Capital’s systemic imperatives cannot be reduced to economic rationality alone

Evidence

However, capital and capitalism are not reducible to an order of reason. While Foucault is surely correct that “in the last analysis, we must produce truth as we must produce wealth, indeed we must produce truth in order to produce wealth in the first place,” neither the imperatives nor the effects of capital can be wholly ascribed to capitalism as a regime of truth. — Wendy Brown, Undoing the Demos, 151

Categorization

  • XREF: Connects to Weber’s Protestant Ethic, Polanyi’s embeddedness thesis, and Marx’s fetishism — the familiar lineage of critiques of pure economic rationalism. — connects to: Governments conflate capitalist economic rationality with rationality itself. — Clara E. Mattei, Escape from Capitalism, 369; Capital is both a tool and a coercive force over others; State and capital have autonomous logics yet mutually define each other — David Theo Goldberg, John Solomos, A Companion to Racial and Ethnic Studies, 1672 (+3 more)

Broader Connections