Hayek faulted 19th-century liberals for overconfidence in what public communication could achieve.
Evidence
This explains why neoliberals tend to diverge from their predecessors: “most nineteenth century liberals were guided by a naïve overconfidence in what mere communication of knowledge could achieve” (p. 377). — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 1915
Categorization
- XREF: Explains why the MPS abandoned rational persuasion for propaganda and market-structure manipulation, central to this book’s thesis.