Darwinism & Communism, Part I
Does Darwinism lend support more naturally to a capitalist moral-economic perspective or to some other competing philosophical standpoint, say, a Marxist one? Economic historian Niall Ferguson takes the former view. He’s been having a good run with his new book The Ascent of Money: A Financial History of the World — that is, apart from being taken to task by a number of reviewers for applying a Darwinian framework to understanding market forces. In the current New York Review of Books, economist Robert Skidelsky chides Ferguson for purveying “false analogies between financial evolution and Darwinian natural selection….These attempts to explain the rise of money in terms of natural processes strike me as being both morally and philosophically naïve.” Ferguson describes Read More ›







































