HIRSCHMAN THE PASSIONS AND THE INTERESTS PDF

The Passions and the Interests has ratings and 31 reviews. unperspicacious said: Hirschman is a beast. I was hoping to find a few nuggets on the phil. In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and eighteenth centuries to illuminate the intricate ideological trans.. . In this volume, Albert Hirschman reconstructs the intellectualclimate of the seventeenth and eighteenth centuries to illuminatethe intricate ideological transfo .

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Albert O. Hirschman’s The Passions and the Interests | Wheat from the Chaff Blog –

The Passions and the Interests: In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and eighteenth centuries to illuminate the intricate ideological transformation that occurred, wherein the pursuit of material interests –so long condemned as the deadly sin of avarice –was assigned the role of containing the unruly and destructive passions of man. Hirschman here of In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and eighteenth centuries to illuminate the intricate ideological transformation that occurred, wherein hisrchman pursuit of material interests –so long condemned as the deadly sin of avarice –was assigned the role of containing the unruly and destructive passions of man.

Hirschman here offers a new interpretation for the rise of capitalism, one that emphasizes the continuities between old and new, in contrast to the assumption of a sharp break that is a common feature of both Marxian and Weberian thinking. Among the insights presented here is the ironical finding that capitalism was originally supposed to accomplish exactly what was soon denounced as its worst feature: To portray this lengthy ideological change as an endogenous process, Hirschman draws on the writings of a large number of thinkers, including Montesquieu, Sir James Steuart, and Adam Smith.

Paperback20th Anniversary Editionpages. Published January 26th by Princeton University Press first published Political Arguments for Capitalism before Its Triumph. To see what your friends thought of this book, please sign up. To ask other readers questions about The Passions and the Interestsplease sign up. Be the first to ask a question interetss The Passions and the Interests. Lists with Intfrests Book.

Hirschman is a beast. I was hoping to find a few nuggets on the philosophies surrounding capitalism’s original sin, but came away with so much more; and in such a short little book at that.

No wonder this is a classic in political economy Sep 20, Rachel rated it it was amazing Shelves: On this, my second trip through the history of economic thought with Albert Hirschman, I remain no less impressed that the first time around.

The Passions and the Interests is Hirschman’s examination of 17th and 18th century European thought, particularly as it related to the anticipated political, social, and economic effects of people acting in accordance with their material interests.

On balance, and for a variety of reasons, the thinkers Hirschman discusses here–Montesquieu, James Steuart, On this, my second trip through the history of economic thought with Albert Hirschman, I remain no less impressed that the first time around.

On balance, and for a variety of reasons, the thinkers Hirschman discusses here–Montesquieu, James Steuart, Adam Smith and others–predicted that the pursuit of self-interest and growth of commerce to be a net positive for societies. These early arguments about the ability of self-interest to restrain violent passions and constrain power hungry political leaders have not held up under the weight of history, but as Hirshman notes, we see more contemporary thinkers fall back on these ideas.

For that reason, it is important to revisit them, in order to “raise the level of our debate. The amount of research he has done for this thin volume is stunning, and he weaves seamlessly and clearly through the work thinkers as varied as Hobbes, Locke, Rousseau, Mandeville, Montesquieu, Steuart, Smith, Millar, Marx, Toqueville and many others. One needn’t have a thorough background in Western political philosophy to make sense of it, but if your response is anything like mine, you will want to make haste to the nearest library to delve into the theory you don’t know.

For, as Hirschman shows, we live in a society that is shaped by ideas and expectations. It is worth knowing more than we do about where those ideas originated and why expectations didn’t play out as intended. Very good summary of the intellectual currents that lead from the early Christian view that the pursuit of money is less than virtuous, to the view that pursuit of self-interest in the form of commerce is beneficial to human freedom by its necessary restraint on the power of the state.

