Download A Macat Analysis of Friedrich Hayek's The Road to Serfdom AudioBook Free
Austrian-born economist Friedrich Hayek's 1944 work, The Road to Serfdom, analyzes the ways in which excessive authorities planning can erode democracy. Published while World Conflict II still raged, the task draws influential parallels between your totalitarianism of both socialism and Nazism and increasing control exerted by American democracies. Sketching on observable data from Fascist Italy, Nazi Germany, and the Soviet Union, Hayek shows the ways in which government financial planning, specifically, erodes the mechanisms of democracy and specific independence along with it. A key work of the post-World Conflict II time, The Road to Serfdom continues to be relevant today, more than 70 years after it was first published. It is still hailed by competitors of big authorities and central planning as well as defenders of free-market capitalism. Hayek has been translated into more than 20 languages and has affected the economic policies of many governments.