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Hegel's Perspectives on Capitalism and Freedom

   

Added on  2023-04-22

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SOCIOLOGY
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Hegel's Perspectives on Capitalism and Freedom_1

1SOCIOLOGY
Introduction
Freedom is inconceivable without negation. The ability to critically counteract the givens
of the existence of freedom, whether they have been derived from biology or from cultural
patterns tends to provide the foundation for the subject’s self-determination. Hegel with the
competence to distinguish the central role that negation involves itself in the creativity of
subjectivity has been a prominent philosopher of freedom. The foundation for Hegel’s
conception of capitalism has been understood as the sphere of civil society, the middle zone in
the theoretical aspect of ethical life. Furthermore, in the view of Etzioni (2014), in current times,
the political expression along with the economic realism have been essentially obtaining
transformed consideration to the appropriate function of the administration in the financial
system, reopening in the course comprehensively related subjects of supporting economy1.
Meanwhile, Hegel’s justification regarding the facets of “civil society” as a subject of personal
autonomy has been significantly distinguished as well as enabled him to be a supporter of free
enterprise as well as the ‘minimal’ state. Murphy and Parkey (2016) argued that in terms of
Hegel the autonomy or lack of restrictions of the exacting within the state of affairs in the end
does not guarantee institutionally if the monetary classification fails to enclose monetary axis of
result free of the state. Consequently a structure of liberated market financial system can further
be perceived as enduring institutional backer of the self-determination of the individual.
However, such assertions according to Etzioni (2014) did not signify that the liberated market be
basically left to itself2. The widespread has been forced based on the judicial system along with
the police or public influence; however the obligation has been acceptable not by the condition
1 Etzioni, Amitai. "Common good." The encyclopedia of political thought (2014): 603-610.
2 Murphy, Tim, and Jeff Parkey. "An economic analysis of the philosophical common good." International Journal
of Social Economics 43, no. 8 (2016): 823-840.
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of the collective but by the egotism of the individual. Thus the purpose of the state in the logic of
the external state such as civil society and further in the view of the state proper seems to be
minimal in consideration to the economic order. The following paper will argue on the way
freedom has been exploited in the capitalist society by casting light on Hegel’s perspectives
related to the moral as well as social bases of property and capital. Additionally, it will
emphasize that the ideas of Schein in Hegel’s Science of Logic fundamentally articulates the
structure of ideology in generalized view and exclusively, the principles of equality and freedom
in capitalism.
Discussion
According to Smith (2015), Hegel in the foremost part of the Science of Logic, the logic
of being fundamentally discussed the fundamental groupings which explain the world, as it is
immediately accessible to individuals. The chore of the logic of essence, which pursued the logic
of individual, provided the fundamental method of groupings with which to take hold of the
indispensable structure of the world3. Hegel further initiated the logic of essence with the
category of Schein (semblance) in order to justify the way being has been reachable to
individuals that is the way scheint related to essence. Moreover studies of Jütten (2015) claimed
that the category of facade symbolized the way being is ‘sublated’ or assimilated in essence. The
logic of essence has purposed to offer the essential structure of concepts in order to comprehend
the unseen conditions of the visible individuals. Furthermore, in the view of Smith (2015), the
sense of essence reflected the logic which acquired exclusively through the study of relations.
From the position of the logic of essence what appeared as self-subsistent individual developed
in reality as not self-subsistent but as the effect of certain associations, reasons, implications,
3 Smith, Tony. "Hegel and capitalism: Marxian perspectives." Proceedings of the Hegel Society of America 22
(2015): 181-198.
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arguments, circumstances, services which constituted individuals4. Similarly as per the studies of
Jütten (2015), the way capitalism appeared to individuals primarily produced in the course of the
logic of being suggesting capitalism to be essentially as a market economy. Thus, it has been
noted that individuals in market dealings must be equal before the law and trade of commodities
of equivalent price.
Comprehensive studies of Thompson (2015) stated that in market dealings individuals
have been considered self-subsistent fragments which tend to be peripheral to the association
which develop the level of equivalence5. Furthermore, as individuals tend to show freedom in
market transactions, individuals who fail to appropriate the assets of others by power or by the
means of hostility, however by treating individuals as the landlord who can dispose of it at one’s
own free determination thus reflecting the way capitalism emerged to individuals. Drawing
relevance to these implications, Obeng-Odoom (2016) exposed that the freedom and equal
opportunity acquired in trade essentially emerged as the surface development, under which
wholly diverse developments take their occurrences whereby such an apparent impartiality and
freedom fade away. Thus contemporary authors have asserted that capitalism individuals tend to
indivisible from social dealings, thus systematically determined by them6. Further to this, such
social dealings signified as relations of supremacy and inequality. Thus drawing relevance to
Hegel’s assertions Murphy and Parkey (2016) stated that the logic of being appeared as false
ontology which tends to hide the factual ontology of essence. However, the certainty of essence
4 Jütten, Timo. "Is the market a sphere of social freedom?." critical horizons 16, no. 2 (2015): 187-203.
5 Thompson, Michael J. "Capitalism as deficient modernity: Hegel against the modern economy." Proceedings of the
Hegel Society of America 22 (2015): 117-132.
6 Obeng-Odoom, Franklin. "Property in the commons: Origins and paradigms." Review of Radical Political
Economics 48, no. 1 (2016): 9-19.
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