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Of course, this idealistic view has since proven flawed. However, it remains helpful in understanding the context in which Adam Smith and others wrote in favor of what would become capitalism, and for today of som Very good summary of the intellectual currents that lead from the early Christian view that the pursuit of money is less than virtuous, to the view that pursuit of self-interest in the form of commerce is beneficial to human freedom by its necessary restraint on the power of the state.

However, it remains helpful in understanding the context in which Adam Smith and others wrote in favor of what would become capitalism, and for today of some of capitalism’s benefits at least for those who get money.

It also raises the issue that as capital is threaten, so too may be liberty, as those with capital prefer law and order over freedom. Written inin my mind it raises interesting questions about the future of the developing world, especially China, and for America as the economic future of the Middle Class continues to be threatened. Nov 23, Said Abuzeineh rated it really liked it.

Dec 31, Franz rated it it was amazing.

This short book was thw in the bibliographies of many books I’ve read, so I thought it was time to read it.

Hirschman argues that capitalism developed as a means by the rising merchant class of the late middle ages to check the nearly tyrannical powers of the local aristocracy. Money making was a frowned upon activity, with avarice being sinful.

Commerce, however, appealed to the rational interests of merchants and traders, and as their wealth and influence grew they counteracted the unruly Interess short book was included in the bibliographies of many books I’ve read, so I thought it was time to read it.

Commerce, however, appealed to the rational interests of merchants and traders, and as their wealth and influence grew they counteracted the unruly passions of the feudal leaders. The hope of theorists of the early modern period was that this would result in the wider spread of prosperity, resulting in far less wealth inequality.

Rational interests would overcome spontaneous passions; for a short time it did. Alas, however, by hirachman time Adam Smith writes his classics, he had united interests and passions again; under the influence of the passions, people’s interests were no longer satisfied with modest results–instead of being socially discouraged, avarice become an acceptable, indeed worthy, goal.

Instead of balancing the greed of the powerful with the sober and relatively modest merchants of what became the middle class, capitalism has become what it had once knterests A wonderful analysis with insights derived from the study pwssions Machiavelli, Hume, Bacon, Spinoza, Smith, Montesquieu, and others from the Scottish Enlightenment and the French physiocrats. Nov 07, Jacob Vorstrup rated it liked it.

Understanding Society: Hirschman on the passions

I Enjoyed Hirschman’s analysis, which, however, is quite narrow in its scope and is elucidated very early. This essentially means that the rest of the tje is him reiterating the more or less same argument through the eyes of Montesquieu, Hitschman, Smith etc.: Capitalism thus sprung out of a dire necessity to deal with a war-mongering aristocracy and their inferior gove I Enjoyed Hirschman’s analysis, which, however, is quite narrow in its scope and is elucidated very early.

Capitalism thus sprung out of a dire necessity to deal with a war-mongering aristocracy and their inferior governance. The most nad part is probably when he discusses how alienation and a loss of autonomy was the crucial argument of the philosophers when emphasising the need for a vastly expanded commercial sector – they desired what has become a key capitalist critique later on.

Oh, and skip the Sen foreword, that was a complete waste of time.

The afterword is nice though. Dec 03, Muhtadi Faiaz rated it really liked it. If anyone wants to read a well-written book which summarizes the developments in economic philosophy before 20th century through a coherent narrative, this is the book for you!

It was fascinating to see how economics evolved from seeing ‘passions and interests’ as the worst side of human beings, which should always be kept in check; to using the passion of greed and self-interest as a force which triumphs other ‘harmful’ passions and thus helps people to live ‘good’ lives. The model, most econom If anyone wants to read a well-written book which summarizes the developments in economic philosophy before 20th century through a coherent narrative, this is the book for you!

The model, most economic philosophers followed before 20th century, involved this ‘fight’ between different passions and interests of human beings. In this framework, capitalism was justified by showing how capitalism, harnessing the power of self-interest and greed, can dominate other harmful passions and lead human society to progress.

