what was hayeks primary concern with state economic planning? it favored the poor it led to fascism it wasnt…
what was hayeks primary concern with state economic planning? it favored the poor it led to fascism it wasnt efficient it could lead to a new form of serfdom
Answer
Brief Explanations:
Friedrich Hayek was concerned that state - economic planning could lead to a new form of serfdom as it restricts individual freedoms and economic self - determination. He argued that central planning undermines the market mechanisms that are crucial for a free society.
Answer:
It could lead to a new form of serfdom