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Hayek's Liberalist Economic Theory And The Order Of Market Economy

Posted on:2003-02-25Degree:DoctorType:Dissertation
Country:ChinaCandidate:S S WangFull Text:PDF
GTID:1119360185963228Subject:Political economy
Abstract/Summary:PDF Full Text Request
In the circle of Western Economics, the conflict between Liberalism and Government intervene consists the main stream of the whole 20 century. As the most famous liberalist in the 20-century, Hayek's economics theory is the one, which can't be ignored. Based on multi-discipline research, Hayek try to create a complete frame for capitalism market economy order from several angles, such as economics, sociology and philosophy.Hayek thinks, the history of the development of human society is a history of evolution. The evolution of economic system is very much like the evolution of nature. In essence, society evolution is also a course of competence. It applies to the same rule of nature evolution; that is to say, the fittest can survive at the long last. During this course, the main body of the competence is not a person, but different communities. In an environment that resource is scarce and changes are continuous, the core of economic evolution is to constantly find and make use of new knowledge, so that people can get use to the new environment. In this competence, the reason why a community can be the winner is based on the culture tradition and economic system of the community, which make the community more effective in finding and using separate personal knowledge. Thus, people can be more fitful to the coming environment. Through such spontaneous group competence, the choose and the evolution of economic systems is on the way. Generally speaking, the real effective standard in the course of economic system evolution is, whether separate personal knowledge can be effectively used, whether social distribution of knowledge can be effectively promoted.The evolution of economic system is not a result of people's rational design or control. The rational knowledge even never completely understands this course. On the contrary, social system in a special period is exactly composed of a condition for the coming and the evolution of the rational knowledge. The rational knowledge can only use its critics to make little improvement on economic systems, or do some repairs through analysis the coordination among different parts. As an important part of rational knowledge, social science is not an objective conclusion of social development, nor a founding of the development of social existence. Rational knowledge only provides a subjective explanation for the frame system of social existence. It tries to let people understand why it is the economic system, not others, that occupies the main status. It cannot forecast the road or the direction for future social development, not to say make guidance of do some planning. The choose of...
Keywords/Search Tags:Liberalist
PDF Full Text Request
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