52551. Forum -- Not Your Father's Capitalism
- Author:
- Donald Reid
- Publication Date:
- 09-2000
- Content Type:
- Journal Article
- Journal:
- French Politics, Culture Society
- Institution:
- Conference Group on French Politics Society
- Abstract:
- Le Nouvel Esprit du capitalisme is a socio-cultural response to the neoliberal explanation of the successes and failures of capitalism in France during the last three decades in terms of individual rational actors and markets. Luc Boltanski and Eve Chiapello draw their inspiration from critical readings of sociologists who interpreted earlier incarnations of capitalism, including Karl Marx and Friedrich Engels, Max Weber, and Emile Durkheim. The sesquicentennial of The Communist Manifesto elicited many commentaries praising Marx and Engels for their insightful evocation of the revolutionary nature of capitalism. Starting here, Boltanski and Chiapello point to the contradictory nature of capitalism, which thrives on destruction and expansion, yet requires checking mechanisms to avoid self-destruction through the alienation of precisely those who have driven the processentrepreneurial bourgeoisie, directors, and managers. To the obvious capitalist project of continually creating consumers must be added that of selling capitalism to those producers whose allegiance to capitalism Marx and Engels took for granted.
- Political Geography:
- France