BibTex RIS Cite

Political and Economic Implications of Hayekian Criticism of ‘Regulation’

Year 2017, Issue: 37, 134 - 145, 01.02.2017

Abstract

F. A. Hayek’s basic philosophical arguments based on the criticism of the constructivist rationalism are still generating a framework which has been reserving its popularity in debates related with the problems of contemporary politics and economics. Broadly speaking, Hayek’s that criticism of regulation based on philosophical foundations is a direct result of arguments which are related with the nature of human being and epistemology. This paper claims that Hayek’s criticism on the constructivist rationalism could shed a light the issue of regulation with respect to current discussion about the matter. In this context this work concentrates on the connections and the implications of Hayekian criticism of regulation with regard to the contemporary political and economic discussions which have emerged in the framework of the concepts like state, market, civil society, human rights, rule of law, freedoms and etc. The first main section of the paper introduces Hayek’s main philosophical arguments based on the criticism of the constructivist rationalism. The second section handles the concept of spontaneously generated order with respect to the relation between state/government and competitive market order. The last section includes the criticism of regulation in the context of Hayekian arguments. The paper ends with a conclusion

References

  • Hayek, F. A., (1948a), “Economics and Knowledge”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 33-56.
  • Hayek, F. A., (1948b), “The Use of Knowledge in Society”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 77-91.
  • Hayek, F. A., (1948c), “The Meaning of Competition”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 92-106.
  • Hayek, F. A., (1948d), “ ‘Free’ Enterprise and Competitive Order”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 107-118.
  • HAYEK, F. A., (1948e), “Socialist Calculation II: The State of the Debate”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 148-180.
  • Hayek, F. A., (1960), The Constitution of Liberty, Chicago & London: The University of Chicago Press.
  • Hayek, F. A., (1967), “Rules, Perception and Intelligibility”, In his Studies in Philosophy, Politics and Economics, Chicago: The University of Chicago Press, pp. 43-65.
  • Hayek, F. A., (1973), Law, Legislation and Liberty, Volume I, Rules and Order, London: Routledge.
  • Hayek, F. A., (1976), Law, Legislation and Liberty, Volume II, The Mirage of Social Justice, London: Routledge.
  • Hayek, F. A., (1979), Law, Legislation and Liberty, Volume III, The Political Order of A Free People, London: Routledge.
  • Hayek, F. A., (1999), The Sensory Order -An Inquiry into the Foundations of Theoretical Psychology-, Chicago & London: The University of Chicago Press.
  • Kurrild-Klitgaard, P. (2005), “The Political Economy of the Dynamic Nature of Government Intervention: An Introduction to Potentials and Problems”, In (ed. Peter Kurrild-Klitgaard), The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy, Advances in Austrian Economics, Volume 8, Elsevier, pp. 3-20.
  • Oğuz, F. (1999), “Hayek’in Pratik Bilgi Anlayışı Üzerine Kısa Bir Yorum”, Liberal Düşünce Dergisi, Vol. 4, No. 16, pp. 92-103.
  • Oğuz, F. (2011), Devlet ve Piyasa -Regülasyon Ekonomisine Giriş-, Ankara: Seçkin Yayınları.
  • Oğuz, F. ; Çakmak, O. (2002), “Küreselleşen Bir Dünyada Regülasyon”, Liberal Düşünce Dergisi, Vol. 7, No. 25-26, pp. 143-154.

