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In *The Passions and the Interests*, Albert Hirschman examines the intellectual milieu of the seventeenth and eighteenth centuries to explain the ideological shift that framed the pursuit of material interests as a counterbalance to humanity's unruly passions. Hirschman offers a fresh interpretation of capitalism’s rise, emphasizing continuities with earlier traditions rather than a sharp break commonly assumed in Marxian and Weberian analyses. Drawing on thinkers such as Montesquieu, Sir James Steuart, and Adam Smith, he demonstrates how early capitalism was originally intended to suppress passions in favor of the supposedly "harmless" interests of commercial life—an irony that he highlights as a key insight into the era’s ideological development.
First publish date: 1977
Genre: History/Modern History
Authors: Albert Otto Hirschman
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