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Single Idea 22599

[filed under theme 25. Social Practice / A. Freedoms / 4. Free market ]

Full Idea

Hayek was a liberal (rather than a conservative), …but the individual liberty he cared about was not diversity or freedom of thought. It was freedom to operate in the market.

Gist of Idea

Hayek was a liberal, but mainly concerned with market freedom

Source

report of F.A. Hayek (The Road to Serfdom [1944]) by Ian Dunt - How to be a Liberal 7

Book Ref

Dunt,Ian: 'How to Be a Liberal' [Canbury Press 2020], p.216


A Reaction

There seems to have been a drift from obsession with freedom to participate in the market, towards the less plausible idea that market forces can solve everything. I once met someone who was convinced the market could solve environmental problems.


The 10 ideas with the same theme [extent to which citizens can feely trade]:

Kant is the father of the notion of exploitation as an evil [Kant, by Berlin]
Communism abolishes private property and dissolves the powerful world market [Marx/Engels]
Hayek was a liberal, but mainly concerned with market freedom [Hayek, by Dunt]
Impeding the market is likely to lead to extensive state control [Hayek]
If people hold things legitimately, just distribution is simply the result of free exchanges [Nozick, by Kymlicka]
Libertarians like the free market, but they also think that the free market is just [Kymlicka]
I can buy any litre of water, but not every litre of water [Sorensen]
Market prices indicate shortages and gluts, and where the profits are to be made [Wolff,J]
No market is free of political bias, and markets need protection of their freedoms [Harari]
A 'free' society implies a free market, which always produces predatory capitalism and inequalities [Gopnik]