The Secularization of Providential Order: F. A. Hayek's Political-Economic Theology

Abstract

In this article I argue that the concept of spontaneous order that underlies F. A. Hayek's political-economic thought is a secularized version of classical liberalism's understanding of order as providential. In Adam Ferguson's writings on history and social order, from which Hayek draws the notion of spontaneous order, the classical liberal paradigm reveals its intimate connection to providential theology. It is in three features of Ferguson's thought, namely his understanding of order, the politics of laissez-faire he dictates, and his providential optimism, that a providential theology reveals itself. Hayek's restatement of liberalism involves the secularization of this notion of order, which forces him both to ground his thought in a different ontology and to formulate a different politics. By contrasting Hayek's political economy to Ferguson's thought I trace the implications of this secularization. In the conclusion I contend that despite his secularizing gesture, Hayek does not succeed at emptying his understanding of order of all theological traces. Consequently, his notion of “spontaneous order” still carries a distinct theological charge, making it impossible for Hayekian political economy to countenance the destruction wrought by markets.