5min chapter

Political Theory 101 cover image

Rawls, Hayek, and Liberalism's Relationship with the Market

Political Theory 101

CHAPTER

The Irony of the High Equal, the Depoliticization of the Market

High-tech thinks that the market is the way of avoiding a suppression of individual liberty. But then he's fine with social injustice in the market and social justice doesn't apply to the market. So there's a lot of reference in Hayek's thought to rule of law, consistency in the application of rules. And Rawls does make similar kinds of procedural moves,. Nozick when Nozick says as long as these transfers occurred in a procedurally uncoversed way, whatever follows on from them is fine.

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