- 15 Oct 2023 23:10
#15291185
The Economic Case for Aristocracy
"...Interestingly, the notion of economic efficiency can be traced back to the Italian economist and sociologist Vilfredo Pareto. Initially Pareto seemed to fall into the classical liberal tradition of thinking that simply liberating market forces would result in optimal outcomes. But as time went on Pareto grew disillusioned with this view and started to focus on the importance of elite structures in society, which eventually led to his flirtation with the then-ascendent Italian fascist movement. This flirtation can in large part be explained by Pareto’s intransigent modernism and his unwillingness to take more classical political traditions seriously, but the very fact that the key theorist of efficiency ended up realizing the need for nonmarket-based political hierarchies is revealing...."
read more: https://www.postliberalorder.com/p/the- ... ristocracy
Philip Pilkington, Postliberal Order, Aug 7, 2023
"...Interestingly, the notion of economic efficiency can be traced back to the Italian economist and sociologist Vilfredo Pareto. Initially Pareto seemed to fall into the classical liberal tradition of thinking that simply liberating market forces would result in optimal outcomes. But as time went on Pareto grew disillusioned with this view and started to focus on the importance of elite structures in society, which eventually led to his flirtation with the then-ascendent Italian fascist movement. This flirtation can in large part be explained by Pareto’s intransigent modernism and his unwillingness to take more classical political traditions seriously, but the very fact that the key theorist of efficiency ended up realizing the need for nonmarket-based political hierarchies is revealing...."
read more: https://www.postliberalorder.com/p/the- ... ristocracy
Philip Pilkington, Postliberal Order, Aug 7, 2023