Albert O. Hirschman served on the faculty of the School of Social Science from 1974 to 2012. His work contributed to the discussion around the economic reasons for the emergence of authoritarian regimes in Latin America in the sixties and seventies and for the return to democratic forms of governance in the eighties. His writing was path-breaking in many areas. His initial work on "unbalanced growth" was important for rethinking development theory; Exit, Voice and Loyalty provided a way of articulating individual and collective responses to a range of institutions from the family to the fall of the German Democratic Republic. He traced the contrast between "interests" and "passions" in the history of social thought from Machiavelli to Tocqueville. He also wrote on the principal forms taken by "reactionary" and "progressive" rhetoric over the past two centuries, demonstrating the powerful attraction exercised by certain invariant arguments. A biography by Princeton University historian Jeremy Adelman Worldly Philosopher, The Odyssey of Albert O. Hirschman, will be published in 2013 by Princeton University Press.

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 worst feature: the repression of the passions in favor of the "harmless," if one-dimensional, interests of commercial life. 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.


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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 worst feature: the repression of the passions in favor of the "harmless," if one-dimensional, interests of commercial life. 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.

Discussing Hirschman in his most influential period, Adelman pinpoints arguments and sources from the notebooks that fed into the writing. He doesn't always get the import quite right. In The Passions and the Interests, Hirschman explored how Enlightenment political philosophers hoped that passions, explosive and nonnegotiable, could be tamed into interests available for brokering and compromise. With contending passions, there could be no civil society, Hirschman wrote. But with interests, there could be the give-and-take of democracy. In Adelman's retelling, "The rule of passions, without checks, could lead to horrible utopias; the reign of interests to soulless pragmatism." This wasn't Hirschman's point.

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 worst feature: the repression of the passions in favor of the "harmless," if one-dimensional, interests of commercial life. 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.

But Hirschman was also the benefactor of uncommon opportunity. Starting in 1956, his academic appointments were at Yale, Columbia, Harvard, and the Institute for Advanced Study (IAS). He also spent a year at the Center for Advanced Study in the Behavioral Sciences. He spent his academic life as an elite intellectual working with other elite academics at the elite institutions. His erudition, sophistication, and wit served him well. He was not a model builder in a profession of model building. He was not a statistician in a world where numbers mattered. He was a storyteller. He no doubt had demonstrated model building and mastery of statistical techniques earlier in his career, but his true mastery was in storytelling. And his stories, whether they were analytical stories or intellectual histories, had themes that readers could latch on to. The play between exit and voice in political and economic processes is one such example, but so would be the play between the passions and the interests in seventeenth- and eighteenth-century political thought. be457b7860

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