CIAO DATE: 03/02


Critical Review

Critical Review

Winter 1997 (Vol.11 No.1)

Was Hayek an Instrumentalist?

By Ryszard Legutko

Abstract

In Hayek's Social and Political Thought, Roland Kley argues that Hayek's defense of Capitalism is instrumentalist: that is, that Hayek sees market societies as efficient mechanisms that have no independent ethical justification. But in fact, Hayek does have such a standard, one that is expressed in the notion of a discipline of freedom. This standard derives from the moral anthropology of the liberal-conservative tradition.