Mises Daily
Author:
Thomas J. DiLorenzo
Online Publish Date:
In Chapter 5 of The Road to Serfdom (”Planning and Democracy”), F.A. Hayek warned that the state need not directly control all or even most of the means of production to exert totalitarian control over the economic life of the nation. He cited the example of Germany where, as of 1928, “the central and local authorities directly control the use of