The Road To Serfdom By Friedrich (Paperback, 2005)

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This is a condensed edition of ' The Road to Serfdom' republished in this edition with ' The Intellectuals & Socialism' (originally published in 1949) In ' The Road to Serfdom' F A Hayek set out the danger posed to freedom by attempts to apply the principles of wartime economic & social planning to the problems of peacetime Hayek argued that the rise of Nazism was not due to any character failure on the part of the German people but was a consequence of the socialist ideas that had gained common currency in Germany in the decades preceding the outbreak of war Such ideas Hayek argued were now becoming similarly accepted in Britain & the USA On its publication in 1944 ' The Road to Serfdom' caused a sensation Its publishers could not keep up with demand owing to wartime paper rationing Then in April 1945 Reader's Digest published a condensed version of the book & Hayek's work found a mass audience This condensed edition was republished for the first time by the IEA in 1999 Since then it has been frequently reprinted There is an enduring demand for Hayek's relevant & accessible message The ' Road to Serfdom' is republished in this impression with ' The Intellectuals & Socialism' originally published in 1949 in which Hayek explained the appeal of socialist ideas to intellectuals
- the 'second-hand dealers in ideas' Intellectuals Hayek argued are attracted to socialism because it involves the rational application of the intellect to the organisation of society while its utopianism captures their imagination & satisfies their desire to make the world submit to their own design