The Secularization of Providential Order: F. A. Hayek's Political-Economic Theology

In this article I argue that the concept of spontaneous order that underlies F. A. Hayek's political-economic thought is a secularized version of classical liberalism's understanding of order as providential. In Adam Ferguson's writings on history and social order, from which Hayek dr...

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Bibliographic Details
Published in:Political theology
Main Author: Cornelissen, Lars (Author)
Format: Electronic/Print Article
Language:English
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Published: Routledge, Taylor and Francis Group [2017]
In: Political theology
Standardized Subjects / Keyword chains:B Ferguson, Adam 1723-1816 / Faith in providence / Reception / Hayek, Friedrich A. von 1899-1992 / Spontaneous order / Secularization
RelBib Classification:KAH Church history 1648-1913; modern history
KAJ Church history 1914-; recent history
NBC Doctrine of God
NBD Doctrine of Creation
VA Philosophy
Further subjects:B Hayek
B economic theology
B Secularization
B Political Theology
B Neoliberalism
B Liberalism
Online Access: Volltext (doi)
Description
Summary:In this article I argue that the concept of spontaneous order that underlies F. A. Hayek's political-economic thought is a secularized version of classical liberalism's understanding of order as providential. In Adam Ferguson's writings on history and social order, from which Hayek draws the notion of spontaneous order, the classical liberal paradigm reveals its intimate connection to providential theology. It is in three features of Ferguson's thought, namely his understanding of order, the politics of laissez-faire he dictates, and his providential optimism, that a providential theology reveals itself. Hayek's restatement of liberalism involves the secularization of this notion of order, which forces him both to ground his thought in a different ontology and to formulate a different politics. By contrasting Hayek's political economy to Ferguson's thought I trace the implications of this secularization. In the conclusion I contend that despite his secularizing gesture, Hayek does not succeed at emptying his understanding of order of all theological traces. Consequently, his notion of “spontaneous order” still carries a distinct theological charge, making it impossible for Hayekian political economy to countenance the destruction wrought by markets.
Item Description:Das Heft ist als Doppelheft erschienen: "Volume 18 Numbers 7-8 November-December 2017"
ISSN:1462-317X
Contains:Enthalten in: Political theology
Persistent identifiers:DOI: 10.1080/1462317X.2017.1325990