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The End of Economic Man

In The End of Economic Man, long recognized as a cornerstone work, Peter F. Drucker explains and interprets fascism and Nazism as fundamental revolutions. In some ways, this book anticipated by more than a decade the existentialism that came to dominate the European political mood in the postwar period. Drucker provides a special addition to the massive literature on existentialism and alienation since World War II. The End of Economic Man is a social and political effort to explain the subjective consequences of the social upheavals caused by warfare.

Drucker concentrates on one specific historical event: the breakdown of the social and political structure of Europe which culminated in the rise of Nazi totalitarianism to mastery over Europe. He explains the tragedy of Europe as the loss of political faith, resulting from the political alienation of the European masses. The End of Economic Man is a book of great social import. It shows not only what might have helped the older generation avert the catastrophe of Nazism, but also how today’s generation can prevent another such catastrophe. This work will be of special interest to political scientists, intellectual historians, and sociologists.

The book was singled out for praise on both sides of the Atlantic, and is considered by the author to be his most prescient effort in social theory.

Tradition

“This is a profound reflection on contemporary understandings and misunderstandings of what tradition is. Pieper argues powerfully that the modern scientific situation, and the zeal for the new, do not and cannot supersede the human need of tradition if we are to orient ourselves in the world and find meaning. Pieper’s quest for the reconciliation of reason/science with tradition/revelation suggests Thomas Aquinas speaking in the language and context of our time.” – Timothy Fuller, Lloyd E. Worner Distinguished Service Professor, Colorado College

“Josef Pieper, in this lucid translation, shows that tradition is not the same as ‘traditionalism’; nor is it the mindless repetition of a past no longer understood. Rather, tradition is the handing down and the reception, generation after generation, of unchanging truths that originate vin a primal revelation. Pieper shows in a brilliant, paradigm-shifting way, how philosophy, theology, science, and the arts interact with tradition, and how a sense of unchanging sacred tradition is necessary for human community.” – Gene Edward Veith, Patrick Henry College

The Fatal Conceit

Hayek gives the main arguments for the free-market case and presents his manifesto on the “errors of socialism.” Hayek argues that socialism has, from its origins, been mistaken on factual, and even on logical, grounds and that its repeated failures in the many different practical applications of socialist ideas that this century has witnessed were the direct outcome of these errors. He labels as the “fatal conceit” the idea that “man is able to shape the world around him according to his wishes.”