This paper examines the theoretical ideas of Friedrich von Hayek, arguably the key progenitor of the global economic orthodoxy of the past two decades. It assesses Hayek's thought as he presents it: namely as a form of liberalism. Section I argues that Hayek's thought, if liberal, is hostile to participatory democracy. Section II then argues the more radical thesis that neoliberalism is also in truth an illiberal doctrine. Founded not in any social contract doctrine, but a form of constructivism, neoliberal (...) thought at its base accepts the paradoxical need to "discipline subjects for freedom", however this might contravene peoples' natural, social inclinations. The argument is framed by reference to Aristophanes' great comedy, The Birds, whose off shore borderless empire ironically prefigures the dream of neoliberal social engineers, and their corporate supporters.
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Este artículo es un acercamiento crítico a las ideas de Friedrich Hayek, el pensador más relevante del neoliberalismo. En su obra, desarrolla una teoría social coherente para fundamentar epistemológica, ética y políticamente, los principios básicos del liberalismo clásico. Todo su pensamiento gira alrededor de la idea del mercado autorregulado como un orden espontáneo que, más que una proposición científica, es un ideal a alcanzar y depende de una opción valorativa. En su defensa, el economista desarrolla un pensamiento fuertemente dogmático, insensible (...) a los matices de la realidad y de las ideas. Un pensamiento que desemboca en una perspectiva mercado-centrista, para la cual todo gira alrededor del mercado. El mercado siempre tiene razón, por lo que no hay moral, ni justicia, ni derecho… que puedan ponerlo en cuestión. Ahora bien, dejar al mercado que se autorregule sin ningún control nos llevaría a la destrucción de la sociedad y del ecosistema. (shrink)

Although John Stuart Mill places considerable emphasis on three information signalling devices – debate, votes and prices – he remains curiously sceptical about the prospects of institutional or social epistemology. In this paper, I explore Mill's modest scepticism about institutional epistemolog y and compare and contrast that with the attitudes of liberal theorists such as F. A. Hayek and John Dewey who are much more enthusiastic about the prospects of social epistemology as part of their defences of liberalism. The paper (...) examines the extent to which Hayek and Dewey ignore concerns originally raised by Mill. I conclude that Mill's modest scepticism is reflected in the epistemological abstinence of contemporary liberal philosophers such as John Rawls, and that his elevation of philosophy over democracy remains a challenge to contemporary defenders of the political value of social or institutional epistemology. (shrink)

This paper compares Hayek and Polanyi on spontaneous social order. Although Hayek is widely believed to have first both coined the name and explicated the idea of ?spontaneous order?, it is in fact Michael Polanyi who did so. Numerous differences emerge between the two thinkers. The characterisation of spontaneous order in Hayek, for example, involves different types of freedom to those advanced by Polanyi. Whereas Hayek (usually) portrays spontaneous order as a single entity, which is equivalent to free society as (...) a whole ? the free?catallactic society ? Polanyi by contrast is disposed to conceive of spontaneous orders as sub?units or components within free society as a whole. These and other aspects of their thought ? including the distinction between spontaneous and planned social orders ? are reviewed and criticised. (shrink)

Hayek's attack on the ideal of social justice, though long ignored by political theorists, has recently been the subject of a number of largely unsympathetic studies (those of Lukes and Johnston being the most recent) in which his critique is dismissed as at best simply mistaken and at worst frivolous. The responses to Hayek's case against social justice, however, fail to draw any blood, for they do not seriously deal with Hayek's central claim that the very notion of social justice (...) is incoherent. (shrink)