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Preview — The Road to Serfdom by Friedrich Hayek
The Road to Serfdom
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 t...more
It’s never too early to start planning for summer vacation. This year, I’ve decided I want to go to Utopia. I’ve heard many good things about it: there’s no crime, pollution, or disease. It’s very clean and well-maintained. In fact, it is ideal in every imaginable way. Sir Thomas More tells us that Utopia doesn't exist; it's “nowhere”, but I refuse to believe this. A simple search on teh interwebs revealed quite a few utopias to choose from:
1) How about that domed city in Logon’s Run? We s...more
His general thesis that socialis...more
Hayek's arguments are level-headed and logical. He...more
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 d...more
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) publ...more
Balderdash. If you read this book, you'll see that Hayek wrote at the end of World War II to warn about the dangers of centralized, planned economies, as opposed to economies based on competition. That's it.
Hayek is not against "big government." In fact, he says a lot about the t...more
Seperti yang saya agak, kandungan buku ini kering. 'Kering seperti tulang'. Pernah tak anda dengar perumpamaan itu dalam BM? Tak pernah, bukan? Sebabnya ialah perumpamaan itu lebih sesuai digunakan dalam bahasa asalnya. 'Dry as a bone'. Mengapa saya menyentuh perkara ini? Sebab kualiti penterjemahan buku ini ke BM amatlah tidak memuaskan. Seolah-olah si penterjemah tiada daya imaginasi. Contoh paling ketara ialah penggu...more
With all respect to Hayek and his intellect, this book falls short of being the ultimate attack on socialism it set out to be....more
- Tony Judt ‘What is Living and...more
This book is a warning to England, written during the closing days of World War II, that the policies of socialism being advocated at the time were the same policies Hayek has seen in Germany 20 years before.
On first thought, one would wonder how social...more
I've learned so much from this book. How alike socialism and fascism wer...more
De Toqueville had seen the same trends in Franc...more
Highly recommended for those wanting to learn a bit about economic policy, socialism, and how they go together.
My thanks go to Scotty Wardle for his reading tip. He ends his violent criticism on Pikkety's Capital in the 21st Century with a strong recommendation: "Go straight to F.A. Hayek's The Road To Serfdom, a book that set the record straight back in 1944. You will learn about the roots of socialism and understand that such ideas are not new and will never work, no matter how it gets repackaged." Which I did.
F.A.Hayek's book not only has a high historical value. The contents remains remarkably actual...more
Hayek makes a pair of arguments based on political science and the social sciences, then a pair of historical arguments. Despite being written in the middle of World War II (published before the war's end, even), it is completely relevant to the modern reader. There are a few historical references that are no longer familiar (figures and debates that were happening at the time), but they are shockingly similar to the debates we're...more