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Liberalism's Last Man

Hayek in the Age of Political Capitalism

Vikash Yadav

$57.95

Hardback

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English
Chicago University Press
19 October 2023
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.
By:  
Imprint:   Chicago University Press
Country of Publication:   United States
Dimensions:   Height: 229mm,  Width: 152mm,  Spine: 30mm
Weight:   540g
ISBN:   9780226821474
ISBN 10:   0226821471
Pages:   288
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

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

Reviews for Liberalism's Last Man: Hayek in the Age of Political Capitalism

"""Yadav debuts with a vigorous reappraisal of 20th-century economist Friedrich Hayek in light of todayʼs increasing authoritarian encroachment on liberal, meritocratic, free-market societies...Seamlessly intertwining political philosophy, intellectual history, and textual criticism, this is an expansive and robust defense of capitalist liberalism."" * Publisher's Weekly * ""Does Hayek’s critique of socialism and defense of liberalism in his 1944 book The Road to Serfdom have any relevance for the very different challenges the international order faces today? Yadav’s ambitious goal is to answer that question via a close reading of Hayek’s classic text. The result is a penetrating, insightful, sometimes provocative and always stimulating performance."" -- Bruce Caldwell | coauthor of ""Hayek: A Life, 1899–1950"" | Duke University “Well-written, well-researched, and engrossing, the great accomplishment of Liberalism's Last Man is its engagement with modern political theory through the lens of Hayek. It’s a highly original work—and refreshing in that it takes Hayek’s critics seriously while also refraining from shortchanging Hayek for his supposed intellectual sins.” -- Peter Boettke | author of ""F. A. Hayek: Economics, Political Economy and Social Philosophy"""


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