Organizing the Marketplace

Abstract

This essay engages a classic debate about the way nineteenth-century biology was informed by contemporaneous developments in political economy, and vice versa. However, rather than argue for a convergence between classical liberalism and Darwinian evolution, this essay traces the way that the concept of organization moved between both fields of discourse. Compared to the theory of evolution by natural selection, the logic of organization was far more teleological and, often, authoritarian. Instead of asserting that competition for access to scarce resources among autonomous agents yields adaptive outcomes in the population at large, it held that organic entities inexorably tend to develop from a state of simplicity to one of complexity. Moreover, it stressed the production of hierarchical structures wherein the whole was privileged over its constitutive parts, in biology as well as society. It is my thesis that the logic of organization proved especially attractive in debates about the transition from free-market to corporate capitalism, providing a powerful means to describe, discuss, and dispute the centralization, rationalization, and bureaucratization that contemporary observers often took to be characteristic of a distinctly modern political economy.