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The leading theorist of modern right-wing political movements was an Austrian economist called Friedrich Hayek. FURTHER READING "Friedrich August von Hayek (1899-1992) was a political economist who had a tremendous influence upon how people in capitalist societies understand the concept of liberty. Controversially, for Hayek ‘liberty’ did not mean democracy or a commitment to a set of ‘liberal’ ideals. Rather, Hayek believed that liberty was ‘a policy which deliberately adopts competition, markets and prices as its ordering principles’......" You can read more about this and other subjects here: http://bit.ly/29ov8pg MORE SCHOOL OF LIFE Watch more films on PHILOSOPHY in our playlist: http://bit.ly/1gfQCEu SOCIAL MEDIA Feel free to follow us at the links below: Facebook: https://www.facebook.com/theschooloflifelondon/ X: https://twitter.com/TheSchoolOfLife Instagram: https://www.instagram.com/theschooloflifelondon/ CREDITS Written by Chris Grocott http://www2.le.ac.uk/departments/management/people/chris-grocott https://www.leicester.academia.edu/chrisgrocott Produced in collaboration with Reflective Films http://www.reflectivefilms.co.uk/ #TheSchoolOfLife

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