Conclusion

David Reisman

Chapter 10 in Conservative Capitalism, 1999, pp 258-260 from Palgrave Macmillan

Abstract: Abstract The subject of this book has been conservative capitalism. It has sought to show that the past is embedded in the present even of history’s most future-orientated economic system. Chapters 2 and 3 made much of extrapolation and expectation, Chapters 8 and 9 of acquired mindsets and habitual networks. Chapter 4 argued that economy is anchored in society, Chapter 5 that society is governed by convention, Chapter 6 that both society and convention evolve gradually over time. Chapter 7 suggested that methodological individualism may be the analytical tool but still the choices and the turnings may have been the free gift of culture, socialisation and cumulative causation. Conservative capitalism is the social economy. The reader who concludes that suicide or madness remain the only unrestricted options open to the unfettered autonomy would do well to turn to the index to see if statistical probability has placed him in an at-risk category.

Keywords: Social Economy; Methodological Individualism; Habitual Network; Rational Shopper; Cumulative Causation (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98278-5_10

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DOI: 10.1057/9780333982785_10

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