Monthly Archives: June 2012

Worldly Non-Philosophy: The Principle of Sufficient Economics

The key component of François Laruelle’s Non-Philosophy is its identification of the ‘Principle of Sufficient Philosophy’, which he claims has been presupposed by all philosophies throughout history. It is surprising, then, to see how simply it can be formulated: “Everything is philosophizable.” The PSP adopts its name from the ‘Principle of Sufficient Reason’ propounded by Leibniz, which stated that everything has a reason for being the way it is. The ‘sufficiency’ of philosophy, then, lies in its purported ability to apply itself (as a discourse) to every element of the Real: with philosophies of  ‘culinary materialismthe human voice, and even economics, the list of possibilities for “philosophy of x” seems limitless.

Laruelle’s innovation lies in his denial of the PSP: he states that the structure of philosophy is so constituted that it precludes itself from accessing certain elements of the Real, or more simply, that its methodological presuppositions lead to an overly constrained definition of what constitutes thought. Thus Laruelle posits that there exists a Non-Philosophy going beyond philosophy’s boundaries: his project aims to create new forms of thinking, as well as to comprehend the structure of philosophy by means of examining it from an outside perspective.

As this brief essay will endeavour to show, there also exists a Principle of Sufficient Economics (PSE), one identical in content with the Principle of Sufficient Philosophy (PSP), albeit different in its linguistic form. The following will describe why it is that the PSE takes a different linguistic form from the PSP (rather than being the simple transposition ‘everything is economizable’), how Sraffian theory demonstrates that the PSE is false, how Keynesian theory provided the initial break with the PSE, and how Austrian economics’ tacit assumption of the PSE entirely invalidates their criticism of Keynesian macroeconomics.

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