The Road to Serfdom

Front Cover
Psychology Press, 2001 - Business & Economics - 256 pages
The Road to Serfdom remains one of the all-time classics of twentieth-century intellectual thought. For over half a century, it has inspired politicians and thinkers around the world, and has had a crucial impact on our political and cultural history. With trademark brilliance, Hayek argues convincingly that, while socialist ideals may be tempting, they cannot be accomplished except by means that few would approve of. Addressing economics, fascism, history, socialism and the Holocaust, Hayek unwraps the trappings of socialist ideology. He reveals to the world that little can result from such ideas except oppression and tyranny. Today, more than fifty years on, Hayek's warnings are just as valid as when The Road to Serfdom was first published.
 

Selected pages

Contents

The Abandoned Road
10
The Great Utopia
24
Individualism and Collectivism
33
The Inevitability of Planning
45
Planning and Democracy
59
Planning and the Rule of Law
75
Economic Control and Totalitarianism
91
Who Whom?
105
The End of Truth
157
The Socialist Roots of Nazism
171
The Totalitarians in our Midst
186
Material Conditions and Ideal Ends
207
The Prospects of International Order
225
CONCLUSION
245
BIBLIOGRAPHICAL NOTE
247
INDEX
251

Security and Freedom
123
Why the Worst Get on Top
138

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About the author (2001)

Friedrich August von Hayek (1899-1992) was born in Austria. An eminent economist and political philosopher, he won the Nobel Prize in Economics in 1974.