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Friedrich Hayek on Social Justice: Taking Hayek Seriously

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  • Yukihiro Ikeda

Abstract

Friedrich Hayek denied that the concept of social justice had any practical meaning in a modern society. He claimed that it can be justified only in those societies in which there is a strict order of preference. This was not the case in a capitalist society. Thus, the concept itself is a typical example of what Hayek called the animistic way of thinking. Using Hayek’s The Road to Serfdom (1944), Law, Legislation and Liberty (1973-79) and The Fatal Conceit (1988), I critically investigate his social and political theories with special attention to this concept.

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  • Yukihiro Ikeda, 2013. "Friedrich Hayek on Social Justice: Taking Hayek Seriously," History of Economics Review, Taylor & Francis Journals, vol. 57(1), pages 32-46, December.
    • Handle: RePEc:taf:rherxx:v:57:y:2013:i:1:p:32-46
    DOI: 10.1080/18386318.2013.11681245
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