Creative Destruction

David Levine

Chapter 4 in Pathology of the Capitalist Spirit: An Essay on Greed, Hope, and Loss, 2013, pp 45-66 from Palgrave Macmillan

Abstract: 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.

Keywords: Creative Destruction; Speculative Movement; Temporal Plane; External Reality; Creative Potential (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34679-7_5

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DOI: 10.1057/9781137346797_5

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