NAOS
Well-Known Member
I'm late to the party here, but this was an interesting thread to read while I ate breakfast and I think I'll chime in. I'll just give a quick sketch where I stand, since I think it's different from most of you.
I completely acknowledge the genius of Keynes as a student of the capitalism of his time. His vision rationalized a fluidity of capital while acknowledging the instantiated (read: not natural) nature of markets. The guy was perhaps the single most important person in the 20th century, whether you love him or hate him. That said, I think his policies are now almost entirely unfit for the current sociopolitical milieu, free trade regime, as well as current morphologies and movement of capital (a long discussion). Moreover, the globe wouldn't support (environmentally or culturally) the wave of neo-colonialism and global economic domination that was parallel to and propped up Keynesian economic success (while I only read the first 4 pages of this thread, I didn't see anyone acknowledge this brute historical fact). In short, Keynes's insights were embedded in a teleology of progress via capital growth... something I think we must critically challenge. Most people in the USA think this is a naturally given fact.
These beliefs leave me in a pretty tough bind if we are considering political representation in the United States. The Dems are pretty much Keynesians thru and thru, and the Republicans are ideologues trying to prophetize about the inevitability of capital's liquidity -- a reductionist vision of history based on the struggle of capital to gain fluidity from the regulations of gold, then national reserves, etc. In other words, ********. I'm more and more staunchly anti-classical-liberal, and I do not endorse capitalism and market mechanisms being the bass chord of our affiliations with one another and the world. If you don't think this is the case, then please provide a contrary argument.
The implications of what I'm saying strike right at the heart of the national State an apparatus of power and order. I'm searching for alternatives; that is the work that I do on a daily basis.
I completely acknowledge the genius of Keynes as a student of the capitalism of his time. His vision rationalized a fluidity of capital while acknowledging the instantiated (read: not natural) nature of markets. The guy was perhaps the single most important person in the 20th century, whether you love him or hate him. That said, I think his policies are now almost entirely unfit for the current sociopolitical milieu, free trade regime, as well as current morphologies and movement of capital (a long discussion). Moreover, the globe wouldn't support (environmentally or culturally) the wave of neo-colonialism and global economic domination that was parallel to and propped up Keynesian economic success (while I only read the first 4 pages of this thread, I didn't see anyone acknowledge this brute historical fact). In short, Keynes's insights were embedded in a teleology of progress via capital growth... something I think we must critically challenge. Most people in the USA think this is a naturally given fact.
These beliefs leave me in a pretty tough bind if we are considering political representation in the United States. The Dems are pretty much Keynesians thru and thru, and the Republicans are ideologues trying to prophetize about the inevitability of capital's liquidity -- a reductionist vision of history based on the struggle of capital to gain fluidity from the regulations of gold, then national reserves, etc. In other words, ********. I'm more and more staunchly anti-classical-liberal, and I do not endorse capitalism and market mechanisms being the bass chord of our affiliations with one another and the world. If you don't think this is the case, then please provide a contrary argument.
The implications of what I'm saying strike right at the heart of the national State an apparatus of power and order. I'm searching for alternatives; that is the work that I do on a daily basis.