Is There a ‘Road to Serfdom’?

Abstract

A PREDOMINANT THEME OF TWENTIETH-CENTURY CLASSICAL liberal thought is the claim that piecemeal acts of intervention by government in a free economy and society will, if continued over an unspecified period of time, bring about the transformation of that society into a totalitarian regime in which all but the most trivial decisions affecting an individual are taken by the state. The crucial feature of the liberal's argument is that this process generates an outcome which was not intended by the originators of the acts of intervention: it is the method or mechanism of intervention itself which produces a state of affairs undesired by both non-statists and (at least moderate) collectivists alike. Thus, in addition to general economic and moral arguments that a classical liberal might raise against, say, a nationalized health service, he also maintains that an abridgement of the right to provide health care privately, which the collectivist does not value, must set in motion a process which culminates in the direction of medical personnel, and the prevention of the emigration of doctors by the state, to which, presumably, the moderate collectivist would himself object.