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>Hayek's conclusions about markets don't follow from Marx's premises. In
>fact, as I tried to show, Marx's premises lead to conclusions about markets
>opposite to Hayek's at least so far as their role in an ideal society is
>concerned.
>
>In Marx higher forms of social relations are identified by their greater
>consistency with the development and expression of rational
>self-consciousness.
>
>This dependence of the degree of rationality in the individual on the
>individual's relations embodies the ontological idea of "internal
>relations." Hayek implicitly treats social relations as external rather
>than internal when he assumes that the "rationality" of individuals is
>independent of their relations. This is what underpins the explanatory
>approach Popper calls the "logic of the situation" in the passage I pointed
>out to Brad recently. Popper, in identifying the approach with
>"economics,", has Hayek explicitly in mind.
>
>For Marx the fully rational self-consciousness is that of the "universally
>developed individual," a concept that sublates a great deal of earlier
>thought about "rationality" e.g. it sublates Aristotle (the concepts of
>sophia, episteme, techne, nous and phronesis) and Hegel (the concept of the
>"educated person"). One aspect of this is that the "will" of such an
>individual is both a "will proper" and a "universal will."
etc.
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