Barack Obama and The Road to Serfdom
The book had a profound effect on the thinking of people worldwide and created a new wave of insight that hindered the growth of statism in many countries and reversed it in some.
However now, building upon a many decades-old escalation of government power in the U.S., including the huge explosion of federal power and spending under George W. Bush, Barack Obama is proving to be not a champion of real change but a sorry caricature of the true believer in foolish pursuit of a dangerous agenda based on the exact myths of collectivism and statism that Hayek warned about.
Americans and people worldwide would be well-advised to read Hayek’s great book, which after thirty-two printings is more timely now than ever. In the meantime, here is a video based on the cartoon portrayal of the book as originally published in 1950 by Look Magazine.