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MAURICIO ENRIQUE FAU
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BOOKS AND SUMMARIES BY MAURICIO FAU
We have summarized the essential of this book by the author.
CHAPTER 1 NEOLIBERALISM: A PROVISIONAL BALANCE SHEET
NEOLIBERALISM WAS BORN AFTER WORLD WAR II. IT WAS A REACTION AGAINST THE WELFARE STATE
Its source text is Hayek's "Road of Serfdom", written in 1944. Hayek's immediate target was the English Labor Party, on the eve of the 1945 election in England. Hayek's message was drastic: "... moderate English Social Democracy leads to the same disaster as German Nazism: to modern serfdom." Hayek summoned those who shared his ideological orientation to a meeting held in Switzerland, among those who attend Popper, Friedman among other prominent figures.
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