Conclusion: Realist Capitalism, Gothic Capitalism

Research output: Chapter in Book/Report/Conference proceedingChapter


There is a great deal of magic in invisible hand social theory. The transformation of vice into virtue is amazing enough, but there is also the market’s apparent self-organization, and the mysterious distance between cause and effect that can lead to sudden booms and shattering collapses. The uncanny deferral of agency in the ‘invisible hand’ metaphor magically resolves the apparent discord between secular capitalism and religious ideas of Providence. The beauty of its imaginary moral machine attracts new adherents in a self-reinforcing feedback loop.

Original languageEnglish (US)
Title of host publicationPalgrave Studies in Nineteenth-Century Writing and Culture
PublisherPalgrave Macmillan
Number of pages3
StatePublished - 2011

Publication series

NamePalgrave Studies in Nineteenth-Century Writing and Culture
ISSN (Print)2634-6494
ISSN (Electronic)2634-6508


  • Interstate Commerce
  • Invisible Hand
  • Moral Functioning
  • Realist Capitalism
  • Religious Idea

ASJC Scopus subject areas

  • History
  • Literature and Literary Theory


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