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5.0 out of 5 stars
The Acquisitive Society, March 15, 2011
The central argument of The Acquisitive Society (1921) is that Britain is infested with a false philosophy that prizes material accumulation over civilised values. This is not merely a modern occurrence, but one that can be traced back to the 17th century, with the gradual displacement of a body of ethics from the economic realm that affirmed our essential humanity by limiting exploitation and preserving communal ties.
Prior to the ascent of capitalism, economical activity was merely one compartment of existence, with its operation regulated, albeit imperfectly, by an overriding moral consensus; the retreat of the Church and the Christian Casuistry, allowed the market to be magnified to generate a monomaniacal society in which all aspects of life are subjugated by economic concerns. This materialism results in an atomised society in which social duties are subsumed by individual rights; where human beings are reduced from the ends of ethical consideration to mere tools of accumulation; where private property is sanctified to ensure that it is preserved to benefit a narrow section of the population, and society is scarred by class resentment and division.
Tawney's solution is for the creation of a Functional Society, which is socialistic in all but name. This new society will be animated by the principle of social purpose, with all actions directed to the fulfilment of obligations to the community, rather than self aggrandisement. Although Tawney is primarily concerned to identify the broad philosophical contours of this society, he does offer practical prescriptions. First, the commanding heights of the economy should be brought into public ownership, with transport, arms production and energy deemed too important to be left to the market. Tawney, as distinct from other notable socialists, cautions against elevating nationalisation to an end in itself; rather it is a means to deliver beneficial social outcomes to be judged according to this criterion. Second, private ownership of productive property is acceptable providing that its meets social objectives and its owners are motivated by the principle of social service. Third, that within public and private organisations, powers are devolved to the workers, primarily through trade unions, to play an active role in running organisations, with parliamentary oversight ensuring that producer power does not encroach on the interests of the consumer.
The Acquisitive Society is remarkably prescient in its principles, whilst being anachronistic in its prescriptions. In the current climate of economic turbulence, free market fundamentalism is under a sustained assault for the very reasons outlined in Tawney's work. There is an emerging consensus that the market has over reached itself, not merely because of its failure to generate sustainable growth, but because it has encouraged forms of human behaviour, like greed and selfishness, that are morally and socially unacceptable. Within this discourse of social and economic decay, Tawney's appeal for a more humane society focussed on collective social concerns does resonant. In terms of his prescriptions, the period since the publication of The Acquisitive Society provides little evidence that public ownership or workers co-operatives have been particularly successful in delivering social objectives, let alone sustaining themselves as efficient economic organisations. Tawney's faith in these socialistic ideas reflects the tenor of the times in which he wrote, when capitalism was perceived to be imperilled and doctrines like guild socialism were flourishing. Although governments are once more employing nationalisation, it is being adopted as an emergency measure, rather than as a long term tool of socialist renewal.
At times of capitalist crisis, it is Marx, with his doctrine of the inevitability of collapse, that marauds round the pages of our newspapers as the Prophet, only to return to the dustbin of history as capitalism re-emerges renewed and reformed. When we emerge from the tumult, rather than substituting one fundamentalism for another, it is to figures like Tawney that we should look to for inspiration in reconstituting our society. In The Acquisitive Society, and the superior Equality, Tawney, does not provide a systematic theory that is devoid of errors and misconceptions, but he does outline a broad philosophical disposition that is striking in its humanity, and salutary in its promotion of social purpose.
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