1. 80 Years Later, Are We Still on 'The Road to Serfdom'?
- Author
-
Zitelmann, Rainer
- Subjects
- *
PHILOSOPHY of economics , *BUSINESSPEOPLE , *ECONOMIC liberty , *PROPERTY rights , *ECONOMIC systems - Abstract
"The Road to Serfdom" by Friedrich Hayek, published in 1944, explores the dangers of losing economic freedom and its potential impact on other freedoms. Hayek's book gained popularity during a time when state interventionism was on the rise in Europe and the U.S. Hayek argues that National Socialism was a necessary outcome of socialist tendencies, despite attempts to distance the two ideologies. The book also highlights the connection between the loss of economic freedom and the loss of intellectual and political freedom. Hayek's warnings remain relevant today as economic freedom is in retreat and intellectual freedom is under threat. [Extracted from the article]
- Published
- 2024