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The Road to Serfdom (German: Der Weg zur Knechtschaft) is a book by the Austrian-British economist and philosopher Friedrich Hayek. In the book, Hayek "[warns] of the danger of tyranny that inevitably results from government control of economic decision-making through central planning ."
- F. A. Hayek, Bruce Caldwell
- 1944
The Road to Serfdom is the seminal work of Friedrich Hayek, a British-Austrian economist and philosopher regarded as one of the leading classical liberal thinkers of the 20 th century. The book contends that socialist ideals can ultimately only be achieved by totalitarian means.
Apr 9, 2024 · What is promised to us as the Road to Freedom is in fact the Highroad to Servitude. For it is not difficult to see what must be the consequences when democracy embarks upon a course of planning. The goal of the planning will be described by some such vague term as “the general welfare.”
26 THE ROAD TO SERFDOM the consummationofthe agelong struggle for freedom inwhich the attainment ofpolitical freedom was but a first step. The subtle change in meaning to which the word freedom was subjected in order that this argument should sound plaus ible is important. To the great apostles ofpolitical freedom the
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The Road to Serfdom: A History and Analysis - Mastering Hayek. Summary. “The Road to Serfdom” is a book written by F.A. Hayek during World War II. The book expressed his fears of socialism and government intervention in the market that could result in the loss of individual liberty and capitalism.
It may mean, and is often used to describe, merely the ideals of social justice, greater equality, and security, which are the ultimate aims of socialism.
The Road to Serfdom is a book written by the Austrian-born economist and philosopher Friedrich von Hayek (1899–1992) between 1940 and 1943. In the book he warned of the danger of tyranny which comes from "government control of economic decision-making by central planning ". [1] He means the way fascist, communist and socialist governments try ...
