Hayek’s Challenge: An intellectual biography of F.A. Hayek by Bruce Caldwell
University of Chicago Press, $48.95 pb, 500 pp
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On February 19 this year, Francis Fukuyama jumped ship. In the course of an essay in the New York Times on the failings of the American strategy to ‘democratise’ the Middle East, he declared that, ‘I have numerous affiliations with different strands of the neo-conservative movement’, but ‘neo-conservatism, both a political symbol and a body of thought, has evolved into something I can no longer support’. The neo-conservative project, he stated, has become self-contradictory. Though the Bush administration retains an evolutionistic scepticism about the limits of social engineering in domestic matters, it feels no such restraint in foreign policy, where its faith in the transformational uses of American power and in the exceptionalism of American virtue has overcome traditional doubts about the malleability of humanity.
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