"The Fallacy of Capitalism or Professor Hayek's Pernicious Arrogance" is the leading work of the Austrian economist and philosopher Friedrich Hayek, in which he reveals the inappropriateness of some ideologies and beliefs associated with capitalism. The author criticizes optimistic ideas about the role of the free market and openly claims that the shortcomings of capitalism can lead to negative consequences for society. In his book, Professor Hayek analyzes various aspects of capitalism, focusing on the impact of economic decisions on the political landscape and social development. He calls for attention and prudence in relations with economic structures, emphasizing the importance of a balance between the will of the market and social responsibility. "Professor Hayek's Delusion of Capitalism or the Pernicious Arrogance" is a prophetic work that challenges readers to ponder the complexity of the human-economy interaction, prompting a new awareness of the principles of capitalist society.