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Date: | Mon Nov 20 15:50:44 2006 |
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As economists interested in the history of "our" discipline, we have to
ask ourselves: of what use is an "enlightenment", or of what use is
philosophy, or (for that matter) of what use is economics, if it fails
to address the fundamental issues in a society at the brink of chaos?
Should the "blame" for the French Revolution not be laid on the
shoulders of the most intelligent and best-educated minds in France for:
(a) failing to see the Revolution coming (to the degree they
failed to see it);
(b) failing to address the concerns of their people; and
(c) failing to distance themselves from their own elite class
sufficiently to understand that it was futile to
try to make the current system work, so that they could
have implemented "root and branch" reforms that would have
enabled the barbarism of the French Revolution to be avoided?
Equally, in our day, should blame not be laid on the shoulders of the
most-intelligent and best-educated "contemporary Philosophes" or
economists who can at least dimly sense the huge challenges of our
globalising world but who choose to hide behind the elegant formulae of
mathematics - perhaps because (as in the case of the French
Philosophes?) they do not want to risk their lifestyle....
Prabhu Guptara
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