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United States41989 Posts
On August 12 2018 06:35 Nebuchad wrote: For the few economic liberals in the thread like Kwark and Intro, what do you think of my impression that economic liberalism might be on the verge of failing worldwide?
I see threats on the left with socialist resurgences and with strong welfare states in Scandinavia and the like, I see threats on the right with "economic nationalism" under Trump and far right parties in Europe, Hungary, Italy, Poland... Both sides appear to be growing in numbers and the liberal side seems like it has to compromise with one or the other to survive (most often the far right as that's more compatible with neoliberalism).
On a more macro level I think the evolution of liberalism from Keynes to Chicago also speaks to that failure to maintain the premise of the system, but my ideology probably colors that at least a little bit. Economic liberalism is, more or less, doing what people wanted it to do, creating wealth and delivering the goods the market demands to the people with the means to demand them. There is more global wealth than ever before, and more interdependence between different groups creating that wealth. The goods you use, the clothes you wear, the food you eat etc has come further than ever and impacted more people than ever.
The problem is not that economic liberalism isn't working, it's that a lot of people don't like how it works but don't know what they want to do to fix it. Exploitation is pretty much built into the system, as is wealth disproportionately moving upwards. And it creates winners and losers, which is unpopular when a large number of people who believed in the system suddenly discover that they are losers.
Far from failing I think it's more successful than ever. The problem is that the success of economic liberalism is not aligned with the interests of a great many voters.
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On August 12 2018 13:19 IgnE wrote:Show nested quote +On August 12 2018 10:09 Introvert wrote:On August 12 2018 09:29 IgnE wrote:On August 12 2018 06:35 Introvert wrote:On August 12 2018 06:14 IgnE wrote:On August 12 2018 05:25 Introvert wrote:There was a well timed essay the other day at National Review that talks about this confusion over words. There aren't really a whole lot of socialists, just as there aren't that many real libertarians, but we still use these words, and both sides rush to them when needed. I'm only posting the first half, you should have to click the link. ‘Socialist’ Is the New ‘Libertarian’ The American Left doesn’t seem to follow very closely the Nordic states it claims to admire.
A large part of our political discourse consists of arguing about the meanings of words: Republicans should support the Affordable Care Act, Vox-style lefties argued, because Obamacare is a “conservative” program. (The three most important words in political economy are: “Compared to what?”) “Racist” and “sexist” mean whatever the Left needs them to mean at any given moment, as do “extremist,” “radical,” “risky,”and “reckless.” (The Trump administration has some ideas about fuel-economy standards; what are the odds the New York Times editorial section, that inexhaustible font of clichés, will denounce them as a “reckless scheme”? Approximately 100 percent.) Republican thought leaders, in between the ads for gold coins and doggie vitamins, denounce as “socialist” everything from Hillary Rodham Clinton to the USDA to preschool programs.
But cut them some slack: The Democrats don’t do much better on “socialist,” the magic word of the moment. Senator Bernie Sanders sometimes calls himself a socialist, and every now and again he hits on a genuinely socialist theme, but his particular blend of yahooistical union-hall nationalism, nostalgic corporatism, and central planning went by a different name back in the 1930s. Most of the young Democrats calling themselves “socialists” do not talk very much about socialist ideas at all, instead being smitten with Northern European welfare states such as Sweden and Denmark, which do things differently than we do here in the United States but which are not socialist in any meaningful sense of that word. Ironically, the rhetorical project of conflating the welfare state with socialism seems to have been as successful on the left as on the right.
The American Left doesn’t seem to follow very closely the Nordic states it claims to admire. Beginning in 1991, Sweden embarked on a decades-long campaign of privatization and reform that made the scholars at the Heritage Foundation envious. It sold off state-owned enterprises and interests in the liquor, pharmaceutical, and banking sectors, expanded private alternatives in health-care and retirement programs, eliminated state monopolies in pharmacies and vehicle inspections, and much more. This began under a center-right government and continued with a reduced scope under the Social Democrats, who stopped short of privatizing the Swedish postal service and state-run utilities. Denmark is a country with a long history of free trade, strong property rights, and liberal labor markets. Most of the Nordic states have no legislated minimum wage; as in the case of Switzerland, they generally rely on industry-by-industry labor agreements that vary greatly by sector. They are different in many important ways from the American model, but they are not socialist.
Michael Tomasky, the editor of Democracy, is among those taking this Democratic talk of “socialism” more or less at face value. He writes:
I’ve been fretting lately about the state of mind of America’s capitalists. All these socialists coming out of the woodwork must have them in quite a lather. So I write today with some friendly advice for the capitalist class about said socialists.
You want fewer socialists? Easy. Stop creating them.
Every once in a while in history, cause and effect smack us in the face. The conditions under which the czars forced Russians to live gave rise to Bolshevism. The terms imposed at Versailles fueled Hitler’s ascent. The failures of Keynesianism in the 1970s smoothed the path for supply-side economics.
Mr. Tomasky writes with remarkable self-assurance. (Surely there was a bit more to the rise of the German National Socialist Workers party than the Treaty of Versailles.) But he hits on the fundamental thing: All this talk about socialism isn’t about socialism. It’s about the status quo, and an old-fashioned rhetorical stratagem long employed by the Left is to equate every ill in every Western society with “capitalism.” (But set that aside for the moment.) Mr. Tomasky writes:
If you were a person of modest or even middle-class means, how would you feel about capitalism? The kind of capitalism this country has been practicing for all these years has failed most people.
Yes, it’s given us lots of shiny objects to gush about. A smartphone that can display slow-motion video is a wonder. But an affordable college education, though perhaps not a wonder, is a necessity for a well-ordered society.
There are a few obvious shortcomings to his line of argument here, and not just that history has seen many well-ordered societies that had little or nothing in the way of university education. Mr. Tomasky isn’t making quite the point he thinks he is: Those nifty smartphones are the product of the part of 21st-century human endeavor characterized by free enterprise, free markets, private investment, etc., that we call capitalism. Education, for the most part, isn’t. In the United States, the state university system is a social enterprise, one generally based on state ownership of economic assets such as land or, in the case of my alma mater down in Austin, mineral rights. It’s as close to a socialist program as we have, and all the would-be socialists are complaining about it.
Something’s not quite right there.
