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| Titre : |
The "rationality" of capitalism |
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| Numéro : |
08 |
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| Année : |
1997 |
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| Volume : |
IV |
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| Auteur(s) : |
Cornelius CASTORIADIS |
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| Résumé : |
Capitalism's claim to rationality cannot hide the fact that it is historically contingent: economic "efficiency" and the maximization of profit, which it sets at the center of its system, were in no way key features of previous regimes. Moreover, its theoretical constructs, and notably the recourse to mathematical models, prove to be meaningless and incapable of offerring an adequate description of its operation. As of its "superiority", as claimed by neoclassical
economists, the impoverishment already under way of the countries that built its "success", the massive and irreversible destruction of natural resources, and the production/accumulation of standardized junk are, among other things, what make any further discussion derisory. |
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| Pages : |
31 - 52 |
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| Type : |
Research paper |
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| Keywords : |
rationality, capitalism |
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| APA : |
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| Citations : |
74 |
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