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Gary Edwards

The worst rise to the top - Mises Economic Blog - 0 views

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    Very interesting post from Douglas French concerning the repubican primaries and F.A. Hayek's "Road to Serfom" comments on modern politics. Fascinating stuff. Hayek argues that, in politics, "the worst rise to the top", and he outlines three reasons why: .... Choosing is the problem. Informed people are more "nuanced" - they have many divergent opinions and views. Uniformity however drives the group dynamics behind a democratic process. Uniformity of opinion rules, and the less informed a person is, the more uniform and drawn to larger groups they will be. The "lowest common denominator" rule rules the democratic process. Mobocracy at work. .... Those on top, pursuing the political leadership positions, must appeal to the masses and weave together the groups driven by the "lowest common denominator" rule. The docile and gullible "are ready to accept whatever values and ideology drummed into them". Advantage to big media, the socialist assemblage ruling public education, and public workers unions. ..... Third, political leaders "don't promote a positive agenda, but a negative one of hating an enemy and envy of the wealthy. To appeal to the masses, leaders preach an "us" against "them" program." The great unwashed and uninformed being guided and driven "by emotion and passion rather than critical thinking." Not sure i agree with any of this, much as i admire and recognize the importance of Hayek and his seminal, game changing "Road to Serfdom". One reason is that some of the most informed people i know are goose stepping socialist hell bent on ending individual liberty - as in "life, liberty and the pursuit of happiness", in exchange for Marxist social equality. Another reason i would disagree is that the salt of the earth "bitter clingers" Reagan Conservatives that rock the Tea Party movement are exactly what the establishment elites call the "uninformed masses". Not sure if that's what Hayek meant, but his viewpoint does look a
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