The Socio-Philosophical Legacy of Friedrich von Hayek and His Contradictions
Authors:
Nikolay
Aleksandrov
St. Cyril and St. Methodius University of Veliko Tarnovo, Bulgaria
Pages:
136-
152
DOI: https://doi.org/10.54664/OVOE7264
Abstract:
The article is dedicated to the socio-philosophical legacy of Friedrich von Hayek, one of the founders of neoliberalism and a representative of the Austrian School of Economics. In this regard, this text is an attempt to rethink Hayek’s work in three main aspects: as an initiator of the return of liberalism to its ideological foundations from the Enlightenment, as an ideologue of neoliberalism, and as a consistent critic of Keynesian capitalism and socialism. There are some weaknesses in his teaching, both in terms of capitalism and in terms of social liberalism and socialism.
Keywords:
spontaneous order; neoliberalism; freedom; rationalism; Keynesian capitalism; socialism; market economy.
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