Capitalism and the Historians.

HAYEK Friedrich August von. Edited with an Introduction (1954.)

£500.00  [First Edition]

Available to view at our Curzon Street shop.


First edition. 8vo (196 x 132mm). vii, [1], 192 pp. Original navy blue cloth, spine lettered in gilt, dust jacket (ownership inscription to front free endpaper, jacket price clipped, spine faintly toned, faint partial offsetting to rear panel, notwithstanding an excellent copy, virtually unworn). London, Routledge & Kegan Paul.

Edited by Hayek, who also contributed a substantial introductory essay entitled 'History and Politics', with essays by T.S. Ashton, Louis Hacker, W.H. Hutt, and Bertrand de Jouvenel. Prompted by meetings of the Mont Pelerin Society, a largely neo-liberal international organisation, held at Beauvallon in France during September 1951, the collection of essays respond variably to a perceived tendency amongst historians and social scientists to present a distorted and overly negative account of the industrial revolution and capitalism more broadly. In a move reminiscent of Schumpeter's argument in Capitalism, Socialism, and Democracy that capitalism would fail due to hostility aroused by left wing public intellectuals, as opposed to any inherent economic flaw, the volume suggests collectively that the propagation of such historical myths is in fact harmful to the functioning of a properly free capitalist society. 

Cody & Ostrem, E-10.

Stock Code: 245518

close zoom-in zoom-out close zoom