In Proofs And Types at the beginning of 5.1.4 Girard says that the identity axiom is somewhat complementary to the cut rule, more specifically 'The identity axiom says that $C$ (on the left) is stronger than $C$ (on the right); this [cut] rule states the converse truth, i.e. $C$ (on the right) is stronger than $C$ (on the left).'
Can someone explain this to me a little bit further? I only vaguely get the first part of the statement, that the identity axiom roughly says that $C$ (on the left) implies $C$ (on the right), but I don't know what to make of the second part.
I'll add a "long comment" to fweth's one ...
Consider the rules for $\to$ (the conditional). They are respectively :
and
Omitting the contexts and replacing $D$ with $C$, they look like :
and
Now, we can "read" them as meaning respectively :
while :