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The Road to Serfdom

A Classic Warning Against the Dangers to Freedom Inherent in Social Planning

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Hayek's central thesis is that all forms of collectivism, whether Nazism or socialism, inevitably lead to tyranny and the suppression of freedoms, as evidenced at the time by the examples of Nazi Germany, the Soviet Union, and other countries in the communist bloc. The author argues that in a centrally planned economy, the allocation of resources is the responsibility of a small group, which is incapable of processing the vast amount of information necessary for the proper distribution of these goods at their disposal. Given the enormous concentration of power in the hands of a limited number of bureaucrats, disagreements regarding the implementation of economic policies would inevitably lead to the use of force by the government to ensure that its measures are tolerated.

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The Road to Serfdom, Friedrich A. von Hayek

Taal
Jaar van publicatie
1976
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Titel
The Road to Serfdom
Ondertitel
A Classic Warning Against the Dangers to Freedom Inherent in Social Planning
Taal
Engels
Jaar van publicatie
1976
Formaat
Paperback
Aantal pagina's
240
ISBN10
0226320782
ISBN13
9780226320786
Reeks
Beoordeling
4,25 van 5
Aantekening
Hayek's central thesis is that all forms of collectivism, whether Nazism or socialism, inevitably lead to tyranny and the suppression of freedoms, as evidenced at the time by the examples of Nazi Germany, the Soviet Union, and other countries in the communist bloc. The author argues that in a centrally planned economy, the allocation of resources is the responsibility of a small group, which is incapable of processing the vast amount of information necessary for the proper distribution of these goods at their disposal. Given the enormous concentration of power in the hands of a limited number of bureaucrats, disagreements regarding the implementation of economic policies would inevitably lead to the use of force by the government to ensure that its measures are tolerated.