Search

The article focuses on importance of socialist calculation with development and intellectual clarification of those strands of classical liberalism that would ultimately metamorphose into neoliberalism. It mentions systematic perversion of the relation between market demand and social needs and social waste in the form of ecological damage, contamination of waterways, ill health, and work injuries. It also mentions rise of economic planning with vision of civilizational development.

Friedrich Hayek repeatedly stressed the centrality of submission to his own account of spontaneous order. In what he depicted as the rationalist refusal to submit to anything beyond human comprehension, he saw a threat to the "spontaneous order" of a market society. Kyong-Min Son's criticism of my account of the neoliberal subject provides me with an opportunity to further specify my understanding of the submissive disposition of the Hayekian subject. In this brief reply, I defend the claim that Hayek saw the complexity and opacity of the market order as constraining the possibility of collective political intervention that aims to alter the outcomes of market competition. While Hayek theorized a subject who was actively invested in the competitive "game," the premise of this investment was submission to the rules of the market and acceptance of its outcomes as a form of fate. [ABSTRACT FROM AUTHOR]