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Summary Of Collectivism In The Road To Serfdom

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Socialism is the reason this book was created. Socialism is a form of government in which social ownership and democratic control of the means of production is favored over free enterprise in which businesses act and operate competitively without government regulation. Socialism is a form of government in which the government has control over nearly everything, and this then leads to a planned society in which freedoms are lost. Chapter Three in Hayek’s The Road to Serfdom describes that socialism leads to a loss of individualism, and an increase in collectivism. What is collectivism you may ask? Collectivism is the practice of giving a group priority of each individual within it. Activists for planning agree that it is a good idea that if

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