The real world is always more complicated than political rhetoric of Mr. Tomasky’s kind, which relies on absurd oversimplification to concentrate its emotional energy. Conservatives often scoff that socialism simply “doesn’t work,” but the state-dominated enterprise that is the American system of higher education is the envy of the world. Its main financial problem is the fact that its innovative and enterprising managers can always figure out a way to soak up whatever great roaring streams of money that government shunts in their general direction.
(Question: What do you imagine would happen to the price of a Honda Civic if the federal government gave every young person in the country ten grand and a subsidized loan that could only be used for the purchase of a Honda Civic? My guess is that the price of a Honda Civic would go up enough to accommodate all the money that was on the table.)
The K–12 education system is an almost exclusively government-run enterprise, too, and it, on the other hand, is a mess. What’s the difference between the low-performing K–12 system and the world-beating higher-education system? There are of course many factors at work: College professors enjoy higher social status and (often, not always) more generous compensation than do eighth-grade art teachers, and the standards for becoming one are (often, not always) higher. But certainly consumer choice is among the most important factors. Students have a choice about where they go to college, and they take their money (public and private) with them wherever they go. Outside of a few cranks such as me, nobody talks very much about fully privatizing K–12 education in the United States. Instead, what most conservative reformers emphasize is introducing consumer choice into that social enterprise, making K–12 more like college in terms of its economic incentives. There isn’t really a socialism-vs.-capitalism aspect to that. The real underlying issue is what the Nordic reformers sometimes call “marketization,” bringing choice, competition, and accountability to state-dominated enterprises that once had been monopolistic, with all the dysfunction and woe that goes along with that.
Capitalism vs. socialism? In American politics, that’s a case of words about words, and very little more.
But we love to fixate on exciting words. For a moment during the presidency of George W. Bush, virtually every figure on the right was denounced as a “neocon,” a term poorly understood by the majority of the people who use it. “Republican” and “conservative” weren’t good enough. Even the Buchananites whose distinguishing feature is their intense hatred of neoconservatives found themselves denounced as “neocons” from time to time. As George Orwell noted in the case of “fascist,” the word came to mean nothing more than: “I hate you.”
(Or, often enough in the case of “neocon,” nothing more than: “I hate you, Jew.”)
Do you know what the word “libertarian” means? Our friends over at Reason magazine define libertarianism as the creed of “free minds and free markets,” and there are a few of us old-fashioned ideologues who more or less hold to that. But what the word “libertarian” really means in the majority of cases is: a person who is culturally on the right but understandably embarrassed to call himself a Republican. Hence a great many self-described libertarians rallied in 2016 to the cause of Donald Trump, who is — love him or detest him — something close to the opposite of a libertarian, a man whose instinct is toward government intervention in practically everything, an admirer of Joe Arpaio at home and Vladimir Putin abroad.
The two major U.S. political parties mirror one another to an almost comical extent. Both of them are institutionally dominated by relatively moderate and somewhat dusty specimens of the American ruling class, and both of them are emotionally dominated by a relatively small activist base that hates its own party establishment almost (that’s the key: almost) as much as it hates the guys on the other side. The tea-party movement was never about giving the bird to the Democrats: Hating the Democrats was a given. The tea-party movement was about giving the bird to the leadership of the Republican party. Ask the more perfervid Trump admirers who the real Enemy of the People is and they’ll say it’s Paul Ryan and Mitch McConnell.
The same dynamic plays out on the left: I spent some time covering Bernie Sanders’s campaign, and there were a few true believers convinced that the grumpy Muppet from Vermont was just what the republic needed. But many of them simply could not stomach the prospect of pulling the lever for someone named “Clinton” again and lining up behind some triangulating, difference-splitting, corporation-friendly, deal-making, bipartisan-leaning, Davos-frequenting gazillionaire. The angriest partisans on both sides don’t want to work on structural reforms to K–12 education: They are engaged in a tribal contest the aim of which is to humiliate the other side. Lincoln was the Liberator, Reagan the Great Communicator, and Trump the Great Humiliator. Jon Stewart became the most beloved man on the American Left because he has a talent for humiliation, not because he’s a great wit or because he has original and insightful ideas about public policy.
Beyond Words about Words
.... written by the author of the helpful primer: the politically incorrect guide to socialism williamson says, "this isnt about politics, its about aversion to risk." ah ok then, so whats politics about? I'm not sure I see where he said that, and I don't think anything he wrote implied it. In fact, he says Beneath the tribalism, the underlying energies on both sides of the political divide are status anxiety and risk aversion. and There are ways for conservatives to address those risks that are consistent with our political philosophy and our values. But we often fail to make the case, because we often fail to account for the intensity (and the distribution) of the risk aversion among those who see the world differently than we do.
These both imply, at least to me, that he sees risk calculation as a part of our politics. The first paragraph of that section Which brings us back to socialism, and to Mr. Tomasky. Those who are genuinely interested in the underlying dynamics of American politics — either for the pragmatic purpose of winning elections or for the quaint purpose of trying to make this a better place to live — must begin by understanding that what is convulsing these United States is not an ideological conflict. It is not a philosophical conflict, and it is not a contest of visions and transcendent values. Not one American citizen in 20 has anything like the intellectual preparation and inclination to engage in such a contest. This is a case of rational ignorance, inevitable as death. appears to separate risk and a "philosophical" conflict, but there is no exclusionary principle or argument laid out here. Ok, but for the sake of argument let me present a combative but not unreasonable interpretation of the author's (sub)text here, and you tell me why this caricature is must so very wrong: Socialism is the new libertarianism because people are stupid and don't know what either term means. Socialism won't work because it can't work (see my book on this topic, where I show how stupid socialism is). When people say they want socialism, they aren't being philosophical, or political, or even engaging with value-oriented ideas; they are instead just worried about losing what they have. They were on the right track with libertarianism but got derailed with Ron Paul's failures. They think they want socialism, but all they really want is a nice safety net like our capitalist Scandinavian friends. In fact what they really want is not less capitalism, but more. Capitalism cut world poverty in half in the last two decades and gave us iphones. Critics of capitalism don't even understand that capitalism is the only reason we have iphones in the first place! I admit I'm a little confused as to how we got from your first post to here. He quite obviously knocks on socialism repeatedly. he doesn't reference his book and that's not even "the thing" he is known for, so that might be unfair :p He seems to treat risk aversion as a legitimate political concern. But while it may be part of politics, this discussion we are having isn't actually about socialism (or even capitalism) as an idea. He assumes the success of capitalism but he doesn't dismiss the concerns of others as unreasonable. I think "when people say they want socialism, they aren't being philosophical, or political, or even engaging with value-oriented ideas; they are instead just worried about losing what they have" is the point. The rest of that is fine, though I will agree with you that it is "combative." Although this is actually a rather tame essay by some measures for Williamson. I agree with the assessment that the nation at this moment isn't having some sort of philosophical debate. That seems fairly obvious to me. Edit: I certainly think what is happening is political, and I think he does too. what I meant with the first post was that he seems pretty contemptuous of the electorate, and perhaps is arguing that they aren't "political" in the sense of deliberate engagement with ideas, but are basically just reacting to media and marketing pressure playing off of primal fears, latching onto words that have 'lost' their meaning
I mean... is that really controversial? The electorate in general are ignorant, and there's tons of studies that prove it, from ones showing people don't even know the name of their own representative to studies where people have been read policies they approve of and discover that they're actually supporting policies of the other side of the aisle... who then vote for the side of the aisle they just demonstrated they don't actually agree with.
