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The Road to Serfdom Paperback | Pages: 274 pages
Rating: 4.18 | 17767 Users | 1129 Reviews

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Title:The Road to Serfdom
Author:Friedrich A. Hayek
Book Format:Paperback
Book Edition:Fiftieth Anniversary Edition
Pages:Pages: 274 pages
Published:October 15th 1994 by University Of Chicago Press (first published September 18th 1944)
Categories:Economics. Politics. Philosophy. Nonfiction. History. Classics. Political Science

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A classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a century. Originally published in England in the spring of 1944—when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the socialist program—The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. Hayek, the collectivist idea of empowering government with increasing economic control would inevitably lead not to a utopia but to the horrors of nazi Germany and fascist Italy.

First published by the University of Chicago Press on September 18, 1944, The Road to Serfdom garnered immediate attention from the public, politicians, and scholars alike. The first printing of 2,000 copies was exhausted instantly, and within six months more than 30,000 were sold. In April of 1945, Reader's Digest published a condensed version of the book, and soon thereafter the Book-of-the-Month Club distributed this condensation to more than 600,000 readers. A perennial best-seller, the book has sold over a quarter of a million copies in the United States, not including the British edition or the nearly twenty translations into such languages as German, French, Dutch, Swedish, and Japanese, and not to mention the many underground editions produced in Eastern Europe before the fall of the iron curtain.

After thirty-two printings in the United States, The Road to Serfdom has established itself alongside the works of Alexis de Tocqueville, John Stuart Mill, and George Orwell for its timeless meditation on the relation between individual liberty and government authority. This fiftieth anniversary edition, with a new introduction by Milton Friedman, commemorates the enduring influence of The Road to Serfdom on the ever-changing political and social climates of the twentieth century, from the rise of socialism after World War II to the Reagan and Thatcher "revolutions" in the 1980s and the transitions in Eastern Europe from communism to capitalism in the 1990s.

F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and the principal proponent of libertarianism in the twentieth century.

On the first American edition of The Road to Serfdom:
"One of the most important books of our generation. . . . It restates for our time the issue between liberty and authority with the power and rigor of reasoning with which John Stuart Mill stated the issue for his own generation in his great essay On Liberty. . . . It is an arresting call to all well-intentioned planners and socialists, to all those who are sincere democrats and liberals at heart to stop, look and listen."—Henry Hazlitt, New York Times Book Review, September 1944

"In the negative part of Professor Hayek's thesis there is a great deal of truth. It cannot be said too often—at any rate, it is not being said nearly often enough—that collectivism is not inherently democratic, but, on the contrary, gives to a tyrannical minority such powers as the Spanish Inquisitors never dreamt of."—George Orwell, Collected Essays

Point Books In Favor Of The Road to Serfdom

Original Title: The Road to Serfdom
ISBN: 0226320618 (ISBN13: 9780226320618)
Edition Language: English

Rating Based On Books The Road to Serfdom
Ratings: 4.18 From 17767 Users | 1129 Reviews

Appraise Based On Books The Road to Serfdom
We are today living out the dim echolike light from a fading starof a debate conducted seventy years ago by men (John Meynard Keynes and Friedrich Hayek) born for the most part in the late nineteenth century. To be sure, the economic terms in which we are encouraged to think are not conventionally associated with these far-off political disagreements. And yet without an understanding of the latter, it is as though we speak a language we do not fully comprehend.- Tony Judt What is Living and What

I tried to read this several times, beginning back when I almost convinced myself I might be able to understand (read: respect) what Republicans were thinking. I'm sorry to say that is over, at least for now. If we can lie, cheat, and steal our way to power, what difference does it make what is just?I made some notes before I gave up. Putting them here in case I ever get back to this in time to challenge Paul Ryan personally.This book has gone through so many editions, it is worth noting which

Hayek, an Austrian who moved to Britain in the 1930s, sounded as clear a set of warnings for Britain and America in 1944 against the dangers of creeping socialism as Alexis de Tocqueville had done for France and America 100 years previously. Hayek saw the danger for Britain contained in the Fabian socialism of H.G. Wells et al. based on how the welfare programs begun in Germany under Bismarck led to the disaster of "National Socialism" under Hitler.De Toqueville had seen the same trends in

This book captures the frustration of classical liberals (as opposed to modern liberals) when they see collectivist policies enacted despite the overwhelming evidence that socialism brings about disastrous results.Having grown up and lived in Austria during World War I and later moving to Great Britain, Hayek was particularly frustrated when he saw Britain and the United States making the same mistakes of the Nazi Germany and the Soviet Union. Hayek argues that collectivism eventually leads to

The Road to Serfdom is not an anti-government book, it's definitely not a libertarian or pro-laissez-faire capitalism or even a pro-democracy book. It's purely and simply an anti-socialism book. And, just to be clear, to Hayek, socialism primarily means central-planning. It's chapter after chapter of reasons why socialism, despite it's apparently noble goals, both will not work in the practical sense, and how it tends to lead to totalitarianism.Hayek's arguments are level-headed and logical. He

(going to make an exception to my only-radicals rule. It's always important to know your enemies. It comes recommended by Perry Anderson.)

The historical analysis upon which this book depends amounts to nothing more than extremely poor scholarship masquerading as thoughtful contrarianism. Hayek's conflation of Nazism with Socialism merely because they have similar names in German is an example of stupidity on the level of mistaking the PATRIOT Act for patriotism or the Ministry of Peace for peacefulness. This distracting error is unfortunately the foundation of the entirety of his argument. His theory of authoritarianism consists

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