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Hirschman does a beautiful job of tracing the origin of capitalism and its intended effects, as well as bringing into conversation most of the important seventeenth- and eighteenth-century thinkers on the topic. Frustratingly and almost certainly intentionallyhe does not attempt a conclusion; rather, he suggests that the alternate origin and intent of capitalism which he adduces should be recognized by other economists and economic historians so that they don’t simply rehash the same tired a Hirschman does a beautiful job of tracing the origin of capitalism and its intended effects, as well as bringing into conversation most of the important seventeenth- and eighteenth-century thinkers on the topic.

Frustratingly and almost certainly intentionallyhe does not attempt a conclusion; rather, he suggests that the alternate origin and intent of capitalism which he adduces should be recognized by other economists and economic historians so that they don’t simply rehash the same tired arguments of the last three hundred years. Mar 24, Roger B rated it really liked it Shelves: Aug 06, Jeff rated it really liked it.

Dec 21, Lee rated it really liked it. A great meditation on the evolution of the philosophical ideas that gave birth to capitalism. Feb 17, Radwa rated it really liked it Shelves: An interesting, yet challenging, read This is probably all one can ask of history, and of history of ideas in particular: Oct 30, Nick Geiser rated it it was amazing. Hirschman was in some sense a student of irony. The Passions and the Interests, for instance, is a study of how “capitalism was supposed to accomplish exactly what was soon to be denounced as its worst feature.

Hirschman offers a revisionist intellectual history of capitalism in which, rather than revolution of bourgeois norms against aristocra Hirschman was in some sense a student of irony.

Hirschman offers a revisionist intellectual history of capitalism in which, rather than revolution of bourgeois norms against aristocratic ones, the spirit of capitalism was actually the result of a revolution in thinking among elites about the relative merits of the passions and the interests.

In particular, Hirschman’s intellectual history of capitalism’s rise differs markedly from Marx bourgeois revolution and Weber ethos regarding salvation. The passions–especially those associated with glory and vanity–came to be understood as dangerous relative to others–those like gain.

A passion for gain came to be understood as an interest that could control and regulate more dangerous, spirited motives. Hirschman also deals with the effects figures like Montesquieu and Steuart foresaw for self-interest on politics, and why these effects might be ambivalent.

Tocqueville, for example, worried that self-interest would draw less talent into politics and increase opportunities for bad leaders. One implication of Hirschman’s analysis is that it de-radicalizes current arguments about capitalism. By showing that the same arguments about the relative strengths of the passions and the interests were central to early writers in capitalism’s history as modern writers, we should probably be less inclined toward the view that “capitalism changes everything” and normative political economy should start from a blank slate.

The Passions and the Interests: Political Arguments for Capitalism Before Its Triumph

Jan 30, Ferda Nihat Koksoy rated it really liked it Shelves: This book is a brisk perusal of intellectual history from Machiavelli to late 18th century. The author wishes to highlight an intellectual process whereby the question of the earlier period, how to manage passionate people now that religion doesn’t seem to work, gave rise to the idea that one can subsume the motives of men to one overarching idea of “interest”.

This in integests allowed the analysis of political economy based on private gain that accompanied the rise of capitalism in late 18th centur This book is a brisk perusal of intellectual history from Machiavelli to late 18th century.

This in turn allowed the analysis of political economy based on private gain that accompanied the rise of capitalism in late 18th century. The author concludes by highlighting the rhetorical use of arguments based or leading to such an analysis to political power structures. There are merits to this book, mainly that it shows a passionz grasp of the literature surveyed, so the intereptation seems legitimate.

In this way, the author’s conclusion, that those that advocated for capitalism could not have fathomed the capitalists excesses at the 19th and 20th century seems pat and condescending. Dec 24, Yognik rated it liked it. He takes time to come to the point.

Only after exhausting all genealogies and histories from all possible political philosophers and French intellectuals does he make a little statement of his own.