The Road to Serfdom. With foreword by John Chamberlain

Hayek, Friedrich; Chamberlain, John (Foreword)

University of Chicago Press, 1944

Bound in publisher's blue cloth. 2nd printing. $2.75 price on dust jacket. Hardcover and dust jacket. Good binding and cover. Large tears to dust jacket with loss. Dust jacket in protective mylar cover. Scattered underlining and markings. vi, 248 p., 21 cm. 

"This spell-binding book is a classic in the history of liberal ideas. It was singularly responsible for launching an important debate on the relationship between political and economic freedom. It made the author a world-famous intellectual. It set a new standard for what it means to be a dissident intellectual. It warned of a new form of despotism enacted in the name of liberation. And though it appeared in 1944, it continues to have a remarkable impact. No one can consider himself well-schooled in modern political ideas without having absorbed its lessons. What F.A. Hayek saw, and what most all his contemporaries missed, was that every step away from the free market and toward government planning represented a compromise of human freedom generally and a step toward a form of dictatorship--and this is true in all times and places. He demonstrated this against every claim that government control was really only a means of increasing social well-being. Hayek said that government planning would make society less livable, more brutal, more despotic. Socialism in all its forms is contrary to freedom. Nazism, he wrote, is not different in kind from Communism. Further, he showed that the very forms of government that England and America were supposedly fighting abroad were being enacted at home, if under a different guise. Further steps down this road, he said, can only end in the abolition of effective liberty for everyone. Capitalism, he wrote, is the only system of economics compatible with human dignity, prosperity, and liberty. To the extent we move away from that system, we empower the worst people in society to manage what they do not understand. The beauty of this book is not only in its analytics but in its style, which is unrelenting and passionate. Even today, the book remains a source of controversy. Socialists who imagine themselves to be against dictatorship cannot abide his argument, and they never stop attempting to refute it." - Mises Institute