The listening experience is very good: 5 out of 5. The narrator, William Hughes, reads Hayek confidently, articulately, and with intonation that keeps listeners engaged like they're listening to a lecturer who knows what he is talking about.
I was drawn to this book as a liberal who wanted to know of what charges and counter points to socialism existed in the mid 20th century, and why Hyak insisted that progressive ideology leads to tyranny. It did not disappoint.
I approached this book with a completely open mind, and I must say I learned a great deal from it. Hayek's main points were delivered in a clear and lucid fashion, easy to understand, and cause many epiphanies and "ahah" moments while I was exercising at the gym.
It's readability is high for people who enjoy reading on such subjects of liberty, history, freedom, and social ideas. His challenge against socialist ideology is that the collectivization of values in society, and the never ending debate of the means and ends of a socialist society, is not conducive to freedom but rather it is conducive to tyranny. He asserts that we should avoid it at all costs to preserve the freedom to choose our own values, our own means and ends, and our own economic livelihood.
This book is excellent and I highly recommend it to liberals and conservatives alike. For the liberal, you will learn the sacrifices individuals make in socialist societies and begin to question how much liberty you sacrifice for your own collectivist values. For conservatives, you will learn the fundamental arguments in favour of drastically small government and the importance of individual agency over collectivist thinking.
Even after 60 plus years this book has a powerful message that resonates. F.A. Hayek's projections of what a socialist society inadvertently leads to is dead bang on. Thoughtful readers on the left and right will be able to recognize how accurate Mr. Hayek's by reading today's news stories.
I was educated into oblivion but have overcome it and am having a wonderful life
I'm learning from a scholar whose work spans a good part of the 20th century. It's particularly enlightening to learn the specifics and the philosophical underpinnings throughout this analysis of socialism vs the American way.
I don't know of another book with this breadth, this depth, and this degree of scholarship that could compare.
When I read I stop and ponder too often and so often don't continue. Listening helps me to continue on to hear the main points and so I get a better overview of the subject matter.
I've wanted to read this but was afraid to buy it because I thought I'd get bogged down. Instead, I'm finding it to be an easy listen, it makes great sense, it's understandable, and I gain an appreciation for what I've grown up with here in the USA.
While the information in slow at first it is well worth the listen. This should be required reading in public schools,it would produce a well informed population and stop politicians for talking so much crap.
I'm sure this was a good and ground-breaking book for it's day, but after about 2 chapters I had to turn it off. The way people wrote in the 1940s is just painful. I kept wanting to scream, "Ok, ok, I get it!!! Stop repeating yourself!!". The author takes pages and pages to say what could be said in a paragraph of circa 2011 prose. I regret wasting a credit on this one. You're better off getting something written within the last decade, maybe a Thomas Sowell book or something.
This classic by economist Friedrich Hayek, written in the midst of World War II, expresses his fear that any form of socialism will inevitably result in either a Nazi style dictatorship or a Soviet style dictatorship. This is the book that Glenn Beck et al cite when making their claim that Obama is a Nazi ( some people crave preposterous hyperbole like monkeys crave bananas ). While history has proven that Marxism is a disastrous, horrendous failure, other milder forms of socialism, as common in Europe, have clearly not resulted in either dictatorship or serfdom. Less efficient economies? Yes. Serfdom? Absolutely not.