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The Road to Serfdom

The Road to Serfdom

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F. A. Hayek argues that extensive central economic planning threatens individual freedom by concentrating decisions and power in the state. Written during the Second World War, the work became a major text in debates over socialism, markets, liberal democracy, and the limits of government. This text-and-documents edition places the book within its historical setting and gives readers additional material for evaluating its claims, influence, and continuing role in political and economic thought.

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