Hayek Versus Trump: The Radical Right’s Road to Serfdom

Polity, Forthcoming

39 Pages Posted: 7 Mar 2019

See all articles by Aris Trantidis

Aris Trantidis

University of Lincoln (UK) - School of Social Sciences

Nick Cowen

New York University School of Law

Date Written: February 16, 2019

Abstract

Hayek’s The Road to Serfdom has been interpreted as a general warning against state intervention in the economy. We review this argument in conjunction with Hayek’s later work and discern an institutional thesis about which forms of state intervention and economic institutions could threaten personal and political freedom. Economic institutions pose a threat if they allow for coercive interventions as described by Hayek in The Constitution of Liberty: by giving someone the power to force others to serve one’s will by the threat of inflicting harm, in the absence of general rules of conduct. According to the logic of the argument, welfare-state provisions are not coercive insofar as they do not allow the identification and discriminatory treatment of individuals. By contrast, we claim that a structure of coercion is likely to emerge from the command-and-control nature of protectionist institutions and immigration restrictions currently advocated by the Radical Right.

Keywords: Hayek, Road to Serfdom, state intervention, mixed economy, protectionism, rule of law, Radical Right, welfare state, economic freedom and democracy

JEL Classification: P37, P14, P16, P17, P26, B53

Suggested Citation

Trantidis, Aris and Cowen, Nick, Hayek Versus Trump: The Radical Right’s Road to Serfdom (February 16, 2019). Polity, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3335597

Aris Trantidis

University of Lincoln (UK) - School of Social Sciences ( email )

Lincoln
United Kingdom

Nick Cowen (Contact Author)

New York University School of Law ( email )

40 Washington Square South
New York, NY 10012-1099
United States

HOME PAGE: http://www.law.nyu.edu/

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