Discursive strategies in the keynes-hayek debate: Building a liberal critique

Guizzo, Danielle

Abstract

© 2019 The Author(s). Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved. This article addresses an analysis of discourse based on Michel Foucault's 'order of discourse' to comprehend which discursive forces influenced Keynes's mode of thought and his liberal critique. The article returns to the Keynes-Hayek debate to explore the possibilities of considering Hayek as a reverse influence in Keynes's late beliefs on the limits of state action and socially desired ends. An understanding of Keynes's view on the state and economic action requires identifying the underlying strategies of his discourse when criticizing Hayek's spontaneous liberalism. More specifically, Hayek's liberal views promoted a reverse and discontinuous force that contributed to reinforce Keynes's mode of thought.

• Journal Article Type: Article
• Acceptance Date: Nov 26, 2018
• Online Publication Date: May 16, 2019
• Publication Date: May 16, 2019
• Deposit Date: Nov 27, 2018
• Publicly Available Date: May 17, 2021
• Journal: Contributions to Political Economy
• Print ISSN: 0277-5921
• Electronic ISSN: 1464-3588
• Publisher: Oxford University Press (OUP)
• Peer Reviewed: Peer Reviewed
• Volume: 38
• Issue: 1
• Pages: 12-30
• DOI: https://doi.org/10.1093/cpe/bzz014
• Keywords: discourse analysis, Keynes, Hayek, history of economic thought
• Public URL: https://uwe-repository.worktribe.com/output/854697
• Publisher URL: https://academic-oup-com.ezproxy.uwe.ac.uk/cpe/
• Contract Date: Nov 27, 2018