"Economists over the last hundred years remained stubbornly attached
to one particular idea, the mechanistic epistemology which dominated the
orientation of the founders of the Neoclassical School. [...] They thus
had some attenuating circumstances, which cannot, however, be invoked
by those who came long after the mechanistic dogma had been banished
even from physics. The latter-day economists, without a single second
thought, have apparently been happy to develop their discipline on the
mechanistic tracks laid out by their forefathers, fiercely fighting any
suggestion that economics may be conceived otherwise. [...] The
consequence of this indiscriminate attachment to the mechanistic dogma
[...] is thus reduced to a timeless kinematics. [...] Complete reversibility is the general rule, just as in mechanics" (347-48).
Our house is on fire. Join the resistance: Do no harm/take no shit. My idiosyncratic and confluent bricolage of progressive politics, the collaborative commons, next generation cognitive neuroscience, American pragmatism, de/reconstruction, dynamic systems, embodied realism, postmetaphysics, psychodynamics, aesthetics. It ain't much but it's not nothing.
Monday, December 2, 2013
Energy and economic myths
Continuing the recent theme of regressive myths, Georgescu-Roegen
is mentioned in this wiki on thermoeconomics. He's been preaching thermoeconomics
for decades but has been largely ignored by the economic ideologues
wedded to Enlightenment-era mechanics and its brainchild, capitalism. Here are a few excerpts from one
of his 1975 articles, "Energy and economic myths":
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