The Road to Serfdom

The Road to Serfdom is a classic work in political philosophy, intellectual and cultural history, and economics. This influential book has both inspired and infuriated politicians, scholars, and general readers for decades. Originally published in England in 1944, The Road to Serfdom offers a passionate warning against the dangers of state control over the means of production.

Friedrich A. Hayek argues that the collectivist idea of empowering government with increasing economic control would inevitably lead not to a utopia, but to the horrors experienced in Nazi Germany and Fascist Italy. First published by the University of Chicago Press on September 18, 1944, the book garnered immediate attention and popularity. The first printing of 2,000 copies sold out instantly, and within six months, more than 30,000 copies were sold.

A perennial best-seller, The Road to Serfdom has sold over a quarter of a million copies in the United States alone, not including its British edition or the many translations into languages such as German, French, Dutch, Swedish, and Japanese. It stands alongside works by Alexis de Tocqueville, John Stuart Mill, and George Orwell for its timeless meditation on the relationship between individual liberty and government authority.

This influential book continues to impact political and social climates, from the rise of socialism after World War II to the Reagan and Thatcher revolutions in the 1980s, and the transitions in Eastern Europe from communism to capitalism in the 1990s.

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