ABSTRACT

This chapter discusses the F.A. Hayek's arguments for the value of liberty. Like von Mises and Karl Popper, Hayek frequently presents a negative case for liberty: collectivist planning is impossible and attempts at it are disastrous, and consequently a free economy and society are the only practicable, prosperous, and peaceful ones. The Great Society is a network of relationships that potentially embraces all mankind because it is the mutual observance of the rules of just conduct which are applicable to all. Two forces are opposed to the Great Society and its expansion: tribalism, the division of "us" and "them" which denies universal rules of conduct; and, constructive rationalism which thinks of all forms of society and association in terms of monotelic organisations deliberately set up and controlled. The Great Society rests principally upon observance of the rules of justice, which have to be regarded as laws, as inherently right, and to be obeyed simply in virtue of their inherent rightness.