Naive, wishful thinking and hand-waving, in other words, bullshit.
@Capitalist Link/Citation/Reference please.
The Road to Serfdom was to be the popular edition of the second volume of Hayek's treatise entitled "The Abuse and Decline of Reason", and the title was inspired by the writings of the 19th century French classical liberal thinker Alexis de Tocqueville on the "road to servitude". In the book, Hayek "[warns] of the danger of tyranny that inevitably results from government control of economic decision-making through central planning."