Albert Hirschman is an important social theorist, generally classified as evident in Hirschman’s book, The Passions and the Interests (). The Passions and the Interests: Political Arguments for Capitalism Before its. Triumph. Albert O. Hirschman. Princeton: Princeton University Press, , pp. x, . ALBERT O. HIRSCHMAN, The Passions and the Interests: Political Arguments for Capitalism Before its Triumph. Pp. vii, Princeton, N.J.: Princeton.

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Ironically, it is in Tocqueville that Hirschman sees a viable counterargument.

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

Alexa Actionable Analytics for the Web. This is a book that should be widely read, and I would recommend it to anyone remotely interested in the emergence of the capitalist system.

Inhe won the Benjamin Ane. Discover Prime Book Box for Kids. 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: Herfindahl proposed a similar index but without the square root inapparently unaware of the prior work.

Feb 22, katie rated it it was amazing Shelves: The Passions and the Interests by Albert O. Shopbop Designer Fashion Brands. Page 1 of 1 Start over Page 1 of 1.

Following that he held a succession of academic appointments in economics at Yale University —Columbia University —Harvard University — and the Institute for Advanced Study — Amazon Drive Cloud storage from Amazon. Featuring a new afterword by Jeremy Adelman and a foreword by Amartya Sen, this Princeton Classics edition of The Passions and the Interests sheds light on the intricate ideological transformation from which capitalism emerged triumphant, and reaffirms Hirschman’s stature as one of our most influential and provocative thinkers.

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This book is a brisk perusal of intellectual history from Machiavelli hlrschman late 18th century. This short book was included in the bibliographies of many books I’ve read, so I thought it was time to read it.

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. To that end, he says that Tawney’s and Marx’s theories about the rise of capitalism are to black-and-white, and he tacitly and intedests replaces a nuanced historical study of the actual rise of capitalism.

Oct 30, Nick Geiser rated it it was amazing. Feb 06, Brian rated it paassions it Shelves: Published January 26th by Princeton University Press first published Explore the Home Gift Guide.

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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. BerlinGerman Empire. Of course, before the dawn of capitalism, the pursuit of economic interests is considered one of the worst passions; avarice is a foe of the Platonic conception of Reason and the Christian view of the Truth.

The hope of theorists of the early modern period was that this would result in the wider spread of prosperity, resulting in intereste less wealth inequality. Exit, Voice, and Loyalty: A concise history of the idea of capitalism, Hirschman provides a compelling counter-argument to Weber’s Protestant Ethic. 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 albfrt 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.


This short book is an eye opener, for all of us w ho struggles with the concept of interest in it reduced form. The Passions and the Interests: Pages with related products.

Albert O. Hirschman: The Passions and the Interests – Waggish

Well apart from this the book makes sense. Start reading The Passions and the Interests on your Kindle in under a minute. Capitalism was promoted by thinkers including Montesquieu, Sir James Steuart, and Adam Smith as repressing the passions for “harmless” commercial activities. Sep 09, Alex rated it it was amazing. Augustine to Friedman- a well written, I should think the key idea of this nuanced essay comes from the Cardinal de Retz, tge says that “interest governs the world.

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