Political Philosophy
Mises, Hayek, Rand, Friedman: Prophets of Another Faith (McCarraher 9-Audio)
Nov 15, 2020
Diving into the concept of faith in the 'free market' and how it contrasts with traditional religions. Highlighting the enchanting allure and limitations of neoliberal capitalism. Exploring the shift towards treating economic forces as divine and the implications of blind faith in the market. Reflecting on the origins and consequences of neoliberal ideology.
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Quick takeaways
- Neoliberal capitalism enchants the market with godlike laws, promising grand benefits it cannot deliver.
- Criticism extends to thinkers like Hayek and Friedman, advocating faith in the market as a panacea for societal challenges.
Deep dives
Understanding Ideological Possession
Ideological possession is described as being hijacked by a personality, idea, or system that appears greater than oneself, projected shadow capable of creating a self-fulfilling prophecy. In this state, individuals surrender their freedom to an absolute, unlike faith in Christianity or other religions that preserve moral freedom. The concept emphasizes the danger of accepting enslavement to earthly powers, urging skepticism and not blind faith towards human ideas.
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