As for them reacting more to media than ideas... again, is that really controversial? Look at how twisted Hilary's basket of deplorables comment became. How many people on the right through 'hmm, she probably doesn't mean all of us, let's look at the context of this and listen to the full speech wherein she said it'? How many on the left really looked into the context of some of Trump's statements? Admittedly in his case they often become even worse than the soundbytes, but the problem is the same one.
For an example closer to home, Brexit was a disgusting campaign of media manipulation to hoodwink an ignorant electorate who mostly know very little about the EU's economic relationship with the UK. Just recently there's a flap come about because Cornwall - who voted overwhelmingly to leave the EU - has just discovered it's not getting all of those EU subsidies anymore because the UK government can't afford them. The most important vote of our generation, most likely, and millions of British citizens didn't even both to do a bit of basic research to discover how leaving the EU would affect them and their area directly. The Welsh did the same thing! And this is despite David Cameron making efforts to provide easily accessible resources that everyone could access for them to do their own research.
Churchill had it right when he said that the biggest argument against democracy is a ten minute conversation with the average voter.
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On August 12 2018 13:19 IgnE wrote:Show nested quote +On August 12 2018 10:09 Introvert wrote:On August 12 2018 09:29 IgnE wrote:On August 12 2018 06:35 Introvert wrote:On August 12 2018 06:14 IgnE wrote:On August 12 2018 05:25 Introvert wrote:There was a well timed essay the other day at National Review that talks about this confusion over words. There aren't really a whole lot of socialists, just as there aren't that many real libertarians, but we still use these words, and both sides rush to them when needed. I'm only posting the first half, you should have to click the link. ‘Socialist’ Is the New ‘Libertarian’ The American Left doesn’t seem to follow very closely the Nordic states it claims to admire.
A large part of our political discourse consists of arguing about the meanings of words: Republicans should support the Affordable Care Act, Vox-style lefties argued, because Obamacare is a “conservative” program. (The three most important words in political economy are: “Compared to what?”) “Racist” and “sexist” mean whatever the Left needs them to mean at any given moment, as do “extremist,” “radical,” “risky,”and “reckless.” (The Trump administration has some ideas about fuel-economy standards; what are the odds the New York Times editorial section, that inexhaustible font of clichés, will denounce them as a “reckless scheme”? Approximately 100 percent.) Republican thought leaders, in between the ads for gold coins and doggie vitamins, denounce as “socialist” everything from Hillary Rodham Clinton to the USDA to preschool programs.
But cut them some slack: The Democrats don’t do much better on “socialist,” the magic word of the moment. Senator Bernie Sanders sometimes calls himself a socialist, and every now and again he hits on a genuinely socialist theme, but his particular blend of yahooistical union-hall nationalism, nostalgic corporatism, and central planning went by a different name back in the 1930s. Most of the young Democrats calling themselves “socialists” do not talk very much about socialist ideas at all, instead being smitten with Northern European welfare states such as Sweden and Denmark, which do things differently than we do here in the United States but which are not socialist in any meaningful sense of that word. Ironically, the rhetorical project of conflating the welfare state with socialism seems to have been as successful on the left as on the right.
The American Left doesn’t seem to follow very closely the Nordic states it claims to admire. Beginning in 1991, Sweden embarked on a decades-long campaign of privatization and reform that made the scholars at the Heritage Foundation envious. It sold off state-owned enterprises and interests in the liquor, pharmaceutical, and banking sectors, expanded private alternatives in health-care and retirement programs, eliminated state monopolies in pharmacies and vehicle inspections, and much more. This began under a center-right government and continued with a reduced scope under the Social Democrats, who stopped short of privatizing the Swedish postal service and state-run utilities. Denmark is a country with a long history of free trade, strong property rights, and liberal labor markets. Most of the Nordic states have no legislated minimum wage; as in the case of Switzerland, they generally rely on industry-by-industry labor agreements that vary greatly by sector. They are different in many important ways from the American model, but they are not socialist.
Michael Tomasky, the editor of Democracy, is among those taking this Democratic talk of “socialism” more or less at face value. He writes:
I’ve been fretting lately about the state of mind of America’s capitalists. All these socialists coming out of the woodwork must have them in quite a lather. So I write today with some friendly advice for the capitalist class about said socialists.
You want fewer socialists? Easy. Stop creating them.
Every once in a while in history, cause and effect smack us in the face. The conditions under which the czars forced Russians to live gave rise to Bolshevism. The terms imposed at Versailles fueled Hitler’s ascent. The failures of Keynesianism in the 1970s smoothed the path for supply-side economics.
Mr. Tomasky writes with remarkable self-assurance. (Surely there was a bit more to the rise of the German National Socialist Workers party than the Treaty of Versailles.) But he hits on the fundamental thing: All this talk about socialism isn’t about socialism. It’s about the status quo, and an old-fashioned rhetorical stratagem long employed by the Left is to equate every ill in every Western society with “capitalism.” (But set that aside for the moment.) Mr. Tomasky writes:
If you were a person of modest or even middle-class means, how would you feel about capitalism? The kind of capitalism this country has been practicing for all these years has failed most people.
