Economic Equality in the Co-Operative Commonwealth

The book "The Road to Serfdom" was published in 1933 and discussed the possibility of a new and orderly economic system to realize social justice. It argued that complete equality of reward was necessary for a stable order and addressed many of the concerns of the existing order.

Format: Hardback
Length: 376 pages
Publication date: 31 March 2023
Publisher: Taylor & Francis Ltd

Originally published in 1933, in the midst of the Great Depression, this book delved into the realm of envisioning a new and orderly economic system aimed at achieving social justice. The author firmly asserted that the sole guarantee of a stable order lay in the complete equality of reward. While the book embraced a utopian vision, it nonetheless addressed numerous concerns of the (then) prevailing order.

The book explores the root causes of disparities among individuals, provides a concise overview of the capitalist economic theory, and investigates the economics of the growing demand for social and economic equality. It then delves into a detailed examination of the most effective economic organization to ensure and safeguard the welfare of the population, based on the principles of equality. This is followed by a comprehensive discussion of the economic principles involved in price-fixing and foreign trade.

The author's insightful analysis and thought-provoking ideas shed light on the complexities of economic systems and offer valuable insights into the pursuit of a more equitable and just society. This timeless work continues to be relevant and influential, inspiring economists, policymakers, and social activists alike to explore new avenues for achieving economic and social equality.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032434537