So I suppose, then, that Hayek was a fervent advocate of restoring the commons and dispersing the capital centralized in the period of "primitive accumulation"?
On Fri, May 13, 2011 at 9:19 AM, David B. Shemano <[email protected]>wrote: > Hayek was big defender of the common law, meaning judge made law decided on > a case by basis, building on prior cases through precedent, developing over > generations, as opposed to code law (e.g., the Napoleonic Code), meaning the > legislative branch creating statutory law intended to address in absract all > circumstances. Hayek would argue that the common law is preferable, because > law is created in a dispersed manner from below (i.e., law is created based > upon specific circumstance at almost an invididualized level with ability to > evolve over time), as opposed in a centralized manner from above (i.e., law > is created based upon abstraction and then with little ability to evolve > because of codification). So Hayek would say the common law is an example of > spontaneous order because there is no centrailized authority directing it > (spontaneous), but it is quite efficient (orderly). > > David Shemano > > --- Original Message--- > To: Progressive Economics <[email protected]> > From: Jim Devine <[email protected]> > Sent: 5/13/2011 8:35AM > Subject: Re: [Pen-l] Hayek vs. Schumpeter > > >> >> BTW2, can someone explain how there can be a "spontaneous order" in a > >> >> market without the state using coercion to enforce (some) property > >> >> rights? > >> > >> Doug: > >> > Who thinks otherwise? Even diehard libertarians believe that the state > has to enforce > >> contracts and property rights. > >> > >> Of course, but then how is it "spontaneous"? > >> -- > >> Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own > >> way and let people talk.) -- Karl, paraphrasing Dante. > >> _______________________________________________ > >> pen-l mailing list > >> [email protected] > >> https://lists.csuchico.edu/mailman/listinfo/pen-l > >> > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > > -- Sandwichman
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