Cover of Liberalism's Last Man: Hayek in the Age of Political Capitalism by Vikash Yadav

Liberalism’s Last Man: Hayek in the Age of Political Capitalism

Vikash Yadav

Hayek reread for an age in which states and capital have grown comfortable together.

Vikash Yadav examines Hayek’s thought against the emergence of political capitalism, where markets and authoritarian states coexist rather than conflict, and asks what the liberal argument retains under those conditions. A serious engagement with the tradition rather than either an endorsement or a takedown, and it tests Hayek’s own arguments rather than the caricature of them.

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Tyler Cowen

Vikash Yadav, Liberalism’s Last Man: Hayek in the Age of Political Capitalism.

Source · August 2023

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