Instructional Video

An Introduction to Friedrich Hayek's The Road to Serfdom

Friedrich Hayek's 20th century work The Road to Serfdom warns readers against classical socialism and its tendency to stem from good intentions into total tyranny and control. A brief video explains Hayek's points about socialism and capitalism with an example of a society run by the pancake market, and later regulated by the Pancake Authority.

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CCSS: Adaptable
Instructional Ideas
  • Use as an introduction to a lesson on classical socialism
  • Have learners research the history of the government systems in various countries and compare them to Hayek's analysis
Classroom Considerations
  • Comment section is open to the public and is full of opinions
  • Check out the publisher's website to find the full video analysis, which is available with a paid subscription or free trial membership
  • Real-world example helps to drive the point home
  • Animation keeps learners of all skill levels engaged
  • None