Embassy main page | RBO page | English review | Arabic review


" The Fatal Conceit: Errors of Socialism”, Volume I from collected works of F.A. Hayek, edited by W.W. Bartley III



U.S. Publisher: University of Chicago Press, 1988
Translated by Mohamed Mostafa Ghoneim
Arabic Translation Published, 1993, by Dar El Sherouk, 8 Sibawei El Masry Street, Rabaa Al Adaweya, Nasr City, Cairo, Tel: 202-4023399; Fax: 202-4037567
Retail Price $6.80
The reader who is struck by the pace and freshness of the argument of this book, its vigorous to specific cases, and its occasionally polemical thrust will want to know something of its background. In 1978, at the age of nearly eighty, and after a lifetime of doing battle with socialism in its many manifestations, Hayek wanted to have a showdown. He conceived of a grand formal debate, probably to be held in Paris, in which the leading theorists of socialism would face the leading intellectual advocates of the market order. They would address the question: “Was socialism a mistake?” The advocates of the market order would argue that socialism was – and always had been – thoroughly mistaken on scientific and factual, even logical grounds, and that its repeated failures, in the many different practical applications of socialist ideas that this century has witnessed, were, on the whole, the direct outcome of these scientific errors.