George Rebane

F.A. Hayek was one of the world’s foremost economists and a giant among the original thinkers of the 20^th century.  In this post I want to interest readers in his ideas and works with a short discussion of one of his small and often overlooked monograms – The Intellectuals and Socialism – published in 1949, the year I arrived on these shores.

From the monogram currently published by the Mercatus Center of George Washington University we read,  “Friedrich A. Hayek, who won the Nobel Prize for Economic Science in 1974, is best known for the book the Road to Serfdom (1944), which has been widely translated.  Receiving doctorates in law and economics from the University of Vienna, Hayek served on the faculties of the universities of London, Chicago, Freiburg, and Salzburg.  (His major books may be seen here.)  Hayek has attracted a growing body of scholarship, and in February 2000 a writer in The New Yorker observed that ‘it is hardly an exaggeration to refer to the twentieth century as the Hayek century.’”

One of the main lessons from the monogram is the reader’s ability to distinguish between the purveyors of ideas variously, and often carelessly, labeled as ‘theorists’, ‘experts’, and ‘intellectuals’.  The first two are people who originate ideas and those who are actually able to implement ideas by applying their skills.  However, it is the countless intellectuals with whom we should concern ourselves.  They are overwhelmingly of the Left and populate our media, academe, institutions, and bureaucracies.  Hayek defines them as follows.

“The term “intellectuals,” however, does not at once convey a true picture of the large class to which we refer, and the fact that we have no better name by which to describe what we have called the secondhand dealers in ideas is not the least of the reasons why their power is not understood. Even persons who use the word “intellectual” mainly as a term of abuse are still inclined to withhold it from many who undoubtedly perform that characteristic function. This is neither that of the original thinker nor that of the scholar or expert in a particular field of thought. The typical intellectual need be neither: he need not possess special knowledge of anything in particular, nor need he even be particularly intelligent, to perform his role as intermediary in the spreading of ideas. What qualifies him for his job is the wide range of subjects on which he can readily talk and write, and a position or habits through which he becomes acquainted with new ideas sooner than those to whom he addresses himself.” (emphasis mine)

The intellectuals are the distributors and champions of ideas formulated by the elites.  They are drawn to the Left and socialism primarily because of its simplistic utopian vision of the future.  This is opposed to the Right’s ideology having always emphasized individual liberty and its manifold benefits.  In short, the Left’s intellectuals distribute simple easy-to-understand, high-level ideas to the masses, while those of the Right attempt to communicate their more complex ideas of, say, liberty, individual effort, and market capitalism on a person-to-person basis.

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