Bourgeois Virtues

Bourgeois Virtues

Speaking of Deirdre McCloskey, Dalibor Rohac offers a nice overview of her recent work in a WSJ profile. Here's the core argument of McCloskey's most recent book, Bourgeois Dignity:

Modern economic growth, she claims, is a result of an ideological and rhetorical transformation. In the Elizabethan period, business was sneered upon. In Shakespeare's plays, the only major bourgeois character, Antonio, is a fool because of his affection for Bassanio. There is no need to dwell on how the other bourgeois character in "The Merchant of Venice," Shylock, is characterized.

She contrasts this with attitudes 200 years later. When James Watt died in 1819, a statue of him was erected in Westminster Abbey and later moved to St. Paul's cathedral. This would have been unthinkable two centuries earlier. In Ms. McCloskey's view, this shift in perceptions was central to the economic take-off of the West. "A bourgeois deal was agreed upon," she says. "You let me engage in innovation and creative destruction, and I will make you rich." A commercial class that was not ostracized or sneered at was thus able to activate the engine of modern economic growth.

Ms. McCloskey insists that alternative explanations for the Industrial Revolution fail, for a variety of reasons. Property rights, she says, could not have been the principal cause because England and many other societies had stable and secure property rights for a long time. Similarly, Atlantic trade and plundering of the colonies were too insignificant in revenue to have made the real difference. There had long been much more trade in the Indian Ocean than in the Atlantic, moreover, and China or India had never experienced an industrial revolution.

By elimination, Ms. McCloskey concludes that culture and rhetoric are the only factors that can account for economic change of the magnitude we have seen in the developed world in past 250 years.

I've never felt secure in any of the main positions of the great debate over the root cause of modern growth, but I find myself inclined toward McCloskey's case, if not fully prepared to abandon my materialist inclinations. (To get a stronger sense of the texture of the debate, take a gander at this stimulating Cato Unbound forum on Bourgeois Dignity.)

Rohac concludes his piece like so:

The danger of our era is that the bourgeois deal is slowly crumbling away. It is under attack from the political left and also from economists whose work revolves around one sole virtue—prudence—thus eroding the public understanding of markets and economic life. Looking at the West's current economic woes, it is easy to share Ms. McCloskey's concern that unless we revive a sense of dignity and approbation for entrepreneurship and innovation, we might easily kill the goose that lays the golden eggs of our prosperity.

I don't think there is really any significant threat to bourgeois ideals "from the left". Respect for business, entrepreneurship, and invention is so thoroughly ingrained in our society, I can hardly imagine grounds for serious worry. Spend fifteen minutes at the Harvard Business Review site and try not to conclude that our culture is so thoroughly invested in the values of innovation, efficiency, costumer/consumer satisfaction, relentless self-improvement and general entrepreneurial go-getterness that it borders on the pathological.

Actually, I just took my own advice. Here's the blog of an energetic gentleman who, in addition to having founded "an agenda-setting advisory boutique that shaped strategies across media and consumer industries," also offers, for our benefit

a five-step program for reimagining and redesigning prosperity — beginning at the biggest of levels, the global economy, through to the micro-level, the organizations we all spend most of our days in — that's composed not merely just of more bigger faster, but of radically better.

This is advertised as "mastering the art of living meaningfully and well." Because if the art of living meaningfully and well is not the art of more, bigger, faster, and radically better living, then what is it? Sure glad it's not six steps!

Anyway, if the commercial ethos of our culture is in any way endangered, it's endangered more by the more-bigger-faster-radically-better vulgarity of the capitalist rubber-chicken circuit than by its leftist critics, who are, if they're any good, busting their asses trying to move units like the rest of us saps.

Chomsky completists aside, the complaints of the left seem to me mild as milk, amounting to little more than a minor refinement in the balance of our bourgeois values, and some welcome resistance to the bad economist's false doctrine that, given the right structure of incentives, self-interest is entirely self-regulating and thus entirely benign. Like unrestrained self-interest, unrestrained egalitarian sentiment can also wreak havoc. But it's an indispensable protective and liberating force, too, spiritedly resisting the sort of concentrations of power required for the worst oppression. A little light class war is part and parcel of the bourgeois liberal bundle. Filter all the OWS hullabaloo through the broader culture and you're left with the complaint that poor people don't get enough help and rich people are too lightly taxed. Whatever you'd call that, it's not an attack on bourgeois values.

