Actual left/right wing discussion Message Board

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Politics : Actual left/right wing discussion

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To: TimF who wrote (2564)	10/11/2006 1:26:42 PM
From: TimF	Read Replies (1) of 10087

I'd like to see more by Phelps on why he thinks Hayek "went too far". I've read some of Hayek's writings, and also commentary on his work. I do see him as a strong supporter for freedom, but I don't think he portrays freedom "to be an absolute, the consequences be damned", in fact while he may support freedom as a principle his arguments where based more on consequences than absolute and inflexible moral principles. He viewed the consequences of less freedom, including less economic/financial freedom, to be negative. Since the economy is a system in which people interact, the endeavors of some may damage the prospects of others. So a persuasive justification of well-functioning capitalism must be grounded on its all its consequences, not just those called freedoms. Of course consequences should be considered, but I agree with Hayek that freedom tends to have positive consequences. Also there I submit that its a good idea to give a special status to freedom. You don't have to take it as an absolute, as something automatically above all other considerations, to support it being a high priority in its own right. Others are of course have the freedom not to share that particular value.

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