The myth of economic man

October 6, 2011

The central myth of  the old economy is the myth of  Homo Economicus: that the individual is an autonomous, a free agent guided by a self-interest that leads him to wanting an ever increasing accumulation of wealth.  This man is the creature not the creator of our economic system.

The fact is that we are deeply embedded in social systems even at the level of our desires and it is in our power to re-imagine and re-shape these forces.  It is perhaps most important when attempting to re-think our economy from the ground up that our needs and wants, while grounded in nature, are overdetermined by the social and that they are fundamentally heterogeneous and flexible.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: