Economic rationalism can undermine important social structures from "summary" of Dark Age Ahead by Jane Jacobs
Economic rationalism, when unchecked, has the potential to erode the very social structures that are essential for a healthy and thriving society. This ideology places a high value on efficiency and profit maximization, often at the expense of other important considerations. In the pursuit of economic gains, businesses and individuals may neglect the well-being of communities, the environment, and even their own long-term interests. When economic rationalism dominates decision-making, social institutions that safeguard the common good can be weakened or dismantled. For example, public services that provide essential support to vulnerable populations may be privatized or defunded in the name of cost-cutting and efficiency. This can have devastating consequences for those who rely on these services for their basic ne...
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