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The Neo-liberal State$
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Raymond Plant

Print publication date: 2009

Print ISBN-13: 9780199281756

Published to Oxford Scholarship Online: February 2010

DOI: 10.1093/acprof:oso/9780199281756.001.0001

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Government and Markets

Government and Markets

Chapter:
(p.155) Chapter 8 Government and Markets
Source:
The Neo-liberal State
Author(s):

Raymond Plant (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199281756.003.0009

This chapter has as its main focus the nature and scope of markets in neo‐liberal thought. The first part of the chapter looks at the critique of economic planning of the economy and of government intervention in the economy more generally developed by neo‐liberal thinkers. The second part of the chapter deals with the issue of whether in a nomocratic order allied to free markets and rational utility maximization can be made to work without some sense of an orientation to the common good or a diffused sense of civic virtue. Such ideas fit rather badly into neo‐liberal perspectives because they look to be more teleocratic, oriented towards some conception of the good rather than a nomocratic order based upon rules. The chapter looks at recent ways in which neo‐liberal have sought to answer this question of what might be called social capital.

Keywords:   Planning, Tacit Knowledge, Knowing How/Knowing That, Hume, Knaves

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