Political and Economic Implications of Hayekian Criticism of ‘Regulation’

Year 2017, Issue: 37, 134 - 145, 01.02.2017

Abstract

F. A. Hayek’in kurucu rasyonalizm/akılcılık eleştirisine dayanan temel felsefi argümanları, çağdaş politika ve iktisat problemlerine ilişkin tartışmalarda hâlâ güncelliğini koruyan bir çerçeve oluşturmaktadır. Hayek’in bu felsefi temellere dayanan geniş anlamda ‘düzenleme’ eleştirisi, insan doğası ve epistemoloji bağlamındaki argümanlarının doğrudan bir sonucudur. Liberal dünya görüşü için büyük önem taşıyan Hayekçi ‘düzenleme’ eleştirisi, günümüzdeki temel tartışma alanlarında sıklıkla kullanılmaktadır. Bu çalışma devlet, piyasa, sivil toplum, insan hakları, hukuk devleti, özgürlükler vb. gibi kavramlar çerçevesinde açığa çıkan günümüzdeki politik ve iktisadi tartışmaların, Hayekçi ‘düzenleme’ eleştirisiyle bağlantılarına odaklanmaktadır. Bu bağlamda çalışmanın birinci kısmı, Hayek’in kurucu rasyonalizm eleştirisine dayanan temel felsefi argümanlarını ele alacaktır. İkinci bölüm ise devlet/hükümet ve rekabetçi piyasa düzeni arasındaki ilişki çerçevesinde ‘kendiliğinden doğan düzen’ kavramını inceleyecektir. Son bölüm ise Hayekçi argümanlar bağlamında düzenleme eleştirisini ele alacaktır.

References

  • Hayek, F. A., (1948a), “Economics and Knowledge”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 33-56.
  • Hayek, F. A., (1948b), “The Use of Knowledge in Society”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 77-91.
  • Hayek, F. A., (1948c), “The Meaning of Competition”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 92-106.
  • Hayek, F. A., (1948d), “ ‘Free’ Enterprise and Competitive Order”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 107-118.
  • HAYEK, F. A., (1948e), “Socialist Calculation II: The State of the Debate”, In his Individualism and Economic Order, Chicago & London: The University of Chicago Press, pp. 148-180.
  • Hayek, F. A., (1960), The Constitution of Liberty, Chicago & London: The University of Chicago Press.
  • Hayek, F. A., (1967), “Rules, Perception and Intelligibility”, In his Studies in Philosophy, Politics and Economics, Chicago: The University of Chicago Press, pp. 43-65.
  • Hayek, F. A., (1973), Law, Legislation and Liberty, Volume I, Rules and Order, London: Routledge.
  • Hayek, F. A., (1976), Law, Legislation and Liberty, Volume II, The Mirage of Social Justice, London: Routledge.
  • Hayek, F. A., (1979), Law, Legislation and Liberty, Volume III, The Political Order of A Free People, London: Routledge.
  • Hayek, F. A., (1999), The Sensory Order -An Inquiry into the Foundations of Theoretical Psychology-, Chicago & London: The University of Chicago Press.
  • Kurrild-Klitgaard, P. (2005), “The Political Economy of the Dynamic Nature of Government Intervention: An Introduction to Potentials and Problems”, In (ed. Peter Kurrild-Klitgaard), The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy, Advances in Austrian Economics, Volume 8, Elsevier, pp. 3-20.
  • Oğuz, F. (1999), “Hayek’in Pratik Bilgi Anlayışı Üzerine Kısa Bir Yorum”, Liberal Düşünce Dergisi, Vol. 4, No. 16, pp. 92-103.
  • Oğuz, F. (2011), Devlet ve Piyasa -Regülasyon Ekonomisine Giriş-, Ankara: Seçkin Yayınları.
  • Oğuz, F. ; Çakmak, O. (2002), “Küreselleşen Bir Dünyada Regülasyon”, Liberal Düşünce Dergisi, Vol. 7, No. 25-26, pp. 143-154.
There are 15 citations in total.

Details

Primary Language English
Journal Section Research Article
Authors

Fatih Duman This is me

İsmail Seyrek This is me

Publication Date February 1, 2017
Published in Issue Year 2017 Issue: 37

Cite

APA Duman, F., & Seyrek, İ. (2017). Political and Economic Implications of Hayekian Criticism of ‘Regulation’. Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi(37), 134-145.

24108 28027 

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License