Do Workers Vote For Their Own Self-Interest?

I agree with Hayek his argument it makes sense, he explains that the workers should not vote for their own self-interest In order to succeed and become employers or idle rich ourselves. Self Interest is the so called “liberal individualism”. Liberalism is the only social philosophy that makes individualism possible while in the political economics the concept limits the power for individuals and institutions. In economics, the power of the entrepreneur turns desires of the consumers, and profits are constantly leveled towards the costs and the forces of the competition. The end of liberalism is the perfection of the human being through the recognition of their own failure, the instruction of reason to the criticism, doubt, humility and intellectual exercise that follows. Without economic freedom there is also no political freedom. If the workers tend to want better wages and create policies for the workers all will ever be is a labor force. As society we became so comfortable with …show more content…
First, he strongly argues that the value of a product must be based on the time taken to produce it by the worker. The working hours should fully consist of the total value for the finished product. This does not happen in reality and he is only rewarded for the quantitative hours and not for their efforts. This situation generates surplus value, so the value added to the product enriches only the owner. This capital gain later becomes the main capital. This does not depend on whether or not the entrepreneur is honest, but it is about the different characteristic and their relations to the production, of capitalism. For this reason, the German philosopher supports the total abolition of capitalism, since it only generates social inequality. Marx proposed as an alternative communism, where the working class is organized and becomes a solid class, strong and above all aware of its potential to revolutionize the