the power of worker ownership.

 

According to the Austrian school economist Ludwig von Mises, an economic system that does not utilize money, financial calculation and market pricing will be unable to effectively value capital goods and coordinate production and therefore socialism is impossible because it lacks the necessary information to perform economic calculation in the first place.