The Divine Market “Free-market cultural revolution” - by Dany R. Dufour[Reading report] by Gaëtan Irrmann

2008-10-28

The author was part of the "Alternative Management" third year program in HEC Paris in 2007/2008.

The idea of a ‘divine market' is rooted in Jansenist and Calvinist theologies and is symbolized by Adam Smith's « invisible hand ». It states that the satisfaction of self-interest is necessary in order to achieve general interest. By dint of turning human weaknesses into public virtue, economic liberalism has become inevitable. In this philosophical essay, Dany-Robert Dufour lists the consequences of such paradigm, from the most obvious to the most confined. In ten chapters, each one corresponding to a new commandment of ultra-liberalism, he studies the impact of liberalism on every aspect of our society: the relationship between individuals, education, politics and economics, Law, art, etc… Dufour intends to show that a cultural revolution is on its way.

Quote article  Gaëtan Irrmann, « The Divine Market “Free-market cultural revolution” - by Dany R. Dufour », 28 october 2008, Alternative Management Observatory (AMO), [Reading report]
http://appli6.hec.fr/amo/Articles/Entry/Item/69.sls

In the same section

Their big fear - by François Ruffin

[Reading report]

[Reading report] : François Petitjean

Object of all passions for several centuries, the political confrontation between protectionism and free trade has never looked so in favor of the second, as free trade had become an indisputable dogma. However, the French industrial collapse that depicts François Ruffin pushes the journalist who...

>>Read more

Le Prix - by Paul Jorion

[Reading report]

[Reading report] : Alexis Lemeillet

Taking a new look on how prices get formed, The Price can be summed up in a double way back: way back to Adam Smith on the one hand, to whom the price does not pop up by comparing supply and demand; way back to Aristotle on the other hand, to whom the price is reflecting a comparison between the...

>>Read more

Chronicle of a failure foretold: the challenge of rural areas for micro-finance, through a case study in Ecuador

[Research paper]

[Research paper] : Caroline Charhon

In the last couple of years, micro-finance has been subject to growing critics regarding its efficiency and its ability to reach its goals of poverty alleviation. In this research essay, we intend to think about one of the main challenges for micro-finance today: the rural areas. Through the study...

>>Read more

Indian Growth: a review of macro-economic issues – by Christophe Cottet

[Reading report]

[Reading report] : Juliette Carcano

In this article, Christophe Cottet enumerates the causes of the spectacular growth that India has experienced over the last 4 decades. Then, he analyzes the macro-economic risks raised by its recent economic slowdown. The author identifies four major issues: the creation of proper jobs to absorb...

>>Read more

The Culture of the New Capitalism - by Richard Sennett

[Reading report]

[Reading report] : Elodie Payre

The Culture of the new capitalism, written by Richard Sennett, aims at providing the reader with an overall view of the American sociologist's research works and writings. This essay describes the transformations that have affected the world since the 1970's (globalisation, the shareholders'...

>>Read more

With the same doctype

Reading report

Creating A World Without Poverty - by... The challenges of the twenty-first... by Camille Portejoie
The Rebel III - by Mongo Béti Le Rebelle III is a collection of Mongo... by Amine Habiballah
Farm City – The Education of an Urban... Refreshingly and edgy, Novella... by Christoph Melerski
Cannibals with forks - by John Elkington The objective of this review is to... by Dalma Berkovics
End of the West, birth of the World -... Coming back to the origins of mankind,... by Matthieu Dardaillon
The Silent Transformations, by... Western thought, as much as the Greek... by Thomas Desdouits
Ecology, community and lifestyle We are going through a deep ecologic... by Margaux Vinez
The big tipping point The social... Jean-Michel Severino and Olivier Ray... by Marie Baranger
Crops for the future – How... Crops for the future is a travel log... by Sabrina Gonçalves Krebsbach
Du contre-pouvoir - by Miguel... The authors try to pass past former... by Gwenaël Gaigeard