Is neoliberalism a Liberalism, or a strange kind of bird? On Hayek and our discontents

This paper examines the theoretical ideas of Friedrich von Hayek, arguably the key progenitor of the global economic orthodoxy of the past two decades. It assesses Hayek's thought as he presents it: namely as a form of liberalism. Section I argues that Hayek's thought, if liberal, is hostile to participatory democracy. Section II then argues the more radical thesis that neoliberalism is also in truth an illiberal doctrine. Founded not in any social contract doctrine, but a form of constructivism, neoliberal thought at its base accepts the paradoxical need to "discipline subjects for freedom", however this might contravene peoples' natural, social inclinations. The argument is framed by reference to Aristophanes' great comedy, The Birds, whose off shore borderless empire ironically prefigures the dream of neoliberal social engineers, and their corporate supporters.

Liberalism

Liberalism as a theory about politics and society supports freedoms of belief, inquiry, expression, action, association, and elections. In liberalism, freedom coalesces with value commitments to equality, individualism, toleration, pluralism, and rationality. These commitments have interacted with science and technology in various ways.