Socialism - Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
Authoritarian - Characterized by or favoring absolute authority as against individual freedom.
Democracy- Government by the people exercised directly or through elective representives.
Q- What does Hayek say is the subtle change in meaning to which the word "freedom" was subjected?
A- "To the great apostles of political freedom the word freedom from the arbitrary power of other men release from ties which left the individual no choice but obedience to the orders of a superior to whom he was attached." p(31)
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