Why would people embrace socialist ideals? How did European societies shift from celebrating liberalism to questioning its effectiveness? In The Road to Serfdom, Friedrich Hayek explores the rise of socialism through two key factors: a fundamental change in how people understood liberty and growing dissatisfaction with liberal economic policies. His analysis reveals how socialist ideas gained momentum by promising solutions to economic hardships and wealth inequality. Keep reading to discover how the transformation of political ideals and economic perspectives shaped one of the most significant ideological shifts in modern history.
The Rise of Socialism: Friedrich Hayek Analyzes 2 Causes
