In 1945 LIFE magazine peers into the future:

“Why did the liberal philosophy which once supported [the forward looking] state of mind deteriorate?  First, because it could not reconcile its humanitarian beliefs with its laissez-faire economics.  After it abandoned laissez-faire it could not logically decide where, short of socialism, to stop.  To define the stopping . . . → Read More: NOSTRADAMUS: LIFE MAGAZINE ON LIBERALISM IN 1945

Lefty Spinmeister John Gray

puts his dark magic to work explicating Labour man / Hegel expert Raymond Plant on Friedrich Hayek and “neoliberalism”.  Quotable:

An increase in state power has always been the inner logic of neoliberalism, because, in order to inject markets into every corner of social life, a government needs to be highly invasive. Health, education and . . . → Read More: Lefty Spinmeister John Gray

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Friedrich Hayek is the twentieth-century social theorist who, probably more than any other, found himself vindicated by events — if not wholly, then at least in his central contention. He is also the one who, more than any other, himself exercised a significant political influence. — Michael Lessnoff

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