Reason does not question the market and is not allowed to do so. It accepts it as a neutral and objective assessment authority. The market takes the place of reason on a collective, social level: it is not the human being, but the market (mediated by prices) that provides for a good and appropriate social order. Man’s attitude towards the market is passive, believing, almost submissive. Probably nothing expresses this irrationalism better than Adam Smiths’ formulation of the invisible hand, which neoliberals like to quote – but which for Smith nevertheless did not have the meaning that some people ascribe to it (Herrmann 2017).
Markets are always just and superior to any other distribution variant, according to Hayek. By definition, compulsion does not come from the market.