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According to Friedrich Hayek, self-interest leads to justice because it drives individuals to participate in a market system that, through competition and the price mechanism,
According to Friedrich Hayek, self-interest leads to justice because it drives individuals to participate in a market system that, through competition and the price mechanism, results in a fair distribution of resources. Hayek argues that monopolies disrupt this system and are detrimental to social justice. He also believes that social institutions should be designed to facilitate the functioning of this spontaneous order rather than trying to control or direct it
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