'Planning and The Rule of Law' | Revisiting The Road to Serfdom: Chapter 6 (Part 2)

Here is Part 2 of @Eng_Politics and my 5th discussion over F.A. Hayek's 'The Road to Serfdom.' This video covers the first half of our discussion on Chapter 6: Planning and the Rule of Law. In this chapter, Hayek explains the 'Rule of Law' is one of the only bulwarks against totalitarianism, as it relies on objectivity and a broad understanding of societal rules. 'Planning' cannot coexist with objectivity, and therefore must abolish the Rule of Law. Hayek's prescience is once again demonstrated as he lays out the necessity of intentional discrimination in the Planner's misguided pursuit of a truly equal society. Hayek also discusses the fact that freedom leads to income inequality, but that the alternative is to use coercion to remove people's freedom, and create an equally miserable society under authoritarian Planning.

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