Yes, it’s given us lots of shiny objects to gush about. A smartphone that can display slow-motion video is a wonder. But an affordable college education, though perhaps not a wonder, is a necessity for a well-ordered society.
There are a few obvious shortcomings to his line of argument here, and not just that history has seen many well-ordered societies that had little or nothing in the way of university education. Mr. Tomasky isn’t making quite the point he thinks he is: Those nifty smartphones are the product of the part of 21st-century human endeavor characterized by free enterprise, free markets, private investment, etc., that we call capitalism. Education, for the most part, isn’t. In the United States, the state university system is a social enterprise, one generally based on state ownership of economic assets such as land or, in the case of my alma mater down in Austin, mineral rights. It’s as close to a socialist program as we have, and all the would-be socialists are complaining about it.
Something’s not quite right there.
The real world is always more complicated than political rhetoric of Mr. Tomasky’s kind, which relies on absurd oversimplification to concentrate its emotional energy. Conservatives often scoff that socialism simply “doesn’t work,” but the state-dominated enterprise that is the American system of higher education is the envy of the world. Its main financial problem is the fact that its innovative and enterprising managers can always figure out a way to soak up whatever great roaring streams of money that government shunts in their general direction.
(Question: What do you imagine would happen to the price of a Honda Civic if the federal government gave every young person in the country ten grand and a subsidized loan that could only be used for the purchase of a Honda Civic? My guess is that the price of a Honda Civic would go up enough to accommodate all the money that was on the table.)
The K–12 education system is an almost exclusively government-run enterprise, too, and it, on the other hand, is a mess. What’s the difference between the low-performing K–12 system and the world-beating higher-education system? There are of course many factors at work: College professors enjoy higher social status and (often, not always) more generous compensation than do eighth-grade art teachers, and the standards for becoming one are (often, not always) higher. But certainly consumer choice is among the most important factors. Students have a choice about where they go to college, and they take their money (public and private) with them wherever they go. Outside of a few cranks such as me, nobody talks very much about fully privatizing K–12 education in the United States. Instead, what most conservative reformers emphasize is introducing consumer choice into that social enterprise, making K–12 more like college in terms of its economic incentives. There isn’t really a socialism-vs.-capitalism aspect to that. The real underlying issue is what the Nordic reformers sometimes call “marketization,” bringing choice, competition, and accountability to state-dominated enterprises that once had been monopolistic, with all the dysfunction and woe that goes along with that.
Capitalism vs. socialism? In American politics, that’s a case of words about words, and very little more.
But we love to fixate on exciting words. For a moment during the presidency of George W. Bush, virtually every figure on the right was denounced as a “neocon,” a term poorly understood by the majority of the people who use it. “Republican” and “conservative” weren’t good enough. Even the Buchananites whose distinguishing feature is their intense hatred of neoconservatives found themselves denounced as “neocons” from time to time. As George Orwell noted in the case of “fascist,” the word came to mean nothing more than: “I hate you.”
(Or, often enough in the case of “neocon,” nothing more than: “I hate you, Jew.”)
Do you know what the word “libertarian” means? Our friends over at Reason magazine define libertarianism as the creed of “free minds and free markets,” and there are a few of us old-fashioned ideologues who more or less hold to that. But what the word “libertarian” really means in the majority of cases is: a person who is culturally on the right but understandably embarrassed to call himself a Republican. Hence a great many self-described libertarians rallied in 2016 to the cause of Donald Trump, who is — love him or detest him — something close to the opposite of a libertarian, a man whose instinct is toward government intervention in practically everything, an admirer of Joe Arpaio at home and Vladimir Putin abroad.
The two major U.S. political parties mirror one another to an almost comical extent. Both of them are institutionally dominated by relatively moderate and somewhat dusty specimens of the American ruling class, and both of them are emotionally dominated by a relatively small activist base that hates its own party establishment almost (that’s the key: almost) as much as it hates the guys on the other side. The tea-party movement was never about giving the bird to the Democrats: Hating the Democrats was a given. The tea-party movement was about giving the bird to the leadership of the Republican party. Ask the more perfervid Trump admirers who the real Enemy of the People is and they’ll say it’s Paul Ryan and Mitch McConnell.
The same dynamic plays out on the left: I spent some time covering Bernie Sanders’s campaign, and there were a few true believers convinced that the grumpy Muppet from Vermont was just what the republic needed. But many of them simply could not stomach the prospect of pulling the lever for someone named “Clinton” again and lining up behind some triangulating, difference-splitting, corporation-friendly, deal-making, bipartisan-leaning, Davos-frequenting gazillionaire. The angriest partisans on both sides don’t want to work on structural reforms to K–12 education: They are engaged in a tribal contest the aim of which is to humiliate the other side. Lincoln was the Liberator, Reagan the Great Communicator, and Trump the Great Humiliator. Jon Stewart became the most beloved man on the American Left because he has a talent for humiliation, not because he’s a great wit or because he has original and insightful ideas about public policy.
Beyond Words about Words
.... written by the author of the helpful primer: the politically incorrect guide to socialism williamson says, "this isnt about politics, its about aversion to risk." ah ok then, so whats politics about? I'm not sure I see where he said that, and I don't think anything he wrote implied it. In fact, he says Beneath the tribalism, the underlying energies on both sides of the political divide are status anxiety and risk aversion. and There are ways for conservatives to address those risks that are consistent with our political philosophy and our values. But we often fail to make the case, because we often fail to account for the intensity (and the distribution) of the risk aversion among those who see the world differently than we do.
