The Road to Serfdom by Friedrich von Hayek

"The Road to Serfdom" is a classic work of political philosophy and economics that argues against the concept of socialism and centralized economic planning. The author asserts that such systems inevitably lead to totalitarianism, infringing upon individual liberties and stifling innovation. The book further posits that only through free-market capitalism can societies maintain political and economic freedom. The author also explores the dangers of government control over means of production, illustrating that it leads to a loss of personal freedoms and the rise of dictatorial regimes.

The 906th greatest book of all time

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Total Points: 399

Since this book was first published in 1944, there is a penalty of 0%. The age adjusted score is 399.0.

This is to prevent newer books from reaching super high on the ranked list of the greatest books of all time. The greatest books should also stand the test of time.