The Road to Serfdom

The Road to SerfdomThis Classic By One Of The Twentieth Century S Leading Libertarian Thinkers Has Established Itself Beside The Works Of Orwell And Others As A Timeless Meditation On The Relationship Between Human Freedom And Government Authority Originally Published In 1944, The Road To Serfdom Has Profoundly Influenced Many Of The World S Great Leaders From Orwell And Churchill In The Mid Forties, To Reagan And Thatcher In The Eighties The Book Offers Persuasive Warnings Against The Dangers Of Central Planning, Along With What Orwell Described As An Eloquent Defense Of Laissez Faire Capitalism Hayek Shows That The Idea That Under A Dictatorial Government You Can Be Free Inside, Is Nothing Less Than A Grievous Fallacy Such Dictatorial Governments Prevent Individual Freedoms, And They Often Use Psychological Measures To Perform An Alteration Of The Character Of The People Gradually, The People Yield Their Individuality To The Point Where They Become Part Of The Collectivist Mass. 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 tyranny Central economic planning gives too much power to the government, which essentially puts that power in the hands of a small group rather than in each individual.My favorite quote Democracy and socialism have nothing in common but one word equality But notice the difference while democracy seeks equality in liberty, socialism seeks
6.0 stars On my list of All Time Favorite Books One of the most important books ever written and most concise, brilliant, scathing and impressive argument against the planned economy that has been, or likely ever will be, written Hayek, while always being respectful to the adherents of the idea that state control over resources and goals is the right approach, nevertheless absolutely destroys each and every argument and rationale alluded to by such people His general thesis that socialism, communism, fascism will inevitably lead to totalitarianism and the loss of freedom for the individual is demonstrated without skipping logical steps or leaping to a conclusion not supported by the preceding argument It is powerful, powerful stuff His conclusion is that the only way to truly create and just and free society is to re adopt the classic liberalism of the 19th century closely linked today with libertarianism Government should be limited and exist only to 1 protect the people in time of war or national emergency and 2 provide the rule of law which means basic rules that apply equally to everyone i.e.,no special treatment, no unfair treatment and that do not change and allow competition and the market to decide the success or failure of individuals This does not guaranty anyone success or failure, but rather guaranties everyone the opportunity for success or failure While such a system is not without flaws that may at times lead to abuses that
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 one is referenced Bruce Caldwell, Professor of Economics at Duke University, wrote the introduction to this 2007 edition, published, as ever, by the University of Chicago Press It is said current Speaker of the House of Representatives Paul Ryan gives out copies of this book to his staff when they begin working for him The staff must discuss the book in small groups like bible study because I guaran f ing tee you a young and busy staff in D.C will not know what the heck Hayek is talking about, much less apply it to the U.S economy in the context of the world.The ideas in this book began as a memo to the director of the London School of Economics in the 1930s, which then became a magazine article, and then, during WWII, became a monograph of its own When it was published in the United States was it 1944 it became a surprise popular hit, though hated by the intelligensia.I ski
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 is careful not to insult his opponent and goes out of his way to point out their good intentions Despite the fact that The Road to Serfdom is currently being championed by conservatives, Hayek calls himself a liberal and the book is written with fellow liberals in mind There is no contradiction Definitions, especially in the world of politics, have a way of changing Fo
The historical analysis upon which this book depends amounts to nothing 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 c
There is an old cartoon found here which summarizes the logic of this work rather perfectly Essentially, the government gets involved in your life, they dictate how you live, then they kill you The notions in this text are trifling at best.Hayek never confronts the fact that a lack of some centralized body somewhere making decisions for you does not mean an end to governance Clearly, businesses govern They also plan To take this power away from a centralized and at least ostensibly publicly accountable body and to diffuse this power throughout the business community is not to rid oneself of governance It simply means that businesses are the government.If we are to acknowledge the quite obvious tendency for capital to move toward those with the most capital, that is, for businesses to develop into monopolies and oligopolies, then one might see that Hayek s model accompli
Finally got around to reading this libertarian conservative classic It s short, but deep, combining economics, politics, sociology, and a short history of Socialist thought, to create the greatest critique of the collectivist impulse that you can read Hayek s message is blunt despite the freedom and liberality that is western man s birthright, there is an inevitable clamor for order and equality that arises from the intellligensia and the wealthy This clamor leads to the demand often in the guise of a new freedom for stronger government regulation and guidance of economic activity But the increase of government activity in the private sphere makes people so dependent on government largesse that the recipients are reduced to a modern form of serfdom forever tied to the government that can determine whether they eat or starve Hayek was writing during WW2, so much of his critique centers on the National Socialism of the Germans, but he makes clear that the Marxists and Laborites were just as bad Hayek s analysis of German thought is especially interesting, inasmuch as he traces a tendency towards planning and collectivization in Germany going back decades Rather than the modern cartoon villian portrait of Hitler that we now know, Hayek portrays that Nazis as simply finishing an effort to nationalize the German
Introduced by Chicago don Milty Friedman, who assures us that the free market is the only mechanism that has ever been discovered for achieving participatory democracy xi Preach it, Brother Milt So called collectivism had been burying purported individualism, apparently, in Padre Fred s 1944 analysis, but was unexpectedly checked by the time of Frere Milt s semicentennial celebratory gala binge Fra Milt is pleased to report that Father Fred was dead wrong in his predictions that collectivist statism was taking over the UK, mostly because central planning was sacrificed rather than individual liberty xiii i.e., parliamentary procedure kept the sky from falling , but also because collectivism is mired in bureaucratic confusion and inefficiency id That latter clich is not rigorously evidenced, but is taken as a postulate of market fundy triumphalism Confusion is of course cipher for public due process and inefficiency the normal code for unions plus intentionally non profit Gubmint nevertheless grew and tried to
, , , , , , , , , , Mill, Smith, Locke , , , , , , , , , , , , , , , , , , , , , , , , , , , . Review written in 2010The temptation here will be to try and say too much This is a short book, though it is thickly packed I won t try to relate here what the author relates in the book I will try to say a few words about the book and recommend it.This is the same book that was released in England in 1944, but it is a new edition and thus has a new intro by the author If you can get this edition I recommend it for the intro This book was written during near the end of WWII and thus will be in some ways a bit dated This is not in all ways a bad thing The author expresses an opinion that the central idea argued against in this book is no longer the main threat to liberty or freedom This he states as hot socialism It might also be called overt socialism He feels this has been superseded by subtle forms I think however this is not totally so I also think that if read with an open mind the reader will see in action many of the things the author warns of as possibilities Many have now come about and are fact instead of conjecture of things to come I ll probably mention one or two as examples below.A main reason I recommend that you find

[[ PDF ]] ✅ The Road to Serfdom Author Friedrich A. Hayek –
  • Audio CD
  • 8 pages
  • The Road to Serfdom
  • Friedrich A. Hayek
  • English
  • 24 October 2017
  • 9781441753861