Road to Serfdom

ISBN-10: 0226320618
ISBN-13: 9780226320618
Edition: 50th (Anniversary)
List price: $14.00
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Description: A classic work in political philosophy, intellectual and cultural history, and economics,The Road to Serfdomhas inspired and infuriated politicians, scholars, and general readers for half a century. Originally published in England in the spring of  More...

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Book details

List price: $14.00
Edition: 50th
Publisher: University of Chicago Press
Publication date: 10/15/1994
Binding: Paperback
Pages: 320
Size: 5.25" wide x 8.00" long x 0.75" tall
Weight: 0.880
Language: English

A classic work in political philosophy, intellectual and cultural history, and economics,The Road to Serfdomhas 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 Serfdomwas 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 Serfdomgarnered 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 Digestpublished 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 Serfdomhas 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 ofThe Road to Serfdomon 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 ofThe 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 essayOn 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

Introduction to the Fiftieth Anniversary
Preface to the 1976 Reprint Edition
Preface to the 1956 Paperback Edition
Preface to the 1944 Edition
Introduction
The Abandoned Road
The Great Utopia
Individualism and Collectivism
The "Inevitability" of Planning
Planning and Democracy
Planning and the Rule of Law
Economic Control and Totalitarianism
Who, Whom?
Security and Freedom
Why the Worst Get on Top
The End of Truth
The Socialist Roots of Nazism
The Totalitarians in Our Midst
Material Conditions and Ideal Ends
The Prospects of International Order
Conclusion
Bibliographical
Note
Index

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