Hayek’s late work turned morality into a survival condition for civilized order

Evidence

Hayek provided a more developed account of the morals of a market society in his late work, Law, Legislation and Liberty. Evoking the fall of Rome – and the thesis of its great historian Edward Gibbon, who attributed that fall to a decline in ancient virtue – Hayek warned that, whether or not Gibbon was correct about Rome, ‘there can be no doubt that moral and religious beliefs can destroy a civilization’. For Hayek and those he brought together to form the Mont Pèlerin Society, the demise of the morals that sustained a market order threatened their own civilisation with destruction. — Jessica Whyte, The Morals of the Market, 24

Categorization

• XREF: connects to: Hayek held that free markets require a moral culture of personal responsibility to survive — Jessica Whyte, The Morals of the Market: Human Rights…, 23; Hayek feared moral and religious decline could destroy market civilization; Hayek valued religion pragmatically for securing submission to market order — Jessica Whyte, The Morals of the Market: Human Rights…, 356

Broader Connections

• Hayek feared moral and religious decline could destroy market civilization #corroborates (0.90)
• Hayek held that free markets require a moral culture of personal responsibility to survive #corroborates (0.85) — Jessica Whyte, The Morals of the Market, 23
• Hayek valued religion pragmatically for securing submission to market order #corroborates (0.85) — Jessica Whyte, The Morals of the Market, 356