Contemporary liberals are temperamentally conservative — and what they want to conserve is a morally bankrupt political order.,,, A characteristic of neoliberalism? Maybe I was predisposed to democratic socialism; I always considered myself to be “on the Left,” even as a teenager. In any case, it’s become clear in retrospect that watching the liberal class respond to events over the past decade has been a powerful stimulus in my politicization. Which is to say, I didn’t acquire radical...
Read More »Michael Roberts — Socialism and the White House
The Trump White House research team have issued a very strange report. It’s called “The Opportunity Costs of Socialism,”. It purports to prove that ‘socialism’ and ‘socialist’ policies would be damaging to Americans because the ‘opportunity costs’ of socialism compared to capitalism are so much higher. What is strange and rather amusing is that the White House advisers to Trump deem it necessary to explain to Americans the failures of ‘socialism’ in 2018. But when you delve into the...
Read More »Lars P. Syll — Money in perspective
Keeper Keynes quote.The reference is "Economic Possibilities for our Grandchildren," Section II, in John Maynard Keynes, Essays in Persuasion, New York: W. W. Norton & Co., 1963, pp. 358-373.Lars P. Syll’s BlogMoney in perspective Lars P. Syll | Professor, Malmo UniversitySee alsoIdeological through and through, because economics is joined at the hip with political economy, and, in fact, used to be called political economy. Political economic is, of course, joined at the hip with...
Read More »Jim O’Reilly — Some thoughts on liberal democracy as a deceptive term
Reflections with which I agree.Comments on Global Political EconomySome thoughts on liberal democracy as a deceptive term Jim O'ReillySee alsoIn my view, Dugin gets this right, too, as opposed to bourgeois liberalism's, "My way, or the highway." The third totalitarianism is transnational corporate totalitarianism under the control of international capital, which happens to be mostly in Western "liberal" hands.Geopolitika The 'Third Totalitarianism' From The West Alexander Dugin
Read More »Brad DeLong — Ricardo’s Big Idea, and Its Vicissitudes
Brad DeLong shows how Ricardo's version of economic liberalism based on free trade explained by comparative advantage is bourgeois liberalism that enriches the ownership class. Washington Center for Equitable Growth Ricardo’s Big Idea, and Its Vicissitudes Brad DeLong | Professor of Economics at the University of California, Berkeley
Read More »