Chapter 15, The Prospects of International Order Summary and Analysis

The abandonment of liberalism is seen in international relations. There is little hope for international peace when every country follows whatever course it wants, immune to the effects on other countries. National boundaries should not delineate difference in living standard or resource wealth. This leads to conflict between the countries. Germany is the first to go this route and other nations followed its lead.

The less agreement there is the more it leads to coercion and conflict. People are willing to sacrifice for their own countrymen but not for others. Hayek points out that the British would never live with this kind of scheme. Planning on an international scale will not work for these reasons. It is the result of a small ruling group, forcing their wishes on the whole. The...