Another Road to Serfdom

Are we on another road to serfdom? This author thinks so. Now the source of central power derives not from the state but from business and the wealthy. What lessons can we derive from van Hayek’s famed book? One, at least. His oversimplifications gave rise to a kind of potential serfdom that is the result of markets themselves. As Pope Francis said in 2013, quotes the author, “A new tyranny is thus born, invisible and often virtual, which unilaterally and relentlessly imposes its own laws and rules.”1Apostolic exhortation, Evangelii Gaudium, http://w2.vatican.va/content/francesco/en/apost_exhortations/documents/papa-francesco_esortazione-ap_20131124_evangelii-gaudium.html, accessed January 22, 2013.