Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles

We began with the idea that underpins all of Girard’s theories––imitation. Conflict between people, he believes, is rooted in our propensity for imitation or in what he calls “mimetic desire”—an idea that began to take shape for him through his study of the great European novelists.

Burgis breaks down the theories behind mimetic desire and the teachings of René Girard, why all of our behaviors are imitative, why we desire things we don’t need, and why this all leads to missing out on aspects of life that are far more meaningful and valuable.