Carl L asks: Address the scapegoating theory of René Girard in general, and its possible application to economics. Peter Thiel has repeatedly cited Girard as an important influence and has even said his theory was partly the reason he invested in Facebook.
From my idiosyncratic point of view, here are a few of Girard’s major contributions, noting that I am putting them into “stupid simple” language, rather than trying to communicate his nuances:
1. His understanding of Christianity as fundamentally and radically different from earlier religions, as it exalts the individual victim rather than the conqueror. Here is one point from a summarizer: “Christianity is the revelation (the unveiling) of what the myths want to veil; it is the deconstruction of the mono-myth, not a reiteration of it—which is exactly why so many within academe want to domesticate and de-fang it.”
2. Seeing violence as a chronic problem of human societies, rather than as the result of a bug in rational choice or the collapse into a bad game-theoretic solution.
3. Understanding the import of “mimetic desire,” namely the desire to copy others, and also why this is not always an entirely peaceful process, due to scarcity. The tech world, by the way, at least pretends to have found a solution to this in its extreme scalability of product; we’ll see how that pans out.
4. A theory of mediated and triangulated desire, not yet absorbed by behavioral economics, and partly summarized here: “Whereas external mediation does not lead to rivalries, internal mediation does lead to rivalries. But, metaphysical desire leads a person not just to rivalry with her mediator; actually, it leads to total obsession with and resentment of the mediator. For, the mediator becomes the main obstacle in the satisfaction of the person’s metaphysical desire. Inasmuch as the person desires to be his mediator, such desire will never be satisfied. For nobody can be someone else. Eventually, the person developing a metaphysical desire comes to appreciate that the main obstacle to be the mediator is the mediator himself.”
5. First and foremost approaching societies from an anthropological point of view, prior to the economic method.
6. Understanding various social situations in terms of the need of finding a scapegoat to sacrifice, if not violently with some kind of resolution and catharsis. These days one of those victims would be the big tech companies, as it is remarkable how many weakly-argued critiques of them make the paper every day. You’ll understand these writings through the eyes of Girard, not economic theory. Girard is also one of the best lenses for understanding the writings of bad and manipulative pundits.
7. Girard is of great use for understanding literature. Try any Shakespearean play with “doubles,” Merchant of Venice, Thomas Hardy’s Mayor of Casterbridge (an all-time favorite), or Coetzee’s Disgrace, all Girardian to the core and very much illuminated by familiarity with his key ideas. These are perhaps his most underrated contributions. Shakespeare, by the way, is Girard’s most important precursor, also throw in the New Testament, Hobbes, Tocqueville, and maybe Montaigne.
Where is Girard weakest: His theory of language, his overemphasis on the destructive nature of mimesis, excess claims to have discovered universal mechanisms, just making lots of stuff up, and not knowing enough economics or empirical anthropology.
How important is he?: If you had to pick twenty thinkers from the latter half of the 20th century, he is definitely one of them. By the way, Foucault and Baudrillard might be the other French writers on that list.