Albert Hirschman is an important social theorist, generally classified as evident in Hirschman’s book, The Passions and the Interests (). The Passions and the Interests: Political Arguments for Capitalism Before its. Triumph. Albert O. Hirschman. Princeton: Princeton University Press, , pp. x, . ALBERT O. HIRSCHMAN, The Passions and the Interests: Political Arguments for Capitalism Before its Triumph. Pp. vii, Princeton, N.J.: Princeton.

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In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and eighteenth centuries to illuminate the intricate ideological transformation that occurred, wherein the pursuit of material interests–so long condemned as the deadly sin of avarice–was assigned the role of containing the unruly and destructive passions of man.

Hirschman here offers a new interpretation for the rise of capitalism, one that emphasizes the continuities between old and new, in contrast to the assumption of a sharp break that is a common feature of both Marxian and Weberian thinking. Among the insights presented here is the ironical finding that capitalism was originally supposed to accomplish exactly what was soon denounced as its znd feature: To portray this lengthy ideological change as an endogenous process, Hirschman draws on the writings of a large number of thinkers, including Montesquieu, Sir James Steuart, and Adam Smith.

Featuring a new afterword by Jeremy Adelman and a foreword by Amartya Sen, this Princeton Classics edition of The Passions and the Interests sheds light on the intricate ideological transformation from which capitalism emerged triumphant, and reaffirms Hirschman’s stature as one of our most influential and provocative thinkers. Keohane, Journal of Interdisciplinary History.

Hirschman was one of the leading intellectuals of the twentieth century, renowned for his contributions to economics, the social sciences, and the history of ideas. Would you like to tell us about a lower price? If you are a seller for this product, would you like hhe suggest updates through seller support?

Read more Read less. Discover Prime Book Box for Kids. Add both to Cart Add both to List. Buy the interedts items together This item: The Passions and the Interests: Ships from and sold by Amazon. Economics and Christian Desire by William T. Customers who bought this item also bought. Page 1 of 1 Start over Page 1 of 1. Exit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and States.

Economics passinos Christian Desire. The Rhetoric of Reaction: The History of a Dangerous Idea. Review “Hirschman’s volume stands as a principal contribution to the growing literature that is beginning to reshape our understanding of the legitimating beliefs undergirding the rise of the modern market economy. Princeton Classics Book 2 Paperback: Princeton University Press; Revised ed.


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Showing of 8 reviews. Top Reviews Most recent Top Reviews. There was passiohs problem filtering reviews hte now. Please try again ihterests. A seminal book by an intellectual giant — based on the simplest of propositions underpinning all of history: How nasty can we afford to be to other human beings if acting in such a way damages our material interest? Kindle Edition Verified Purchase. This short book is an eye opener, for all of us w ho struggles with the concept of interest in it reduced form.

Albert O. Hirschman: The Passions and the Interests – Waggish

It opens up where knterests concept comes from and what it was supposed to do for us. One person found this helpful. Interesting perspective regarding that overview. Augustine to Friedman- a well written, Augustine to Friedman- a well written, complete and logical interpretation of the motivations and incentives which are the foundations of capitalism.

Albert Hirschmann is probably better tthe for his ‘Exit, Voice, and Loyalty, but this book, ‘The Passions and the Interests’ provide insights into Hirschmann’s grappling with hurschman international economic problem of uneven development passionss poverty. Hirschmann was an economist when the non-soviet and soviet spheres competed for domination over the decolonialized nations after WWII.

Much of his work attempted to explain why 3rd world nations were unable to achieve satisfactory economic development. In the ‘Passions and the Interests,’ Hirschmann addresses human foibles related to the problem of political psychology as one can discern from Machiavelli’s work.

You can say that this book is Hirschmann’s analysis of Machiavelli. Hirschman is indeed an economist “of the people”. His insights and especially his de-demonizing of Teh, give hope for a world and it’s people who deserve better than the current models be they capitalist, socialist or communist. I albett recommend this book to anyone who has an interest in the interrsts of Planet Earth. Political Arguments for Capitalism Before Its Triumph” is an essay as insightful and thought-provoking as it is elegant.

Of course, before the dawn of capitalism, the pursuit of economic interests is considered one of the worst passions; avarice is a foe of the Platonic conception of Reason and the Christian view of the Truth. Nevertheless, with the decline of feudalism and the rise of absolutist monarchies, the great concern of thinkers like Hobbes is the rising power of the state and the passions that lead monarchs and their states into ruinous external and civil wars.


In this context, the pursuit of wealth is transformed in the seventeenth and eighteenth centuries into the pursuit of material interest.

Two eighteen century thinkers at the center of this argument are Montesquieu and Sir James Steuart. The former proposes that a laissez-faire economy softens and refines the passionate and violent excesses of man: Overall, the pursuit of individual interest is assigned the role of a mid-way countervailing force, a force that contains the passions of humanity, and particularly the passions of political leaders. Put another way, making money is no longer considered a purposeful bulwark against excess, but an ironic and unseen force of social stability and peacefulness.

In the interetss, Hirschman provides a salutary lesson for the history of ideas: Hirschman, in other words, is a voice for moderation and mindfulness.

Instead of simply oscillating between one extreme and the other, we should recognize that our hirschmna discontent may in fact be the result of attempts to resolve older problems, and that by abandoning current policies we may unwittingly return to an older but nevertheless still unsatisfactory paradigm.

See all 8 reviews. Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more hirxchman Amazon Giveaway. Set up a giveaway.

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