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Creative Destruction

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

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  • David Levine

Abstract

The capitalist spirit plays itself out in a drama of the creation and destruction of the world. While we are in the habit of thinking that this process is all about the creation of objects capable of a higher order of satisfaction, it is actually a process not of gaining but of losing. In this process, the losers are the most important actors. We can understand the capitalist process, then, as a loser’s game. While the game is meant to enable us to reconceive ourselves in a shape that provides definitive evidence of our intrinsic value, its efect is the opposite: to reinforce doubt about the self. Capitalism is not about self-interest but self-doubt.

Suggested Citation

  • David Levine, 2013. "Creative Destruction," Palgrave Macmillan Books, in: Pathology of the Capitalist Spirit: An Essay on Greed, Hope, and Loss, chapter 4, pages 45-66, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-34679-7_5
    DOI: 10.1057/9781137346797_5
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