These both imply, at least to me, that he sees risk calculation as a part of our politics. The first paragraph of that section Which brings us back to socialism, and to Mr. Tomasky. Those who are genuinely interested in the underlying dynamics of American politics — either for the pragmatic purpose of winning elections or for the quaint purpose of trying to make this a better place to live — must begin by understanding that what is convulsing these United States is not an ideological conflict. It is not a philosophical conflict, and it is not a contest of visions and transcendent values. Not one American citizen in 20 has anything like the intellectual preparation and inclination to engage in such a contest. This is a case of rational ignorance, inevitable as death. appears to separate risk and a "philosophical" conflict, but there is no exclusionary principle or argument laid out here. Ok, but for the sake of argument let me present a combative but not unreasonable interpretation of the author's (sub)text here, and you tell me why this caricature is must so very wrong: Socialism is the new libertarianism because people are stupid and don't know what either term means. Socialism won't work because it can't work (see my book on this topic, where I show how stupid socialism is). When people say they want socialism, they aren't being philosophical, or political, or even engaging with value-oriented ideas; they are instead just worried about losing what they have. They were on the right track with libertarianism but got derailed with Ron Paul's failures. They think they want socialism, but all they really want is a nice safety net like our capitalist Scandinavian friends. In fact what they really want is not less capitalism, but more. Capitalism cut world poverty in half in the last two decades and gave us iphones. Critics of capitalism don't even understand that capitalism is the only reason we have iphones in the first place! I admit I'm a little confused as to how we got from your first post to here. He quite obviously knocks on socialism repeatedly. he doesn't reference his book and that's not even "the thing" he is known for, so that might be unfair :p He seems to treat risk aversion as a legitimate political concern. But while it may be part of politics, this discussion we are having isn't actually about socialism (or even capitalism) as an idea. He assumes the success of capitalism but he doesn't dismiss the concerns of others as unreasonable. I think "when people say they want socialism, they aren't being philosophical, or political, or even engaging with value-oriented ideas; they are instead just worried about losing what they have" is the point. The rest of that is fine, though I will agree with you that it is "combative." Although this is actually a rather tame essay by some measures for Williamson. I agree with the assessment that the nation at this moment isn't having some sort of philosophical debate. That seems fairly obvious to me. Edit: I certainly think what is happening is political, and I think he does too. what I meant with the first post was that he seems pretty contemptuous of the electorate, and perhaps is arguing that they aren't "political" in the sense of deliberate engagement with ideas, but are basically just reacting to media and marketing pressure playing off of primal fears, latching onto words that have 'lost' their meaning
I didn't take anything from it about "marketing pressure" and "primal fears" because I don't think "risk aversion" is terribly related to primal fears, unless they are are indeed rational fears. And perhaps the reason he would say people respond to it is ease:
Socialism provides, for those not inclined to think too deeply about the question, a one-word answer for all those dilemmas. It’s the Left’s version of the libertarians’ “The free market will take care of it, or private charity will.” Neither of those prescriptions withstands very much scrutiny.
Perhaps I am thinking Williamson is being nicer than normal, since he's written things like this
Edit: I think I agree with a lot of what you are saying, unless you think we are having a philosophical debate in the country right. Perhaps I'm not reading you right (by now it's 3:30 am), but you seem to think that he is in some way calling it fake or shallow, people reacting more or less mindlessly to stimuli. I don't think he's being as harsh as that.
There isn't a grand debate, it's people with real issues turning to bad ideas, often without knowing what they mean.
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On August 12 2018 14:18 KwarK wrote:Show nested quote +On August 12 2018 06:35 Nebuchad wrote: For the few economic liberals in the thread like Kwark and Intro, what do you think of my impression that economic liberalism might be on the verge of failing worldwide?
I see threats on the left with socialist resurgences and with strong welfare states in Scandinavia and the like, I see threats on the right with "economic nationalism" under Trump and far right parties in Europe, Hungary, Italy, Poland... Both sides appear to be growing in numbers and the liberal side seems like it has to compromise with one or the other to survive (most often the far right as that's more compatible with neoliberalism).
On a more macro level I think the evolution of liberalism from Keynes to Chicago also speaks to that failure to maintain the premise of the system, but my ideology probably colors that at least a little bit. Economic liberalism is, more or less, doing what people wanted it to do, creating wealth and delivering the goods the market demands to the people with the means to demand them. There is more global wealth than ever before, and more interdependence between different groups creating that wealth. The goods you use, the clothes you wear, the food you eat etc has come further than ever and impacted more people than ever. The problem is not that economic liberalism isn't working, it's that a lot of people don't like how it works but don't know what they want to do to fix it. Exploitation is pretty much built into the system, as is wealth disproportionately moving upwards. And it creates winners and losers, which is unpopular when a large number of people who believed in the system suddenly discover that they are losers. Far from failing I think it's more successful than ever. The problem is that the success of economic liberalism is not aligned with the interests of a great many voters. Would you rather that the governments of the world follow the voters or the markets, if they were allowed to choose and not partially beholden to registered voters?
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United States41989 Posts
On August 12 2018 22:44 Howie_Dewitt wrote:Show nested quote +On August 12 2018 14:18 KwarK wrote:On August 12 2018 06:35 Nebuchad wrote: For the few economic liberals in the thread like Kwark and Intro, what do you think of my impression that economic liberalism might be on the verge of failing worldwide?
I see threats on the left with socialist resurgences and with strong welfare states in Scandinavia and the like, I see threats on the right with "economic nationalism" under Trump and far right parties in Europe, Hungary, Italy, Poland... Both sides appear to be growing in numbers and the liberal side seems like it has to compromise with one or the other to survive (most often the far right as that's more compatible with neoliberalism).
On a more macro level I think the evolution of liberalism from Keynes to Chicago also speaks to that failure to maintain the premise of the system, but my ideology probably colors that at least a little bit. Economic liberalism is, more or less, doing what people wanted it to do, creating wealth and delivering the goods the market demands to the people with the means to demand them. There is more global wealth than ever before, and more interdependence between different groups creating that wealth. The goods you use, the clothes you wear, the food you eat etc has come further than ever and impacted more people than ever. The problem is not that economic liberalism isn't working, it's that a lot of people don't like how it works but don't know what they want to do to fix it. Exploitation is pretty much built into the system, as is wealth disproportionately moving upwards. And it creates winners and losers, which is unpopular when a large number of people who believed in the system suddenly discover that they are losers. Far from failing I think it's more successful than ever. The problem is that the success of economic liberalism is not aligned with the interests of a great many voters. Would you rather that the governments of the world follow the voters or the markets, if they were allowed to choose and not partially beholden to registered voters? The voters. My point is that the markets are delivering on their promise, it’s just that people don’t like what they get.
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On August 12 2018 23:54 KwarK wrote:Show nested quote +On August 12 2018 22:44 Howie_Dewitt wrote:On August 12 2018 14:18 KwarK wrote:On August 12 2018 06:35 Nebuchad wrote: For the few economic liberals in the thread like Kwark and Intro, what do you think of my impression that economic liberalism might be on the verge of failing worldwide?
