Crises, confidence, and animal spirits:exploring subjectivity in the dualism of Descartes and Keynes

This paper will explore the nuanced epistemological status of the economic subject in Keynes’ work, alongside the physiology of the human subject in Descartes’ Passions of the Soul and Treatise on Man. In both instances ‘animal spirits’ serve as an indicator of dualism within the subject. In Descart...

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Autor principal: Sonya Marie Scott
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Publicado: Editura ASE Bucuresti 2018
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spelling oai:doaj.org-article:2e8bab4763824f8e93518a6fd4567eb72021-12-02T08:32:14ZCrises, confidence, and animal spirits:exploring subjectivity in the dualism of Descartes and Keynes1843-22981844-8208https://doaj.org/article/2e8bab4763824f8e93518a6fd4567eb72018-05-01T00:00:00Z https://jpe.ro/pdf.php?id=8004 https://doaj.org/toc/1843-2298https://doaj.org/toc/1844-8208This paper will explore the nuanced epistemological status of the economic subject in Keynes’ work, alongside the physiology of the human subject in Descartes’ Passions of the Soul and Treatise on Man. In both instances ‘animal spirits’ serve as an indicator of dualism within the subject. In Descartes, the spirits mediate between the soul and the body, between the rational and non-rational, by their effect on the pineal gland. In Keynes, animal spirits push up against a certain form of economic rationality and represent a non-rational impulse inherent to human nature that is often opposed to economic reason. While Keynes’ conception of economic subjectivity extends well beyond the rationalism of many of his predecessors, the dualism presented in his work by means of the animal spirits is worth considering in philosophical terms. Ultimately this paper will conclude that Keynes’ work contains an element of what Gilbert Ryle (1949) has termed the ‘intellectualist legend,’ that is, the philosophical assumption that we must think first, and then act, relegating spontaneous action to the realm of the ‘animal’ or the ‘non-rational.’Sonya Marie ScottEditura ASE Bucurestiarticleanimal spiritseconomic rationalitydualismlong-term expectationepistemological subjectivityEconomics as a scienceHB71-74DEENFRJournal of Philosophical Economics, Vol XI, Iss 2, Pp 1-28 (2018)
institution DOAJ
collection DOAJ
language DE
EN
FR
topic animal spirits
economic rationality
dualism
long-term expectation
epistemological subjectivity
Economics as a science
HB71-74
spellingShingle animal spirits
economic rationality
dualism
long-term expectation
epistemological subjectivity
Economics as a science
HB71-74
Sonya Marie Scott
Crises, confidence, and animal spirits:exploring subjectivity in the dualism of Descartes and Keynes
description This paper will explore the nuanced epistemological status of the economic subject in Keynes’ work, alongside the physiology of the human subject in Descartes’ Passions of the Soul and Treatise on Man. In both instances ‘animal spirits’ serve as an indicator of dualism within the subject. In Descartes, the spirits mediate between the soul and the body, between the rational and non-rational, by their effect on the pineal gland. In Keynes, animal spirits push up against a certain form of economic rationality and represent a non-rational impulse inherent to human nature that is often opposed to economic reason. While Keynes’ conception of economic subjectivity extends well beyond the rationalism of many of his predecessors, the dualism presented in his work by means of the animal spirits is worth considering in philosophical terms. Ultimately this paper will conclude that Keynes’ work contains an element of what Gilbert Ryle (1949) has termed the ‘intellectualist legend,’ that is, the philosophical assumption that we must think first, and then act, relegating spontaneous action to the realm of the ‘animal’ or the ‘non-rational.’
format article
author Sonya Marie Scott
author_facet Sonya Marie Scott
author_sort Sonya Marie Scott
title Crises, confidence, and animal spirits:exploring subjectivity in the dualism of Descartes and Keynes
title_short Crises, confidence, and animal spirits:exploring subjectivity in the dualism of Descartes and Keynes
title_full Crises, confidence, and animal spirits:exploring subjectivity in the dualism of Descartes and Keynes
title_fullStr Crises, confidence, and animal spirits:exploring subjectivity in the dualism of Descartes and Keynes
title_full_unstemmed Crises, confidence, and animal spirits:exploring subjectivity in the dualism of Descartes and Keynes
title_sort crises, confidence, and animal spirits:exploring subjectivity in the dualism of descartes and keynes
publisher Editura ASE Bucuresti
publishDate 2018
url https://doaj.org/article/2e8bab4763824f8e93518a6fd4567eb7
work_keys_str_mv AT sonyamariescott crisesconfidenceandanimalspiritsexploringsubjectivityinthedualismofdescartesandkeynes
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