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Liberalism's Last Man

Hayek in the Age of Political Capitalism
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( 12 ratings, 3 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Liberalism's Last Man offers a modern reframing of Friedrich Hayek's seminal work, The Road to Serfdom, applying its core ideas to the challenges of the 21st century. Vikash Yadav examines the precarious condition of liberal meritocratic capitalism amid the rise of political-capitalist powers such as China, Vietnam, and Singapore. Yadav emphasises Hayek’s argument that liberalism’s moral strength must be preserved to defend against authoritarian social structures and the fading promises of meritocracy in open societies.
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Format: Hardback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for readers interested in political philosophy, economics, and contemporary debates on liberalism versus authoritarianism, particularly scholars, students, and thoughtful general readers seeking a deeper understanding of Hayek’s work reinterpreted for today’s global challenges.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

A modern reframing of Friedrich Hayek’s most famous work for the 21st century.

Friedrich Hayek’s The Road to Serfdom was both an intellectual milestone and a source of political division, spurring fiery debates around capitalism and its discontents. In the ensuing discord, Hayek’s true message was lost: liberalism is a thing to be protected above all else, and its alternatives are perilous.

In Liberalism’s Last Man, Vikash Yadav revives the core of Hayek’s famed work to map today’s primary political anxiety: the tenuous state of liberal meritocratic capitalism—particularly in North America, Europe, and Asia—in the face of strengthening political-capitalist powers like China, Vietnam, and Singapore. As open societies struggle to match the economic productivity of authoritarian-capitalist economies, the promises of a meritocracy fade; Yadav channels Hayek to articulate how liberalism’s moral backbone is its greatest defense against repressive social structures.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Liberalism's Last Man has been praised for its rigorous reappraisal of Hayek’s ideas in the context of contemporary authoritarian threats, blending political philosophy and intellectual history with clear textual criticism. Publisher's Weekly calls it an expansive defence of capitalist liberalism, while The Wall Street Journal commends its successful recasting of Hayek’s work for modern readers. The New York Review of Books highlights Yadav’s argument that Hayek was mischaracterised and notes his support for progressive policies like minimum income and antitrust laws.

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Book Details

INFORMATION

ISBN: 9780226821474

Publisher: The University of Chicago Press

Format: Hardback

Date Published: 23 August 2023

Country: United States

Imprint: University of Chicago Press

Illustration: 2 line drawings

Audience: Professional and scholarly

DIMENSIONS

Spine width: 30.0mm

Width: 152.0mm

Height: 229.0mm

Weight: 540g

Pages: 288

About the Author

Vikash Yadav is associate professor of international relations and Asian studies at Hobart and William Smith Colleges.

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