Commentary
In the trajectory laid out by F.A. Hayek in his 1944 book “The Road to Serfdom,” dictatorship is the end game of a period of immense government failure. The ruling class begins by tinkering with the normal function of markets and society with some high goal in mind (think: virus eradication) and the results are the opposite of what’s intended. The crisis gets worse, but the public becomes more incredulous. At this point, there’s a choice to make: Continue with the supposed inefficiencies of democracy or move to full-on dictatorship.
