Economic crises are also conceptual and intellectual catastrophes
Evidence
This book therefore seeks to supplement it along a crucial dimension: it explores the economic crisis as a social disaster, but simultaneously a tumult of intellectual disarray. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 45
Categorization
- DEFINE: Frames Mirowski’s core method: treating the crisis as intellectual disarray, not just economic damage.
- XREF: connects to: The 2008 crisis was fundamentally a crisis of economic ideas — Mark Blyth, Austerity: The History of a Dangerous…, 132; Creative destruction, not peace, causes capitalism’s endemic crises — Max Haiven, Cultures of Financialization, 428; Each great economic transformation produces its own characteristic type of crisis — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 517 (+8 more)
Broader Connections
- The crisis exposed an epistemological contradiction festering inside orthodox economics
#exemplifies(0.85) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 619 - Each great economic transformation produces its own characteristic type of crisis
#expands(0.80) — Yanis Varoufakis, Technofeudalism, 517 - Ideology shapes economic crisis rather than merely reflecting it
#expands(0.80) - Intellectual mentality and money economy mutually reinforce each other
#corroborates(0.80) - Economists obscuring knowledge during crisis stems from contradicting logics of expertise and market faith
#expands(0.75) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 655 - Post-crisis economists reacted in one of three distinct ideological postures
#expands(0.75) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 656 - Crises are formal phases that temporarily suspend normal premises of conduct
#qualifies(0.70)