I see threats on the left with socialist resurgences and with strong welfare states in Scandinavia and the like, I see threats on the right with "economic nationalism" under Trump and far right parties in Europe, Hungary, Italy, Poland... Both sides appear to be growing in numbers and the liberal side seems like it has to compromise with one or the other to survive (most often the far right as that's more compatible with neoliberalism).
On a more macro level I think the evolution of liberalism from Keynes to Chicago also speaks to that failure to maintain the premise of the system, but my ideology probably colors that at least a little bit. Economic liberalism is, more or less, doing what people wanted it to do, creating wealth and delivering the goods the market demands to the people with the means to demand them. There is more global wealth than ever before, and more interdependence between different groups creating that wealth. The goods you use, the clothes you wear, the food you eat etc has come further than ever and impacted more people than ever. The problem is not that economic liberalism isn't working, it's that a lot of people don't like how it works but don't know what they want to do to fix it. Exploitation is pretty much built into the system, as is wealth disproportionately moving upwards. And it creates winners and losers, which is unpopular when a large number of people who believed in the system suddenly discover that they are losers. Far from failing I think it's more successful than ever. The problem is that the success of economic liberalism is not aligned with the interests of a great many voters. Would you rather that the governments of the world follow the voters or the markets, if they were allowed to choose and not partially beholden to registered voters? The voters. My point is that the markets are delivering on their promise, it’s just that people don’t like what they get.
This issue becomes complicated when politicians try to trick the losers into thinking they are not only remarkable but also successful. This is how we ended up with our really weird culture around mining/farming. We took people who are among the least unique of contributors, making them the ones who should always "lose" in economic liberalism, told them they are exceptional, yet allow them to lose. So they end up thinking the system isn't working right.
In reality, their skill set (though very tough work) simply does not allow them to be the ones guiding economic growth. They are left behind while being made to think they were the star players.
I think that's a big reason we're in a weird spot. People are being tricked into agreeing to be losers, then complaining, saying the system is busted, because they are losers.
And I use the term "loser" to mean someone who suffers, not someone shitty.
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On August 13 2018 00:26 Mohdoo wrote:Show nested quote +On August 12 2018 23:54 KwarK wrote:On August 12 2018 22:44 Howie_Dewitt wrote:On August 12 2018 14:18 KwarK wrote:On August 12 2018 06:35 Nebuchad wrote: For the few economic liberals in the thread like Kwark and Intro, what do you think of my impression that economic liberalism might be on the verge of failing worldwide?
I see threats on the left with socialist resurgences and with strong welfare states in Scandinavia and the like, I see threats on the right with "economic nationalism" under Trump and far right parties in Europe, Hungary, Italy, Poland... Both sides appear to be growing in numbers and the liberal side seems like it has to compromise with one or the other to survive (most often the far right as that's more compatible with neoliberalism).
On a more macro level I think the evolution of liberalism from Keynes to Chicago also speaks to that failure to maintain the premise of the system, but my ideology probably colors that at least a little bit. Economic liberalism is, more or less, doing what people wanted it to do, creating wealth and delivering the goods the market demands to the people with the means to demand them. There is more global wealth than ever before, and more interdependence between different groups creating that wealth. The goods you use, the clothes you wear, the food you eat etc has come further than ever and impacted more people than ever. The problem is not that economic liberalism isn't working, it's that a lot of people don't like how it works but don't know what they want to do to fix it. Exploitation is pretty much built into the system, as is wealth disproportionately moving upwards. And it creates winners and losers, which is unpopular when a large number of people who believed in the system suddenly discover that they are losers. Far from failing I think it's more successful than ever. The problem is that the success of economic liberalism is not aligned with the interests of a great many voters. Would you rather that the governments of the world follow the voters or the markets, if they were allowed to choose and not partially beholden to registered voters? The voters. My point is that the markets are delivering on their promise, it’s just that people don’t like what they get. This issue becomes complicated when politicians try to trick the losers into thinking they are not only remarkable but also successful. This is how we ended up with our really weird culture around mining/farming. We took people who are among the least unique of contributors, making them the ones who should always "lose" in economic liberalism, told them they are exceptional, yet allow them to lose. So they end up thinking the system isn't working right. In reality, their skill set (though very tough work) simply does not allow them to be the ones guiding economic growth. They are left behind while being made to think they were the star players. I think that's a big reason we're in a weird spot. People are being tricked into agreeing to be losers, then complaining, saying the system is busted, because they are losers. And I use the term "loser" to mean someone who suffers, not someone shitty. an interesting viewpoint; it reminds me of the notion that the purpose of glorifying war is to get a bunch of young fools to fight it willingly.
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On August 13 2018 00:38 zlefin wrote:Show nested quote +On August 13 2018 00:26 Mohdoo wrote:On August 12 2018 23:54 KwarK wrote:On August 12 2018 22:44 Howie_Dewitt wrote:On August 12 2018 14:18 KwarK wrote:On August 12 2018 06:35 Nebuchad wrote: For the few economic liberals in the thread like Kwark and Intro, what do you think of my impression that economic liberalism might be on the verge of failing worldwide?
I see threats on the left with socialist resurgences and with strong welfare states in Scandinavia and the like, I see threats on the right with "economic nationalism" under Trump and far right parties in Europe, Hungary, Italy, Poland... Both sides appear to be growing in numbers and the liberal side seems like it has to compromise with one or the other to survive (most often the far right as that's more compatible with neoliberalism).
