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The  Road To Serfdom is arguably Hayek’s most important book, and certainly the one that has had the most influence. The  main thrust of the book is the demonstration that economic planning in its last consequence  must lead to a totalitarian state. Using both abstract and historical  examples, Hayek  shows  the  impossibility of a democratic socialist system in which the freedoms and rights of the individual are respected, not without explaining the intellectual roots of the socialist and national-socialist movements. Additionally, the Austrian spends a significant amount of time disproving the notion, commonly believed even today, that fascism and socialism are two opposed ideologies; he argues that, on the contrary, both movements are the children of the same collectivist and illiberal sentiments and ideas. On the positive side, the book is a plea for democracy, the spontaneous forces governing liberal society, and the rule of law.

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