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Monday, June 4, 2012

What Economic Man misses

Posted on 3:26 AM by Unknown
I've often argued that right-liberalism ends up viewing people primarily as actors in the market. If you see society as made up of millions of atomised individuals each pursuing their own desires, then you need to explain how all these competing wills are to be harmonised. The right-liberal solution is to believe that if people rationally pursue their own self-interest in the market they end up benefiting both themselves and the larger society.

And so you get right-liberals who view people primarily as rational economic agents, i.e. as Economic Man. And here's a particularly crude example (I think made by an "objectivist" - a follower of Ayn Rand). The comment was made in the context of a discussion of Islamic vs Western morality:
A rational man neither sacrifices himself to others or others to himself; he produces and trades in the free market. 

So there you go. If you want to be moral, just get involved as a trader or producer in the market.

I don't quite know how that speaks to all the fathers out there. They're making sacrifices for others. So are the mothers. A lot of the mothers aren't even producers or traders in the market. What then does that say about them  - are we supposed to regard them as irrational?

Right liberals no doubt once saw themselves as liberating individuals from ancient ties. But their political philosophy is highly restrictive in its own way. In restricts our moral vision, for instance, to rational self-interest in the market. It denies or excludes personal character, the duties we have toward family or our larger tradition, and ideals of manhood or womanhood.

It diminishes what man is.
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