The Road to Serfdom

#10 in Economics

The Road to Serfdom

Friedrich Hayek

First published 1944Original language EN

7.97.9 / 10
Score out of 1076 ratingsConfidence 34%: this much of the score is the readers’ own
#10 of 26 in Economics ahead of 64% of the category
248
Pages
about 4.5 h
Reading time

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About the book

The Road to Serfdom is a book by the Austrian-British economist and philosopher Friedrich Hayek. In the book, Hayek "[warns] of the danger of tyranny that inevitably results from government control of economic decision-making through central planning." He further argues that the abandonment of individualism and classical liberalism inevitably leads to a loss of freedom, the creation of an oppressive society, the tyranny of a dictator, and the serfdom of the individual. Hayek challenged the view, popular among British Marxists, that fascism was a capitalist reaction against socialism. He argued that fascism, Nazism, and state-socialism had common roots in central economic planning and empowering the state over the individual.

Description: Wikipedia, licensed CC BY-SA 4.0

Where the score comes from

The sources average 8.0 across 76 ratings — not yet many, so the reader vote carries 33% of the weight and the rest pulls toward the Economics average of 7.8. That is how 7.9 comes out.

SourceAverageRatingsWeight
Open Library8.712 16%
Hardcover7.964 84%

Reader voices

The most-liked reviews on Hardcover (credited to their authors).

  • “The Road to Serfdom is not an anti-government book, it's definitely not a libertarian or pro-laissez-faire capitalism or even a pro-democracy book. It's purely and simply an anti-socialism book. And, just to be clear, to Hayek, socialism primarily means central-planning. It's chapter after chapter of…”

    ★ 4/5anon on Hardcover

  • “The book is a constant attack to the idea of a centralized government controlling the economy. My political bias make me love the ideas on It, but I feel kinda defaced on time, Hayek make a lot of references to the England and Germany of…”

    ★ 4/5anon on Hardcover

Frequently asked

How long is The Road to Serfdom?

It has 248 pages — shorter than 92% of the ranked books in Economics.

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