A modern reframing of Friedrich Hayek’s most famous work for the 21st century.

Friedrich Hayek’s The Road to Serfdom was both an intellectual milestone and a source of political division, spurring fiery debates around capitalism and its discontents. In the ensuing discord, Hayek’s true message was lost: liberalism is a thing to be protected above all else, and its alternatives are perilous.

In Liberalism’s Last Man, Vikash Yadav revives the core of Hayek’s famed work to map today’s primary political anxiety: the tenuous state of liberal meritocratic capitalism—particularly in North America, Europe, and Asia—in the face of strengthening political-capitalist powers like China, Vietnam, and Singapore. As open societies struggle to match the economic productivity of authoritarian-capitalist economies, the promises of a meritocracy fade; Yadav channels Hayek to articulate how liberalism’s moral backbone is its greatest defense against repressive social structures.

Preface
Introduction
Chapter One The Abandoned Road
Chapter Two The Great Utopia
Chapter Three Individualism and Collectivism
Chapter Four The “Inevitability” of Planning
Chapter Five Planning and Democracy
Chapter Six Planning and the Rule of Law
Chapter Seven Economic Control and Totalitarianism
Chapter Eight Who, Whom?
Chapter Nine Security and Freedom
Chapter Ten Why the Worst Get on Top
Chapter Eleven The End of Truth
Chapter Twelve The Socialist Roots of Nazism
Chapter Thirteen The Totalitarians in Our Midst
Chapter Fourteen Material Conditions and Ideal Ends
Chapter Fifteen The Prospects of International Order
Conclusion
Acknowledgments
Closing Notes