The idea that human kind can shape the world according to wish is what I call the fatal conceit
Interpretation
Humanity's belief in its ability to control and shape the world can lead to misguided decisions.
In this quote, Friedrich August Von Hayek expresses skepticism about the notion that humans can fully control or engineer society and the world according to their desires. He refers to this belief as 'the fatal conceit,' suggesting that such an arrogant assumption can lead to negative consequences and unanticipated outcomes, as it underestimates the complexity of social and economic systems that are far beyond any individual's or group's capacity to manipulate directly.
In practice
This quote can be used in a discussion about economic policies that attempt to centrally plan outcomes.
What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not. It is only because the control of the means of production is divided among many people acting independently that nobody has complete power over us, that we as individuals can decide what to do with ourselves.
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
It is only because the majority opinion will always be opposed by some that our knowledge and understanding progress... it is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.
Fascism is the stage reached after communism has proved an illusion.
It is because freedom means the renunciation of direct control of individual efforts that a free society can make use of so much more knowledge than the mind of the wisest ruler could comprehend.
The importance of our being free to do a particular thing has nothing to do with the question of whether we or the majority are ever likely to make use of that particular possibility. To grant no more freedom than all can exercise would be to misconceive its function completely. The freedom that will be used by only one man in a million may be more important to society and more beneficial to the majority than any freedom that we all use.
Nationalism has two fatal charms for its devotees: It presupposes local self-sufficiency, which is a pleasant and desirable condition, and it suggests, very subtly, a certain personal superiority by reason of one's belonging to a place which is definable and familiar, as against a place that is strange, remote.
And this, our life, exempt from public haunt, finds tongues in trees, books in the running brooks, sermons in stones, and good in everything.
We wait. We are bored. (He throws up his hand.) No, don't protest, we are bored to death, there's no denying it. Good. A diversion comes along and what do we do? We let it go to waste. Come, let's get to work! (He advances towards the heap, stops in his stride.) In an instant all will vanish and we'll be alone more, in the midst of nothingness!
Although we are all the same in not wanting problems and wanting a peaceful life, we tend to create a lot of problems for ourselves. Encountering those problems, anger develops and overwhelms our mind, which leads to violence. A good way to counter this and to work for a more peaceful world is to develop concern for others. Then our anger, jealousy and other destructive emotions will naturally weaken and diminish.
When you ask a person to jump, his attention is mostly directed toward the act of jumping and the mask falls so that the real person appears.
Colinialism hardly ever exploits the whole of a country. It contents itself with bringing to light the natrual resources, which it extracts, and exports to meet the needs of the mother country's industries, thereby allowing certain sectors of the colony to become relatively rich. But the rest of the colony follows its path of under-development and poverty, or at all events sinks into it more deeply.
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