English

Road To Serfdom In Cartoons - Look Magazine - Frederick Hayek

The Road to Serfdom ( German : Der Weg zur Knechtschaft ) is a book written between 1940 and 1943 by Austrian British economist and philosopher Friedrich Hayek , in which the author "[warns] of the danger of tyranny that inevitably results from government control of economic decision-making through central planning ." [1] 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 general view among British academics that fascism (including National Socialism ) was a capitalist reaction against socialism . He argued that fascism, National Socialism and socialism had common roots in central economic planning and empowering the state over the individual.

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