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Economy and Society

In: Conservative Capitalism

Author

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  • David Reisman

Abstract

Insulation from other people provides no immunity from the inertia of the established. The Tabula Rasa, deserted without family, peers or the internalised categories of remembered socialisation that kept Crusoe an Englishman, can still be a conservative. Extrapolation from experience makes him conceptualise the future as if it were the past. His mind employs rules of thumb which channel new cognitions through existing biases. Aspiration-levels which have not disappointed are pressed into service in circumstances which have changed. The hypothetical isolate, never other than alone, can, it would appear, become trapped in a rut that is no less a rut for the fact that he himself laid it out. The hut under attack from a boar, the river about to flood, Wild Peter still clings to his tea at three. His tendency to use his biography as a crutch is indicative of that normative conservatism that was discussed in the preceding chapter.

Suggested Citation

  • David Reisman, 1999. "Economy and Society," Palgrave Macmillan Books, in: Conservative Capitalism, chapter 4, pages 79-109, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98278-5_4
    DOI: 10.1057/9780333982785_4
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