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Charles Prusik

In: The SAGE Handbook of Frankfurt School Critical Theory

Chapter 97: Neoliberalism: Critical Theory as Natural-History1

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Neoliberalism: Critical Theory as Natural-History1
Neoliberalism: Critical Theory as Natural-History
Charles Prusik

In his ‘Reflections on Class Theory’, Theodor Adorno argues that only in ‘its blind anonymity could the economy appear as fate’ (Adorno, 2003: 110). Economics is the science of the abstract laws that govern society. Throughout the history of classical political economy, and extending beyond throughout the many traditions of economic thought, the ‘economy’ has been analyzed from the standpoint of natural necessity – often in abstraction from its social and historical content. Following Marx’s immanent critique of classical political economy, Adorno’s materialism does not posit an alternative economic theory of society, but rather negates the form of capitalist relations in their naturalized appearance. His Negative Dialectics (1966) is not ...

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