Frédéric Lordon is a popular French economist. He is best known for serving as the Director of Research the French National Centre for Scientific Research (CNRS), which is both the largest governmental research organization in France as well as the largest fundamental science agency in the whole of Europe.
Lordon was born on 15th January 1962. He received his early education from the École nationale des Ponts et Chaussées, where he completed his degree in 1985. Thereafter, he pursued his further studies from the Institut Supérieur des Affaires, an institution from which he graduated in 1987. Like most renowned economist, Lordon took the teaching route after completing his academic studies. He is currently a teacher at the Ecole des Hautes Etudes en Sciences Sociales, a prominent establishment for research and higher education in Paris.
Ever since 2004, Lordon has remained Director of Research at the CNRS. He is working under the Bureau d’économie théorique et appliquée, which is a research laboratory belonging to the University of Strasbourg and the University of Lorraine along with the French National Centre for Scientific Research. In 2010, he joined the “Economistes atterrés“. This group is a collection of economists who are inclined towards rejecting conventional economic doctrines, including popular ones such as the efficient market hypothesis.
Much of Lordon’s work has been dedicated towards presenting the ideas and views of famous Dutch philosopher, Baruch Spinoza, in his study of economics. He is an active participant at public debates which take place in France regarding the key economic issues, especially the existing crisis state of capitalism. Lordon provides his insights and unique perspective in relation to such problems and suggests his opinions on how to better prevent or deal with such crises.
Frédéric Lordon took a keen interest in the dynamics of the subprime mortgage crisis and studied it in great detail. As a product of his understanding, he proposed a tax policy in response to this predicament. The Shareholder Limited Authorized Margin, as it would be called, was designed to set boundaries on the profit making capabilities of businesses. Lordon believes that this measure should be undertaken so that the motivation of firms in the economy is not just to post better figures on the stock market, as is the case these days.
Lordon has written quite a few texts in the course of his professional career. Some his popular works include Les Quadratures de la politique économique in 1997, La Politique du capital in 2002, and Spinoza et les sciences sociales. De l’économie des affects à la puissance de la multitude in 2008 which he wrote in collaboration with Yves Citton.
In his book, désir et servitude: Marx et Spinoza, Frédéric Lordon discusses questions raised by Karl Marx and applies Spinoza’s ideas and philosophy to them in an attempt arrive at a solution. He finds it difficult to understand why people continue to not only support, but fight for a system which perpetuates their own exploitation. He terms this issue as colinearization, claiming that anything is which provides satisfaction, joy, or power is an object of love; in the society’s case this is money as it helps people acquire anything of perceived value. Lordon further outlines two strategies which helps achieve colinearization in a society, both of which are concerned with man’s ability to imagine.