The Road to Serfdom

Originally published in 1944, this book offers persuasive warnings against the dangers of central planning, along with what Orwell described as "an eloquent defense of laissez-faire capitalism." Hayek shows that the idea that "under a dictatorial government you can be free inside," is nothing less than a grievous fallacy. Such dictatorial governments prevent individual freedoms and they often use psychological measures to perform "an alteration of the character of the people." Gradually, the people yield their individuality to the point where they become part of the collectivist mass.