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- Abstract:
Presents information on the relevance of the book "The Road To Serfdom," by Friedrich Hayek written half a century ago. Discussion on the beginning of a major turn in modern history; Details of sales figure; Sale of one million copies in the U.S. and Britain; Description by Hayek that fascism and socialism were not opposites as most people thought in 1944 but just different styles of despotism; Socialists seek to achieve their aim not by central planning but by redistribution via taxation.
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