Friday, February 19, 2010

The End of Economic Man, Summary

Five weeks over, one book down. The blizzards in DC delayed this project more than one might think. What is the argument that is relevant to us? Basically:

  • The economic state is primary.
  • The European tradition attempts to produce a society that is free and equal.
  • Capitalism in Europe has failed to produce a society that meets both goals
  • Socialism removed full freedom but didn’t achieve equality
  • Fascism replaces organization for economics and delivers neither freedom nor equality.
  • He predicts a new society will emerge from this process.

Given his final comments about mechanisms, he will likely be interested in the role of information flow in this new society.

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