Bilder in der Geschichte der Ökonomie

Ötsch, Walter

doi:10.1007/978-3-658-29411-3_6

Cited by 1 publication

(2 citation statements)

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“…Her task is to identify the conditions under which a market optimally reflects the interests of all participants, and to help decision-makers bring these conditions about. For Hayek, neither ordinary citizens nor even most economists but only a small group of what he calls ‘philosophers’ grasp this paradoxical epistemology in which experts reject expertise on expert grounds (Ötsch, 2021).…”

Section: The Rhetoric Of Truth: From Lippmann To Hayekmentioning

confidence: 99%

“…Their special expertise, he claimed, enables them to understand how market-like mechanisms can bring together the knowledge of experts and that of ordinary citizens in ways that further the common good – not only in the market but also in other areas of society. But where economists are proven wrong even on their home turf, this argument for an ‘economicized society’ (Ötsch, 2021) starts to collapse. Once the market fails to hold together expert knowledge and ordinary citizens’ knowledge, the model reveals the internal tensions that already troubled Lippmann.…”

Section: The Inner Logic Of a Post-truth Rhetoricmentioning

confidence: 99%

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Neoliberalism and Post-Truth: Expertise and the Market Model

Straßheim

2022

Theory, Culture & Society

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Contrary to widespread assumptions, post-truth politicians formally adopt a rhetoric of ‘truth’ but turn it against established experts. To explain one central factor behind this destructive strategy and its success with voters, I consider Walter Lippmann and Friedrich Hayek, who from 1922 onwards helped develop and popularize a political rhetoric of ‘truth’ in terms of scientific expertise. In Hayek’s influential version, market economics became the crucial expert field. Consequently, the 2008 financial crisis impacted attitudes towards experts more generally. But even sweeping rejection of experts continues to use the rhetoric, by now dominant, of expert truth. Paradoxically, this bipartisan language fuels division as opponents accuse each other of disregarding ‘truth itself’. Against the underlying metaphysics of context-free ‘facts’, John Dewey and Alfred Schutz recommend understanding truth as ‘presumptive’ knowledge produced within human practices, which can be robust but requires a readiness to engage in pluralistic and open-ended processes of (re-)contextualization.

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Section: The Rhetoric Of Truth: From Lippmann To Hayekmentioning

confidence: 99%

Section: The Inner Logic Of a Post-truth Rhetoricmentioning

confidence: 99%