Market actors are calculative without becoming amoral atomistic egotists

Evidence

The market participants discussed in earlier chapters were certainly economically calculative, and as Gallon’s formulation would suggest their calculations were often conducted using procedures and devices made possible by finance theory. However, they did not become Homines economics in the sense of atomistic, amoral egotists. — Donald MacKenzie, An Engine, Not a Camera, 1186

Categorization

• DEFINE: Sharpens the performativity thesis by distinguishing calculative rationality from the homo economicus caricature.
• XREF: connects to: Ideal-type economic actor models are caricatures rarely found in pure form — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 50; Markets can be performatively constructed by agents who are not atomistic homo economicus — Donald MacKenzie & Yuval Millo, Constructing a Market, Performing Theory, 25; Behavioral prediction markets treat people as raw material and targets, never as participants — Shoshana Zuboff, The Age of Surveillance Capitalism, 1029 (+1 more)