Hayek was a puppet of the Mont Pelerin Society, who were horrified by the evils of Keynesianism - mostly because they had to pay higher taxes - and set out to destroy its really rather successful economic record of relative stability and prosperity.

The Road to Serfdom is - ironically, given the title - directly responsible for the modern horrors of the gig economy, systemic student and other debt, mass bankruptcies caused by monopolistic privatised healthcare, and the regular fraud/boom/bust cycle that has replaced real game-changing technological progress with dysfunctional financialisation, and "innovation" which consists of the consumerised repackaging of game-changing inventions that were mostly funded by state-sponsored research.