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Political Consequences

In: Pathology of the Capitalist Spirit: An Essay on Greed, Hope, and Loss

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  • David Levine

Abstract

There is a tension between the spirit of capitalism and regulating what individuals can do with their wealth. Further, so far as regulation is meant to lessen the impact of losing on life chances, it reduces or eliminates the experience of loss that is so much a part of the purpose of the capitalist process. Finally, intolerance of regulation and authority results when we substitute fantasy for reason (our connection to external reality) as the basis for conduct and relating, a substitution implied in the disease of the infinite. Among the factors promoting this substitution, two are of special importance: the connection between self-interest and greed, and the dominance of fixed ideas rooted not in interests, but in myth and fantasy, a factor also linked to greed.

Suggested Citation

  • David Levine, 2013. "Political Consequences," Palgrave Macmillan Books, in: Pathology of the Capitalist Spirit: An Essay on Greed, Hope, and Loss, chapter 5, pages 67-87, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-34679-7_6
    DOI: 10.1057/9781137346797_6
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