The Road to Serfdom

Friedrich Hayek`s 1944 Road to Serfdom is a classic of conservative economic argument. While undeniably a product of a specific time in global politics - which saw the threat of fascism from Nazi Germany and its allies beguilingly answered by the promises of socialism - Hayek`s carefully...

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Friedrich Hayek`s 1944 Road to Serfdom is a classic of conservative economic argument. While undeniably a product of a specific time in global politics - which saw the threat of fascism from Nazi Germany and its allies beguilingly answered by the promises of socialism - Hayek`s carefully constructed argument is a fine example of the importance of good reasoning in critical thinking.
Reasoning is the art of constructing good, persuasive arguments by organizing one`s thoughts, supporting one`s conclusions, and considering counter-arguments along the way. The Road to Serfdom illustrates all these skills in action; Hayek`s argument was that, while many assumed socialism to be the answer to totalitarian, fascist regimes, the opposite was true. Socialist government`s reliance on a large state, centralised control, and bureaucratic planning - he insisted - actually amounts to a different kind of totalitarianism.
Freedom of choice, Hayek continued, is a central requirement of individual freedom, and hence a centrally planned economy inevitably constrains freedom. Though many commentators have sought to counter Hayek`s arguments, his reasoning skills won over many of the politicians who have shaped the present day, most notably Margaret Thatcher and Ronald Reagan.

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Szczegóły - The Road to Serfdom