The Bad Faith in the Free Market The Radical Promise of Existential
Innovatively combining existentialist philosophy with cutting edge post-structuralist and psychoanalytic perspectives, this book boldly reconsiders market freedom. Bloom argues that present day capitalism has robbed us of our individual and collective abi
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Peter Bloom
The Bad Faith in the Free Market
Peter Bloom
The Bad Faith in the Free Market The Radical Promise of Existential Freedom
Peter Bloom Open University Milton Keynes, UK
ISBN 978-3-319-76501-3 ISBN 978-3-319-76502-0 (eBook) https://doi.org/10.1007/978-3-319-76502-0 Library of Congress Control Number: 2018936141 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover Credit : Chaichan Ingkawaranon / Alamy Stock Vector Printed on acid-free paper This Palgrave Macmillan imprint is published by the registered company Springer International Publishing AG part of Springer Nature The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
Preliminary Intervention: Confronting Our A Bad Faith It has taken less than two decades since the start of the new millennium for the end of capitalist history to begin. The idea that liberal democracy would reign supreme and free markets would rule the globe is crumbling fast. In its place is a popular revolt that filled with both progressive light and retrogressive shadows. Perhaps the most crucial question of this transitional era is whether we can once more have the courage to reimagine our world in theory and practice. Or will we sacrifice the potential to create a radically new society on the altar of old ideologies or impassioned desires for destruction for its own sake? At the heart of these urgent and fundamental questions is whether we have the courage to move on from a bad faith in the free market. What though is precisely meant by bad faith? For the famous existentialist French philosopher Sartre—who coined the term—it stands for more than simply believing in a false objective truth. It was the maintaining of this belief despite our knowledge that it was indeed not worthy of such idolatry (as not
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