The Road to Serfdom made simple:
1. Plan the whole economy: someone must decide what gets made and who gets what, since people don’t naturally agree on one set of priorities.
2. These decisions are too big and detailed for normal democratic debate, so power shifts to a smaller group who can just act – technocrats.
3. Fixed laws everyone can rely on get replaced by case-by-case rulings, because a plan needs flexibility, not predictability.
4. Dissent becomes a problem to manage, not an opinion to vote on – the plan can’t work if people are free to ignore it.
5. Enforcing all that selects for people most willing to be ruthless – Hayek’s “worst get on top” – i.e. negative moral selection.
6. Since economics touches everything (your job, home, speech), controlling the economy ends up controlling your whole life.
That’s the "serfdom."
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