Create a 4 page essay paper that discusses The Passions and the Interests.Download file to see previous pages… The point of departure in Hirschman’s thesis is that “[capitalism] would activate some

Create a 4 page essay paper that discusses The Passions and the Interests.

Download file to see previous pages…

Haven’t Found The Relevant Content? Hire a Subject Expert to Help You With
Create a 4 page essay paper that discusses The Passions and the Interests.Download file to see previous pages… The point of departure in Hirschman’s thesis is that “[capitalism] would activate some
Post Your Own Question And Get A Custom Answer
Hire Writer

The point of departure in Hirschman’s thesis is that “[capitalism] would activate some benign human proclivities at the expense of some malignant ones.” In a “cash is king” or “money makes the mayor go” environment which basically elevates capitalism to the status of a savior ideology and a panacea to all social and individual ills, his commentary on capitalism stands out for which the proponent needs intellectual courage.

One of the findings of Hirschman points towards the repression of human passion in favor of harmless commercial interests which became the centerpiece of capitalism but soon denounced as a negative feature emerging out of it. Thus nobel laureate Amartya Sen creates a scenario to elucidate the interplay between violent passion in society and individual’s interest in acquiring wealth in what he calls a “crude example”: consider a situation in which you are being chased by murderous bigots who passionately dislike something about you-the color of your skin, the look of your nose, the nature of your faith, or whatever. As they zero in on you, you throw some money around as you flee, and each of them gets down to the serious business of individually collecting the notes. As you escape, you may be impressed by your own good luck that the thugs have such benign self-interest, but the universalizing theorist would also note that this is only an example of the general phenomenon of violent passion being subdued by innocuous interest in acquiring wealth. Hirschman makes the point that individuals are better off trading with each other rather than fighting with each other.

Hirschman relives the intellectual climate of the seventeenth and eighteenth centuries to highlight the changes in the capitalist ideology, wherein the pursuit of wealth which was once condemned as greed was later on upheld as a contributing factor towards harnessing and taming the destructive passions of individual. Compared with the Marxian interpretation wherein capitalism would cease to exist as an ideology with the withering away of the state, Hirschman’s interpretation of capitalism and its rise takes an innovative form in that he maintains that capitalism is an unending ideology and that it only transformed itself through a series of internal processes into the modern market economy or its various off-shoots witnessed in many parts of the world.

Hirschman taking inspiration from a large number of thinkers including Montesquieu, John Miller and Sir James Steuart “to gain a perspective on the meaning and significance of the views” spends some time narrating different views on the impact of economic activity on politics, and though the different views often advocate different policies, the common thread in the argument is that economic growth including betterment of the masses leads a society towards stabilization and which in turn may lead towards a process of democratization. According to Hirschman, if passions represent the state, and interests represent capitalism, the state regulates capitalism and capitalism is expected to regulate or tame the rulers’ passions..

myhomeworkgeeks (28431)
New York University

Hire an Expert to Help you

Hire Verified Expert

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Have a homework question? Get help from verified tutors now!

Are You Looking For Assignment Help? We Can Certainly Assist You

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • ~Dissertations
  • ~Essays
  • ~All Assignments

  • ~Research papers
  • ~Term papers