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23059
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Self-interest is not rational, if the self is just a succession of memories and behaviour [Sidgwick, by Gray]
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Full Idea:
Sidgwick said self-interest is not self-evidently rational. Unless we invoke a religious idea of the soul, human personality is no more than a succession of continuities in memory and behaviour. In that case, why should anyone favour their future self?
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From:
report of Henry Sidgwick (The Methods of Ethics (7th edn) [1874]) by John Gray - Seven Types of Atheism 2
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A reaction:
This sounds like Locke's account of the self, as psychological continuity. We can say that our continuous self is a fiction, the hero of our own narrative. Personally I think of the self as a sustained set of brains structures which change very little.
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4129
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It is self-evident (from the point of view of the Universe) that no individual has more importance than another [Sidgwick]
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Full Idea:
It is a self-evident principle that the good of one individual is of no more importance, from the point of view of the Universe, than the good of any other, ..and as a rational being I am bound to aim at good generally, not merely at a particular part.
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From:
Henry Sidgwick (The Methods of Ethics (7th edn) [1874], III.XIII.3)
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A reaction:
Showing that even a very empirical theory like utilitarianism has an a priori basis. Of course, the principle is false. What about animals, the senile, criminals, androids? What bestows 'importance'?
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21936
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A community must consist of singular persons, with nothing in common [Derrida, by Glendinning]
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Full Idea:
In Derrida's modal reversal (where the only possible forgiveness is forgiving the unforgivable), the only possible community is the impossible community, which is a 'community of singularities' without anything in common.
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From:
report of Jacques Derrida (later work [1980]) by Simon Glendinning - Derrida: A Very Short Introduction 7
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A reaction:
Since this seems to go beyond multiculturalism, I can only see it as hyper-liberalism - that isolated individuals have an absolute status. Sounds like Nozick, but Derrida saw himself as a non-Marxist left-winger.
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24073
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Capitalists use their exceptional power to impose their own rules, and make the state their ally [Davies,W]
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Full Idea:
Capitalists exploit their unrivalled control over time and space in order to impose their rules on everyone else. …It triumphed late, only becoming dominant in the 19th century, when it had conscripted the state as its ally.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
This so very much makes sense of the modern world. Nowadays capitalists are so wealthy that the state has largely become their pawn, rather than their ally. Populist leaders are their puppets (and are well rewarded).
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24070
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Economies have material, economic and capitalist layers [Davies,W]
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Full Idea:
Braudel's economic history has three layers. At the bottom is material life of consumption, production, reproduction. Next is economic life of markets, of equals in exchange and competition. Top is capitalism, of opacity, monopoly, power, high profits.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
The point Davies emphasises here is the sharp distinction between the market economy and capitalism.
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24074
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Capitalism must mainly rely either on the labour market, or on the financial markets [Davies,W]
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Full Idea:
According to Marxists, the one market capitalism cannot do without is the labour market, which creates saleable things. Others, influenced by Keynes, emphasise financial markets, where pieces of paper change hands on expectation of their value.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
Modern Britain fits the Keynesian account much better, given its low production, and very active (until recently) London financial market.
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24072
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Capitalism is the anti-market, with opacity, monopolies, powers, exceptional profits and wealth [Davies,W]
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Full Idea:
Braudel sees capitalism as the 'anti-market': a world of opacity, monopoly, concentration of power and wealth, and the exceptional profits that can be achieved only by escaping the norms of 'economic life'.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
Given all the talk about the wonders of the 'free market' from right-wingers, this passage came as a revelation to me. Capitalists all dream of a monopoly, which is precisely the destruction of a market.
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24071
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Markets are transparent, with known prices and activity, and minimal profits [Davies,W]
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Full Idea:
Markets are characterised by transparency. Prices are public, and all relevant activity is visible to everyone. And because of competition, profits are minimal, little more than a 'wage' for the seller.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
This account, from Braudel, is to distinguish markets from capitalism.
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