Michel Foucault, The Birth of Biopolitics – Chapter Twelve

Written by Terry Flew on October 24, 2009

• ‘Homo economicus strips the sovereign of power inasmuch as he reveals an essential, fundamental and major incapacity of the sovereign, that is to say, an inability to master the totality of the economic field. The sovereign cannot fail to be blind vis-à-vis the economic domain or field as a whole. The whole set of economic processes cannot fail to elude a would-be central, totalizing, bird’s-eye-view’ (p. 292).

• Possible solutions were : (1) to

Continue Reading

Michel Foucault, The Birth of Biopolitics – Chapter Eleven

Written by Terry Flew on October 23, 2009

• The problem of homo economicus and its applicability to domains that are not immediately and directly economic (crime, marriage, child rearing etc.) is interesting as it posits a notion of the “rational subject” that bears no relationship to the work done in the social sciences on how individuals respond to behavioural stimuli, but it also presents homo economicus not as someone who should be left alone (as in the theory of laissez faire), but rather as

Continue Reading

Michel Foucault, The Birth of Biopolitics – Chapter Ten

Written by Terry Flew on October 22, 2009

• Paradoxes of German neoliberalism (Ordoliberalism):o How to maintain “light” regulation that dies not act directly upon the market but only in favour of promoting the economic process?o How to address the tension inherent in generalizing the enterprise form to balance the promotion of “warm” moral and cultural values with the “cold” mechanisms of competition?

• ‘The return to the enterprise

Continue Reading