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This is a condensed edition of 'The Road to Serfdom' republished in this edition with 'The Intellectuals and Socialism' (originally published in 1949).
Newly edited by Dr. C.W. Asher, corresponding member of the Commission centrale de Statistique du Royaume Belge, the statistical societies of London and Frankfurt a. M. and the Societe d'economie charitable in Paris.
This book examines one particular form of democracy - consociational democracy, which means that it may be difficult, but not impossible, to achieve and maintain a stable democratic government in a plural society.