Saturday, September 15, 2018

Techne, Capitalism, Marxism

Techne is Know-How, i. e. the application of knowledge of a Causal relation to the securing of an End.  In other words, it combines Theory and Practice, the obviousness of which makes the long history of the separation and, perhaps, antagonism, of them a bit of a mystery.  Now, the involvement of Techne in Economics has generally gone unrecognized, primary because Capitalism and Marxism each entails a super-personal  component--the Invisible Hand and the Materialist Dialectic.  But, as such, each is a Theory, that gets applied to Practice.  For, as has been previously discussed, Revolution is the Materialist Dialectic applied to the elimination of the causes of Exploitation.  Likewise, Capitalism combines the individual pursuit of Profit, and the Invisible Hand, as a means to the accumulation and distribution of Wealth, as is quite clear from Smith's writings.  In other words, Laissez-Faire is conceived as a Causal factor in the formulation of the Theory that gets applied to a certain End, a rival of Theories of the Effects of regulation in that Practical context.  So, Economics is, in all such cases, even when constituted by mathematical equations, a product of Techne, i. e. a program or doctrine, not a Theory.

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