A brief history of human dignity

What is human dignity? Here's a primer, told through 200 years of great essays, lectures, and novels.

Credit: Benjavisa Ruangvaree / AdobeStock
Sponsored by the Institute for Humane Studies
  • Human dignity means that each of our lives have an unimpeachable value simply because we are human, and therefore we are deserving of a baseline level of respect.
  • That baseline requires more than the absence of violence, discrimination, and authoritarianism. It means giving individuals the freedom to pursue their own happiness and purpose.
  • We look at incredible writings from the last 200 years that illustrate the push for human dignity in regards to slavery, equality, communism, free speech and education.
Keep reading Show less

Urban foxes self-evolve, exhibiting Darwin’s domestication syndrome

A new study finds surprising evidence of the self-evolution of urban foxes.

A fox at the door of 10 Downing Street on Janurary 13, 2015.

Photo by JUSTIN TALLIS/AFP via Getty Images
Surprising Science
  • A study from the University of Glasgow finds urban foxes evolved differently compared to rural foxes.
  • The skulls of the urban foxes are adapted to scavenging for food rather than hunting it.
  • The evolutionary changes correspond to Charles Darwin's "domestication syndrome."

How much can living in the city change you? If you were an urban fox, you could be evolving yourself to a whole new stage and becoming more like a dog, according to a fascinating new study.

Researchers compared skulls from rural foxes around London with foxes who lived inside the city and found important variations. Rural foxes showed adaptation for speed and hunting after quick, small prey, while urban fox skulls exhibited changes that made it easier for them to scavenge, looking through human refuse for food, rather than chasing it. Their snouts were shorter and stronger, making it easier to open packages and chew up leftovers. They also have smaller brains, not meant for hunting but for interacting with stationary food sources, reports Science magazine.

Interestingly, there was much similarity found between the male and female skulls of the urban foxes.

The observed changes correspond to what Charles Darwin called the "domestication syndrome," comprised of traits that go along with an animal's transition from being wild, to tamed, to domesticated.

The study was led by Kevin Parsons, an evolutionary biologist at the University of Glasgow.

"What's really fascinating here is that the foxes are doing this to themselves," Parsons told the BBC. "This is the result of foxes that have decided to live near people, showing these traits that make them look more like domesticated animals."

The researchers are not suggesting you should go out and get a fox as a house-pet just yet. But they are seeing the evolutionary process taking place that's moving the urban foxes along the path towards becoming more like dogs and cats, explained the study's co-author Dr. Andrew Kitchener from National Museums Scotland.

A fox beneath a tree in Greenwich park, south east London

A fox beneath a tree in Greenwich park, south east London on May 14, 2020.

Photo by Glyn KIRK / AFP

"Some of the basic environmental aspects that may have occurred during the initial phases of domestication for our current pets, like dogs and cats, were probably similar to the conditions in which our urban foxes and other urban animals are living today," said Kitchener. "So, adapting to life around humans actually primes some animals for domestication."

The specimen came from the National Museum Scotland's collection of around 1,500 fox skulls.

You can read the study in the Proceedings of the Royal Society B.

fox sleeping beneath stadium seats

A fox at the LV County Championship, Division two match between Surrey and Derbyshire at The Brit Oval on April 9, 2010 in London, England.

Photo by Clive Rose/Getty Images

​'The time is now' for cryptocurrencies, PayPal CEO says

Is Bitcoin akin to 'digital gold'?

Technology & Innovation
  • In October, PayPal announced that it would begin allowing users to buy, sell, and hold cryptocurrencies.
  • Other major fintech companies—Square, Fidelity, SoFi—have also recently begun investing heavily in cryptocurrencies.
  • While prices are volatile, many investors believe cryptocurrencies are a relatively safe bet because blockchain technology will prove itself over the long term.
Keep reading Show less

"Clean meat" approved for sale in Singapore

Singapore has approved the sale of a lab-grown meat product in an effort to secure its food supplies against disease and climate change.

Credit: Adobe Stock / Big Think
Politics & Current Affairs
  • Singapore has become the first country to approve the sale of a lab-grown meat product.
  • Eat Just, the company behind the product, will have a small-scale commercial launch of its chicken bites.
  • So-called "clean meats" may reduce our reliance on livestock farming, which kills billions of animals worldwide every year.
  • Keep reading Show less
    Scroll down to load more…