Fetishism and the Theory of Value by Desmond McNeill

Author:Desmond McNeill
Language: eng
Format: epub
ISBN: 9783030561239
Publisher: Springer International Publishing

This intentionality on the part of the players is at the very core of game theory, so that de Saussure certainly cannot be cited in support of the view that game theory is the appropriate mathematical method for understanding language. It can certainly be argued, and indeed has been argued by many, that game theory is appropriate for understanding economic behaviour. But this is only if one adopts a very different position from that which Lévi-Strauss appears to favour, and for which structuralist analysis might be appropriate. The manner in which he argues the case for games theory is most revealing:When we look at the Theory of Games what do we find? … these players are engaged in operations which all correspond to experiences of actual life: they fight or form alliances, conspire with or against each other, cooperate or exploit each other. This, therefore, is a form of economics which … resolutely concentrates on actual beings, encountered in real life, with an immediate historical and psychological significance. … (This new economics) derives from both the great schools of thought between which economics has hitherto been divided—pure, or would-be pure, economics, which is inclined to treat homo oeconomicus as a properly rational individual, and sociological and historical economics as originated by Karl Marx, which aims, primarily, at providing the dialectical apparatus for a struggle. Both these schools are represented in von Neumann’s theory. For the first time, therefore, so-called bourgeois and capitalistic economics and Marxist economics have one common language at their disposal. (Lévi-Strauss 1954: 587)

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