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The Road to Serfdom

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The Road to Serfdom

non-fiction work by Friedrich von Hayek

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About The Road to Serfdom

The Road to Serfdom 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." He further argues that the abandonment of individualism and classical liberalism inevitably leads to a loss of freedom, the creation of an oppressive society, the tyranny of a dictator, and the serfdom of the individual. Hayek challenged the view, popular among British Marxists, that fascism was a capitalist reaction against socialism. He argued that fascism, Nazism, and state-socialism had common roots in central economic planning and empowering the state over the individual.

Facts from Wikidata (CC0). Image by Cover art: non applicable; publisher: Routledge Press (UK) via Wikimedia Commons (Public domain).

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