Tom Woods’ book Real Dissent draws a sharp distinction between authentic and insignificant political discourse. His central thesis in the book is that the opinion-molders in the media have narrowly defined the “legitimate” debate in this country to being between the positions held by the popular Republican and Democratic candidates. Those who suggest radical change or question fundamentals in the functioning of the system are mocked and ridiculed for being outside the acceptable range of opinion. These are those that dare say something that’s not on the 3×5 card of allowable opinion, the metaphor Woods uses to describe the perceived … Continue reading
This is a clip from 1977 where Hayek discusses the fallacy of central planning in the area of “social justice”. The distributed nature of the knowledge needed in order to enact a just system of social order is simply not available nor obtainable by a single individual. No planning can be undertaken without such knowledge, hence it is fallacious to even discuss the concept of instituting an overarching plan for social justice. What seems just to one social group may not be just to another.
I may write a full paper on the topic in the future but Hayek, even in his old age, does a great job explaining it in this video.