The True Meaning of ‘Social Justice’: A Catholic View of Hayek

Martin Rhonheimer

Economic Affairs, 2015, vol. 35, issue 1, 35-51

Abstract: Hayek's well-known dismissal of the concept of ‘social justice’ is examined and questioned. While basically agreeing with Hayek's critique, the author argues that we should not entirely reject this concept, although it is often used in a vague and emotional way – ‘social justice talk’. Drawing on the tradition of classical liberalism and Catholic social teaching, he makes the case for the true meaning of social justice, which applies to the basic legal and institutional framework of a society rather than the distributional outcomes of market processes.

Date: 2015
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