Friedrich Hayek a Nobel Prize Austrian) economist wrote a well known short book called The Road to Serfdom saying many of the same things.
It’s really more a work of social philosophy or political science than econ. In it he looks at the various reasons, poverty-related and-wealth related that economies tend to start centralizing.
It’s been probably two decades since I’ve read it, but basically he states it begins in a mundane, proper fashion with such things as public works, a social safety net and regulating externalities and economic necessity brought on by wars. IIRC he theorized (finally commiting his thoughts to paper in 1944), that IF once that happens a certain mindset is adopted by even a large minority of the population, a slow but terrible snowball effect can be unleashed in which there is more and more central control of the economy until eventually whichever large minority has the most political pull can and does use the central planning function to empower itself over others and ultimately becomes lords and ladies over the rest of society which ultimately becomes much like tge serfs and peasants of old.
In fact, it follows from his argument that THAT is how the English nobility was founded,
IS the reason communist states start out fighting for the workers but in the end only serve the interests of party cadres and functionaries etc. etc…
Not surprisingly he was an Austrian economist.