ABSTRACTHayek’s social theory is resolutely anti-conspiratorial: He consistently rejects conceiving complex orders as though they were designed or planned. His account of democratic politics, by contrast, treats it as conducive to conspiracy, organized deception, and ultimately totalitarianism. His epistemology of spontaneous order and his radical suspicion of democratic politics are connected: The decay of democracy is itself a complex consequence of popular misunderstandings of social order. However, since Hayek is unable to account for self-correction within democratic structures, his argument has (...) the unanticipated consequence of leading him to an implicitly authoritarian position. (shrink)

Hayek's political theory is directed against coercion, which he defines as the intentional control of one person by another. The element of personal intention ensures a clear conceptual distinction between the freedom from coercion—i.e., the “liberty”—that is exercised in the private sphere, and the freedom of choice and opportunity that may be severely constrained by the impersonal, unintentional operation of market forces. Hayek's narrow definitions of coercion and liberty therefore suggest that he was more intent on defending the benefits conferred (...) on us by market forces than on affirming any value intrinsic in freedom—a suggestion confirmed by his lack of interest in species of freedom, such as autonomy, that might conceivably be fostered by state coercion. Hayek's consequentialist defense of liberty, however, was grounded in economic doctrines such as his own view that prices served a vital epistemic function. Given his strictures against the ignorance of modern electorates, Hayek was driven to propose extravagant limits on democracy and to embrace traditionalism; a different Hayekianism might limit inequalities of wealth and encourage the ability to learn from experimentation. (shrink)