Abstract
The Road to Serfdom was written more than forty years ago, under the shadow of impending catastrophe in Western Europe. According to Hayek it was “designed almost exclusively for English readers” particularly “as a warning to the socialist intelligentsia of England” (Hayek 1967, pp. 216–17). Since “advanced” views on social matters were to be found in all parties, among friends and colleagues too, Hayek dedicated it “To the Socialists in all Parties.” During those days the belief was widespread that national socialism represented a specific German capitalist reaction against socialist exaggerations of the Weimar republic. In contrast to that, Hayek took the position that national socialism was nothing but the further development and manifestation of socialism (collectivism) as fascism and communism. Because of the fairly obvious socialist tendencies in English public opinion, Hayek feared that “… it is Germany whose fate we are in some danger of repeating” (Hayek 1944, p. 2).
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© 1987 Martinus Nijhoff Publishers, Dordrecht
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Schmidtchen, D. (1987). Hayek on Liberty and the Rule of Law: The Road to Serfdom Revisited. In: Pejovich, S. (eds) Socialism: Institutional, Philosophical and Economic Issues. International Studies in Economics and Econometrics, vol 14. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-3571-6_6
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