Description
This book offers a new radical reading of Hayek in the 21st century. It investigates the moral dimension of his political theory, arguing that it is based on the methodological implications of an epistemologically founded concept of morality. This concept is about the recognition and respect of the natural limits of human knowledge. The moral dimension of Hayeks theory consists of the process of spontaneity and evolution. This process excludes but also requires substantive politics. The moral exclusion of substantive politics undermines freedom and equality in the market, relativising commutative justice and legitimating the minimal state only from the point of view of its legality. Therefore, such politics is also required for preserving and maintaining the market institutions in terms of liberalism. This dualism is due to the fact that, despite Hayeks neo-liberal rhetoric, the process of spontaneity and evolution cannot by itself be safeguarded against coercion, inequality and injustice.Preface Introduction The Context and the Intellectual Background of Hayeks Political Theory The Epistemological Foundation of Hayeks Anti-Rationalist Concept of Morality The Methodological Formation of Hayeks Moral Dimension: the Exclusion and Requirement of Substantive Politics The Order of Catallaxy, Commutative Justice, the Minimal State and the Great Society Summary Conclusions Notes References Index
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