Why am I passionate about this?
I have been studying neoliberal political economy and its future transformations since I wrote Rationalizing Capitalist Democracy. One major insight has been the deep entanglement of neoliberal political-economic practices with de facto power relations. The liberal normative bargaining characterizing Adam Smith’s Wealth of Nations yields to coercive bargaining in which threats of harm are the surest and best means to get one’s way. If one seeks to understand how systems will evolve when governed by strategic competition, then orthodox game theory is useful. However, if one seeks to live in a post-scarcity society in which genuine cooperation is possible, then we can enact solidarity, trust-based relationships, and collective moral accountability.
S.M.'s book list on to move beyond neoliberalism
Why did S.M. love this book?
Neoliberal political economy assumes either a strategic rational actor or an irrational actor who needs to be “nudged” to act rationally. This theory endorses a theory of individualist agency which holds that ultimately all agents must compete against each other. This system of thought emphasizes a lack of alternatives and recommends institutions that accept that actors are narrowly self-interested: people evolved to be machines that survive and propagate. Against this view of human agency, alternative theorists construct theories of action in which individuals can reason together, act in concert, and together be morally accountable. Schwenkenbecher effectively builds this alternative perspective affording possibilities of intentional cooperation and collective moral action.
1 author picked Getting Our Act Together as one of their favorite books, and they share why you should read it.
Together we can often achieve things that are impossible to do on our own. We can prevent something bad from happening, or we can produce something good, even if none of us could do it by ourselves. But when are we morally required to do something of moral importance together with others?
This book develops an original theory of collective moral obligations. These are obligations that individual moral agents hold jointly but not as unified collective agents. The theory does not stipulate a new type of moral obligation but rather suggests that to think of some of our obligations as…
- Coming soon!