On a more macro level I think the evolution of liberalism from Keynes to Chicago also speaks to that failure to maintain the premise of the system, but my ideology probably colors that at least a little bit. Economic liberalism is, more or less, doing what people wanted it to do, creating wealth and delivering the goods the market demands to the people with the means to demand them. There is more global wealth than ever before, and more interdependence between different groups creating that wealth. The goods you use, the clothes you wear, the food you eat etc has come further than ever and impacted more people than ever. The problem is not that economic liberalism isn't working, it's that a lot of people don't like how it works but don't know what they want to do to fix it. Exploitation is pretty much built into the system, as is wealth disproportionately moving upwards. And it creates winners and losers, which is unpopular when a large number of people who believed in the system suddenly discover that they are losers. Far from failing I think it's more successful than ever. The problem is that the success of economic liberalism is not aligned with the interests of a great many voters. Would you rather that the governments of the world follow the voters or the markets, if they were allowed to choose and not partially beholden to registered voters? The voters. My point is that the markets are delivering on their promise, it’s just that people don’t like what they get. This issue becomes complicated when politicians try to trick the losers into thinking they are not only remarkable but also successful. This is how we ended up with our really weird culture around mining/farming. We took people who are among the least unique of contributors, making them the ones who should always "lose" in economic liberalism, told them they are exceptional, yet allow them to lose. So they end up thinking the system isn't working right. In reality, their skill set (though very tough work) simply does not allow them to be the ones guiding economic growth. They are left behind while being made to think they were the star players. I think that's a big reason we're in a weird spot. People are being tricked into agreeing to be losers, then complaining, saying the system is busted, because they are losers. And I use the term "loser" to mean someone who suffers, not someone shitty. an interesting viewpoint; it reminds me of the notion that the purpose of glorifying war is to get a bunch of young fools to fight it willingly.
Manufacturing glory to entice easily impressionable people to do something unfavorable is a cornerstone technique of societal control. It is necessary for fighting wars and empowering the rich. Very sad.
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On August 13 2018 00:26 Mohdoo wrote:Show nested quote +On August 12 2018 23:54 KwarK wrote:On August 12 2018 22:44 Howie_Dewitt wrote:On August 12 2018 14:18 KwarK wrote:On August 12 2018 06:35 Nebuchad wrote: For the few economic liberals in the thread like Kwark and Intro, what do you think of my impression that economic liberalism might be on the verge of failing worldwide?
I see threats on the left with socialist resurgences and with strong welfare states in Scandinavia and the like, I see threats on the right with "economic nationalism" under Trump and far right parties in Europe, Hungary, Italy, Poland... Both sides appear to be growing in numbers and the liberal side seems like it has to compromise with one or the other to survive (most often the far right as that's more compatible with neoliberalism).
On a more macro level I think the evolution of liberalism from Keynes to Chicago also speaks to that failure to maintain the premise of the system, but my ideology probably colors that at least a little bit. Economic liberalism is, more or less, doing what people wanted it to do, creating wealth and delivering the goods the market demands to the people with the means to demand them. There is more global wealth than ever before, and more interdependence between different groups creating that wealth. The goods you use, the clothes you wear, the food you eat etc has come further than ever and impacted more people than ever. The problem is not that economic liberalism isn't working, it's that a lot of people don't like how it works but don't know what they want to do to fix it. Exploitation is pretty much built into the system, as is wealth disproportionately moving upwards. And it creates winners and losers, which is unpopular when a large number of people who believed in the system suddenly discover that they are losers. Far from failing I think it's more successful than ever. The problem is that the success of economic liberalism is not aligned with the interests of a great many voters. Would you rather that the governments of the world follow the voters or the markets, if they were allowed to choose and not partially beholden to registered voters? The voters. My point is that the markets are delivering on their promise, it’s just that people don’t like what they get. This issue becomes complicated when politicians try to trick the losers into thinking they are not only remarkable but also successful.
That makes perfect sense. You're not going to get people enthusiastic by telling them that your system needs a bunch of losers and they're it, they need to believe that they aren't the losers in the system they defend. So you change that, you artificially make them winners as you describe, or you artificially make other people bigger losers than they are. That is one of the most basic strategies to extend support for a (failing?) system.
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On August 12 2018 19:22 Introvert wrote:Show nested quote +On August 12 2018 13:19 IgnE wrote:On August 12 2018 10:09 Introvert wrote:On August 12 2018 09:29 IgnE wrote:On August 12 2018 06:35 Introvert wrote:On August 12 2018 06:14 IgnE wrote:On August 12 2018 05:25 Introvert wrote:There was a well timed essay the other day at National Review that talks about this confusion over words. There aren't really a whole lot of socialists, just as there aren't that many real libertarians, but we still use these words, and both sides rush to them when needed. I'm only posting the first half, you should have to click the link. ‘Socialist’ Is the New ‘Libertarian’ The American Left doesn’t seem to follow very closely the Nordic states it claims to admire.
A large part of our political discourse consists of arguing about the meanings of words: Republicans should support the Affordable Care Act, Vox-style lefties argued, because Obamacare is a “conservative” program. (The three most important words in political economy are: “Compared to what?”) “Racist” and “sexist” mean whatever the Left needs them to mean at any given moment, as do “extremist,” “radical,” “risky,”and “reckless.” (The Trump administration has some ideas about fuel-economy standards; what are the odds the New York Times editorial section, that inexhaustible font of clichés, will denounce them as a “reckless scheme”? Approximately 100 percent.) Republican thought leaders, in between the ads for gold coins and doggie vitamins, denounce as “socialist” everything from Hillary Rodham Clinton to the USDA to preschool programs.
But cut them some slack: The Democrats don’t do much better on “socialist,” the magic word of the moment. Senator Bernie Sanders sometimes calls himself a socialist, and every now and again he hits on a genuinely socialist theme, but his particular blend of yahooistical union-hall nationalism, nostalgic corporatism, and central planning went by a different name back in the 1930s. Most of the young Democrats calling themselves “socialists” do not talk very much about socialist ideas at all, instead being smitten with Northern European welfare states such as Sweden and Denmark, which do things differently than we do here in the United States but which are not socialist in any meaningful sense of that word. Ironically, the rhetorical project of conflating the welfare state with socialism seems to have been as successful on the left as on the right.
The American Left doesn’t seem to follow very closely the Nordic states it claims to admire. Beginning in 1991, Sweden embarked on a decades-long campaign of privatization and reform that made the scholars at the Heritage Foundation envious. It sold off state-owned enterprises and interests in the liquor, pharmaceutical, and banking sectors, expanded private alternatives in health-care and retirement programs, eliminated state monopolies in pharmacies and vehicle inspections, and much more. This began under a center-right government and continued with a reduced scope under the Social Democrats, who stopped short of privatizing the Swedish postal service and state-run utilities. Denmark is a country with a long history of free trade, strong property rights, and liberal labor markets. Most of the Nordic states have no legislated minimum wage; as in the case of Switzerland, they generally rely on industry-by-industry labor agreements that vary greatly by sector. They are different in many important ways from the American model, but they are not socialist.
