Rational Irrationality and Capitalist Technocracy

The most recent exposition of the neo-liberal attack on democracy was published at the outset of what Wolfgang Streeck has called the current ‘crisis of democratic capitalism.’[1]  In The Myth of the Rational Voter, Bryan Caplan firmly embeds the neoliberal pursuit of free market capitalism within a Platonic critique of the irrationality of the masses … More Rational Irrationality and Capitalist Technocracy

The Myth of the Rational Economist

This year marks the fiftieth anniversary of E. P. Thompson’s classic book, The Making of the English Working Class. The book chronicles the state sanctioned proletarianization of English craftworkers and artisans in the late eighteenth and early nineteenth centuries. Thompson’s primary goal in writing the book was to rescue working people from the ‘enormous condescension … More The Myth of the Rational Economist