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Category: Road to Serfdom

Road to Serfdom

Road to Serfdom

(Socialism vs Free-market) A great deal has been written of the freedom thought to be had by employing those powerful philosophies of either ‘Socialism or Fascism’ to govern a population. Famously a book was published in 1944 that is worthy of consideration regarding their consequences. These were the views, at that time, of Frederich Hayek, an Austrian-British economist. He argues that there must be freedom in economic affairs. That centralised planning by government would inevitably lead to ‘totalitarianism’. His central…

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