Includes bibliographical references and index.

Introduction to the Fiftieth Anniversary Edition / Milton Friedman -- 1. The Abandoned Road -- 2. The Great Utopia -- 3. Individualism and Collectivism -- 4. The "Inevitability" of Planning -- 5. Planning and Democracy -- 6. Planning and the Rule of Law -- 7. Economic Control and Totalitarianism -- 8. Who, Whom? -- 9. Security and Freedom -- 10. Why the Worst Get on Top -- 11. The End of Truth -- 12. The Socialist Roots of Naziism -- 13. The Totalitarians in Our Midst -- 14. Material Conditions and Ideal Ends -- 15. The Prospects of International Order -- 16. Conclusion.

A classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a century. Originally published in England in the spring of 1944 - when the Labour party ruled in Britain, Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed to the socialist program - The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. Hayek, the collectivist idea of empowering government with increasing economic control would inevitably lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy.