Discussion about this post

User's avatar
Jan Wiklund's avatar

The take on mainstream economics is perfect. You should send it to Real-World Economics Review, pae_news@btinternet.com, it would be happy. After all, it's the official paper of the world's biggest association of economists, those who object to mainstream.

But I don't think ideologies are at fault, people can make anything under the cover of an ideology. Stalin was a "socialist", remember? And the term "liberalism" was invented as a self-designation for those who were against arbitrary government in Spain in the 1810s. And, by the way, "socialism" was invented as a self-designation of the charity bourgeoisie in France in the 1830s. Labels change.

What is true is Marx's idea that the ruling thoughts in a society are the thoughts of its ruling class. And in the North Atlantic world, the ruling class is the rentiers – people who don't want to build, don't want to work, just want to plunder the wreck and collect the proceeds.

Expand full comment
john webster's avatar

Today we live in a number of parallel worlds. The triumph of China and the hell of Gaza. The point this commentary misses is - what motivates people? There is no single answer. The comments about Liberalism are all accurate. It really is yesterdays order and the eruption of critiques of it stands testimony to that. But in everyday life 'money' was never my prime motivation. I was never rich and on occasions had nothing. But I was still motivated - mainly to fight the bastards that wanted war and saw 'the poor' as the enemy. There was something unsatisfactory about this post - like a meal that left you feeling you hadn't eaten anything. When I re-read it, it dawned on me that this was really the point of it..'modern Liberalism.... has neither Growth nor Progress as its objective. What does it have then? Nothing, really, and that’s the terrifying thing'.

Expand full comment
57 more comments...

No posts

Ready for more?