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I agree with your overall point, but I don't think it has unlimited applicability, and ever since Hayek first published on this topic, even liberal economists a
by claudiawerner 6y ago
I agree with your overall point, but I don't think it has unlimited applicability, and ever since Hayek first published on this topic, even liberal economists and philosophers have been critical that it fails to take into account the evolution of government as part of that anarchy of the market. Some suggest the tension between rational constructivism and spontaneous order is a false dichotomy in the real world.
It's worth noting that Hayek's conception of the economy as spontaneous order may run into something of a paradox[0], and in the view of some, the emergent and unconscious shaping of the market as we see it today can certainly conflict with other goals - in particular justice. I think most people are interested in at least asking about what can be done rather than sitting down at the command of "don't touch that, who knows what may happen!".
[0] Assuming that some intervention in the economy is permissible (i.e. anything but anarcho-capitalism), see section "When Would Hayek Pour The Cement?" here: https://www.independent.org/pdf/tir/tir_14_01_1_sandefur.pdf https://www.independent.org/pdf/tir/tir_14_01_1_sandefur.pdf