"The Road to Serfdom"

Paper Summary:

In this paper, the writer focuses on how Hayak demonstrates, in his work "The Road to Serfdom", the conditions that give rise to totalitarian governments in Democratic societies. The writer explains that Hayak focuses on those characteristics in our own modern society in order to help us to prevent or eliminate the conditions that could give rise to totalitarianism within the course of normal social government. The writer also notes how Hayak highlights the economic tendency towards monopolization and market domination and how it has certain totalitarian leanings.

From the Paper:

"Collectivization leads to tyranny, and is visible as a logical and inevitable result in modern day examples of totalitarianism such as in Germany and Russia, according to Hayak. That is his fundamental thesis, but it is based on tendencies of forces of society which when they take place give rise the rise of totalitarianism phenomenon thereof. Hayak was concerned with the means by which forces in society arose that could eventually give rise the external forms of totalitarianism that he cites, but he was most concerned with the specific fundamental forces giving rise to it as opposed to the acts of the totalitarianist governments once it was installed. He believed that Nazism and Fascism had the same origins, because their fundamental characteristics were the same: in totalitarian states, certain conditions gave rise to the dynamic whereby the ruthless and unsophisticated rise to the top."

Sample of Sources Used:

• Hayak, FA. The Road to Serfdom Fiftieth Anniversary Edition. Chicago:University Of Chicago Press; 1994.

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• Analytical Essay # 19690 : "The Road To Serfdom" (Fa Hayek) and "The Affluent Society" (John Galbraith)"
• Book Review # 118007 : "The Road to Whatever"

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