Hayekian Political Economy and the Limits of Deliberative Democracy. Pennington, M. Political Studies, 51(4):722–739, December, 2003.
abstract   bibtex   
Inspired by Habermasian critiques of liberalism, supporters of deliberative democracy seek an extension of social democratic institutions to further a reinvigorated communicative rationality against the ‘atomism’ of market processes. This paper offers a critique of deliberative democratic theory from a Hayekian perspective. For Hayek, the case against the social democratic state rests with the superior capacity of markets to extend communicative rationality beyond the realm of verbal discourse.
@article{pennington_hayekian_2003,
	title = {Hayekian {Political} {Economy} and the {Limits} of {Deliberative} {Democracy}},
	volume = {51},
	issn = {0032-3217},
	abstract = {Inspired by Habermasian critiques of liberalism, supporters of deliberative democracy seek an extension of social democratic institutions to further a reinvigorated communicative rationality against the ‘atomism’ of market processes. This paper offers a critique of deliberative democratic theory from a Hayekian perspective. For Hayek, the case against the social democratic state rests with the superior capacity of markets to extend communicative rationality beyond the realm of verbal discourse.},
	language = {en},
	number = {4},
	urldate = {2018-08-26},
	journal = {Political Studies},
	author = {Pennington, Mark},
	month = dec,
	year = {2003},
	pages = {722--739}
}

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