Anti-libertarianism 2 1 0 2 r e b o t c O 7 Markets, philosophy and myth 1 9 3 : 1 0 t a ] i s e it Alan Haworth s r e v i n Ü r i h e l u b n a t s [ y b d e d a o l n w o D London and New York 2 1 0 2 r e b o t c O 7 1 9 3 : 1 0 t a ] i s e t i s r e v i n Ü r i h e l u b n a t s [ y b d e d a o l n w o D Anti-libertarianism 2 1 0 2 r e b o t c O 7 Advocates of the free market claim that it is the only economic mechanism 1 capable of respecting and furthering human freedom. Socialism, they say, 9 3 has been thoroughly discredited. Most libertarians treat the state in : 1 anything other than its minimal, ‘nightwatchman’ form as a repressive 0 t embodiment of evil. Some reject the state altogether. a ] But is the ‘free market idea’ a rationally defensible belief? Or have its i es proponents failed to examine the philosophical roots of their so-called t si freedom? Antdibertu~ reconsiders the theoretical libertarian stance, r e starting with an analysis of the model of ‘mutually beneficial’ exchanges v ni which is at the core of libertarian thinking. Alan Haworth’s book is a Ü sceptical exploration of the concepts and arguments which form the tenets r hi of free market politics. He offers the view that libertarianism is little more e l than an unfounded, quasi-religious statement of faith: a market romance. u b Moreover, libertarianism is exposed as profoundly antithetical to the very n a freedom which it purports to advance. t s This controversial book is for anyone interested in the cultural and [ y political impact of free market policies on the modern world. It will be b d useful to students and specialists of political and economic theory, social e d science and philosophy. a o Alan Haworth is Senior Lecturer in Philosophy at the University of l n North London. w o D 2 1 0 2 r e b o t c O 7 Fist published 1994 1 by Routledge 9 11 New Fetter Lane, London EC4P 4EE 3 : 1 Simultaneously published in the USA and Canada 0 t by Routledge a 29 West 35th Street, New York, NY 1000 1 ] i s Q 1994 Alan Haworth e t si Typeset in Baskerville by the EPPP Group at Routledge r e Printed and bound in Great Britain by v ni Mackays of Chatham PLC, Chatham, Kent Ü r All rights reserved. No part of this book may be reprinted or i reproduced or utilized in any form or by any electronic, h e mechanical, or other means, now known or hereafter ul invented, including photocopying and recording, or in any b n information storage or retrieval system, without permission in a writing from the publishers. t s y [ British Library Catakguirg in Atblization Data b A catalogue record for this book is available from the British Library d ISBN O-415482536 (lib) ISBN o-415-08254-4 @b) e d a Library of Gngress Calaloging in Adblication Data o Haworth, Alan, 1944 l n w Anti-libertarianism : markets, philosophy and myth / Alan Haworth. o p. cm. D Includes bibliographical references and index. ISBN 0-41508253-6 (hb). - ISBN &415-X)8254-4 (pb) 1. Libertarianism. I. Title. HB95.H385 1994 93-37964 330. 12’ 6-dc20 CIP 2 1 0 2 r e b For myf ather; for Rowan;f or Matthew o t c O 7 1 9 3 : 1 0 t a ] i s e t i s r e v i n Ü r i h e l u b n a t s [ y b d e d a o l n w o D 2 1 0 2 r e b o t c O 7 1 9 3 : 1 0 t a ] i s e t i s r e v i n Ü r i h e l u b n a t s [ y b d e d a o l n w o D Contents 2 1 0 2 r e b o t c O 7 1 Preface and acknowledgements ix 9 3 : 1 Part1 0 ] at 1 Libertarianism - anti-libertarianism 3 i es 2 Market romances I: nuts and bolts 6 t i rs 3 Reducibility, freedom, the invisible hand 12 e v ni 4 Market romances II: love is strange 32 Ü r 5 On freedom 38 i h e 6 The legend of the angels and the fable of the bees 58 l u b n a Part II t s y [ 7 Moralising the market 67 b d 8 Rights, wrongs and rhetoric 72 e ad 9 Visions of Valhalla 94 o l n w Part III o D 10 The good fairy’s wand 107 11 Hayek and the hand of fate 115 12 Conclusions and postscript 130 Notes 134 Bibliography 143 Index 147 2 1 0 2 r e b o t c O 7 1 9 3 : 1 0 t a ] i s e t i s r e v i n Ü r i h e l u b n a t s [ y b d e d a o l n w o D
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