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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: Nazism fell after World War II, but another dangerous ideology soon rose to power elsewhere.
Chapter 3: Socialism is wrongly tied to freedom and equality of choice.
Chapter 4: A planned economy has profound effects on democracy and the rule of law.
Chapter 5: Socialism results in dictatorship and steep cuts to individual freedom.
Chapter 6: Under totalitarian socialism, the worst people inevitably end up in power.
Chapter 7: Totalitarian systems gain and retain power through conformity, controlling information, and scapegoated enemies over time.
Chapter 8: After World War II, upholding individualist morals became more vital than ever before.
Description
The Road to Serfdom (1944) explains the potential of socialist systems to become totalitarian and why this was so significant after WWII. These blinks will show you how socialist planning can lead to a loss of freedom, individuality and democracy.
Who Should Listen
Anyone interested in classic liberalism
Anyone skeptical of state control over the means of production
About the Authors
Friedrich August von Hayek (1899–1992) was an Austrian-born, British economist and a co-recipient of the Nobel Memorial Prize in Economics in 1974. He was a pioneer of monetary theory, a major proponent of classic liberalism and would later receive the Presidential Medal of Freedom in 1991.