Michael Shermer of Scientific American fame has a new book out (which will be arriving in the mail soon, I hope) about evolution and economics, called The Mind of The Market: Compassionate Apes, Competitive Humans, And Other Tales from Evolutionary Economics. His theme is how the market, like evolution, is a process of spontaneous orderâ€”a â€œself-organized emergent order.â€
Shermer is peddling an undiluted ideology, much of his thinking derivative from Hayek and Mises. The question of ‘spontaneous order’ (Hayek) is a Darwinian spinoff, and as a thesis it is clearly false. There is nothing spontaneous about the emergence of order in world history and the development of civilization.
A careful look at the eonic effect shows a complex directionality in the developmental sequence of human historical culture.
But the Darwin fetish is almost beyond correction in these market fanatics, with their mythology of Darwinism as backup.