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                                      Contemporary Cultural Theory



                   of religious, political, ethical and aesthetic value as by any
                   kind of cognitive knowledge, scientific or otherwise. Hence
                   the importance for Parsons of ‘a common system of ultimate
                   values as a vital element in concrete social life’ (p. 469). It is
                   precisely such systems of ultimate value, he argued, that
                   organise, integrate and de-randomise the ends of individual
                   social actors. Whatever the strengths or weaknesses of Parsons’
                   general sociology, he was surely right to identify in utilitarian-
                   ism this fundamental incapacity to understand the significance
                   for action of human values, whether religious, political, ethical
                   or aesthetic. For economists such sins are merely venial, but for
                   the cultural theorist they become irreparably mortal.
                      The enduring appeal of utilitarianism owes a great deal more,
                   however, to a happy coincidence between its thematics and those
                   of powerful business interests than to whatever inherent intel-
                   lectual power it might possess. This was obviously so during the
                   1980s, when Thatcherism and Reaganism were simultaneously
                   at their most hegemonic and most radical. But the immense
                   institutional and intellectual prestige that still attaches to univer-
                   sity economics departments also seems to owe far less to the
                   discipline’s supposed ‘scientificity’ than to its effectiveness as
                   political and social propaganda.  As the German sociologist
                   Max Horkheimer observed, the consonance between ‘theory’ and
                   ‘fact’, in intellectual thought as much as in commonsense, is
                   ‘conditioned by the fact that the world of objects to be judged
                   is in large measure produced by an activity that is itself deter-
                   mined by the very ideas which help the individual to recognise
                   that world and to grasp it conceptually’ (Horkheimer, 1972,
                   p. 202). In our view, utilitarianism functions in precisely such
                   a fashion in contemporary western societies. It will figure in what
                   follows, then, not as an alternative solution to the cultural
                   problems of capitalism, but rather as importantly constitutive of
                   those very problems, as part of the socio-cultural context against
                   which other cultural theories have been obliged to define them-
                   selves.
                      In chapters 2 to 6, we chart the development of five versions
                   of non-utilitarian cultural theory, which we term, very loosely:
                   culturalism, critical theory, semiology, difference theory and post-

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