Michael Tomasky, the editor of Democracy, is among those taking this Democratic talk of “socialism” more or less at face value. He writes:
I’ve been fretting lately about the state of mind of America’s capitalists. All these socialists coming out of the woodwork must have them in quite a lather. So I write today with some friendly advice for the capitalist class about said socialists.
You want fewer socialists? Easy. Stop creating them.
Every once in a while in history, cause and effect smack us in the face. The conditions under which the czars forced Russians to live gave rise to Bolshevism. The terms imposed at Versailles fueled Hitler’s ascent. The failures of Keynesianism in the 1970s smoothed the path for supply-side economics.
Mr. Tomasky writes with remarkable self-assurance. (Surely there was a bit more to the rise of the German National Socialist Workers party than the Treaty of Versailles.) But he hits on the fundamental thing: All this talk about socialism isn’t about socialism. It’s about the status quo, and an old-fashioned rhetorical stratagem long employed by the Left is to equate every ill in every Western society with “capitalism.” (But set that aside for the moment.) Mr. Tomasky writes:
If you were a person of modest or even middle-class means, how would you feel about capitalism? The kind of capitalism this country has been practicing for all these years has failed most people.
Yes, it’s given us lots of shiny objects to gush about. A smartphone that can display slow-motion video is a wonder. But an affordable college education, though perhaps not a wonder, is a necessity for a well-ordered society.
There are a few obvious shortcomings to his line of argument here, and not just that history has seen many well-ordered societies that had little or nothing in the way of university education. Mr. Tomasky isn’t making quite the point he thinks he is: Those nifty smartphones are the product of the part of 21st-century human endeavor characterized by free enterprise, free markets, private investment, etc., that we call capitalism. Education, for the most part, isn’t. In the United States, the state university system is a social enterprise, one generally based on state ownership of economic assets such as land or, in the case of my alma mater down in Austin, mineral rights. It’s as close to a socialist program as we have, and all the would-be socialists are complaining about it.
Something’s not quite right there.
The real world is always more complicated than political rhetoric of Mr. Tomasky’s kind, which relies on absurd oversimplification to concentrate its emotional energy. Conservatives often scoff that socialism simply “doesn’t work,” but the state-dominated enterprise that is the American system of higher education is the envy of the world. Its main financial problem is the fact that its innovative and enterprising managers can always figure out a way to soak up whatever great roaring streams of money that government shunts in their general direction.
(Question: What do you imagine would happen to the price of a Honda Civic if the federal government gave every young person in the country ten grand and a subsidized loan that could only be used for the purchase of a Honda Civic? My guess is that the price of a Honda Civic would go up enough to accommodate all the money that was on the table.)
The K–12 education system is an almost exclusively government-run enterprise, too, and it, on the other hand, is a mess. What’s the difference between the low-performing K–12 system and the world-beating higher-education system? There are of course many factors at work: College professors enjoy higher social status and (often, not always) more generous compensation than do eighth-grade art teachers, and the standards for becoming one are (often, not always) higher. But certainly consumer choice is among the most important factors. Students have a choice about where they go to college, and they take their money (public and private) with them wherever they go. Outside of a few cranks such as me, nobody talks very much about fully privatizing K–12 education in the United States. Instead, what most conservative reformers emphasize is introducing consumer choice into that social enterprise, making K–12 more like college in terms of its economic incentives. There isn’t really a socialism-vs.-capitalism aspect to that. The real underlying issue is what the Nordic reformers sometimes call “marketization,” bringing choice, competition, and accountability to state-dominated enterprises that once had been monopolistic, with all the dysfunction and woe that goes along with that.
Capitalism vs. socialism? In American politics, that’s a case of words about words, and very little more.
But we love to fixate on exciting words. For a moment during the presidency of George W. Bush, virtually every figure on the right was denounced as a “neocon,” a term poorly understood by the majority of the people who use it. “Republican” and “conservative” weren’t good enough. Even the Buchananites whose distinguishing feature is their intense hatred of neoconservatives found themselves denounced as “neocons” from time to time. As George Orwell noted in the case of “fascist,” the word came to mean nothing more than: “I hate you.”
(Or, often enough in the case of “neocon,” nothing more than: “I hate you, Jew.”)
Do you know what the word “libertarian” means? Our friends over at Reason magazine define libertarianism as the creed of “free minds and free markets,” and there are a few of us old-fashioned ideologues who more or less hold to that. But what the word “libertarian” really means in the majority of cases is: a person who is culturally on the right but understandably embarrassed to call himself a Republican. Hence a great many self-described libertarians rallied in 2016 to the cause of Donald Trump, who is — love him or detest him — something close to the opposite of a libertarian, a man whose instinct is toward government intervention in practically everything, an admirer of Joe Arpaio at home and Vladimir Putin abroad.
The two major U.S. political parties mirror one another to an almost comical extent. Both of them are institutionally dominated by relatively moderate and somewhat dusty specimens of the American ruling class, and both of them are emotionally dominated by a relatively small activist base that hates its own party establishment almost (that’s the key: almost) as much as it hates the guys on the other side. The tea-party movement was never about giving the bird to the Democrats: Hating the Democrats was a given. The tea-party movement was about giving the bird to the leadership of the Republican party. Ask the more perfervid Trump admirers who the real Enemy of the People is and they’ll say it’s Paul Ryan and Mitch McConnell.
The same dynamic plays out on the left: I spent some time covering Bernie Sanders’s campaign, and there were a few true believers convinced that the grumpy Muppet from Vermont was just what the republic needed. But many of them simply could not stomach the prospect of pulling the lever for someone named “Clinton” again and lining up behind some triangulating, difference-splitting, corporation-friendly, deal-making, bipartisan-leaning, Davos-frequenting gazillionaire. The angriest partisans on both sides don’t want to work on structural reforms to K–12 education: They are engaged in a tribal contest the aim of which is to humiliate the other side. Lincoln was the Liberator, Reagan the Great Communicator, and Trump the Great Humiliator. Jon Stewart became the most beloved man on the American Left because he has a talent for humiliation, not because he’s a great wit or because he has original and insightful ideas about public policy.
Beyond Words about Words
.... written by the author of the helpful primer: the politically incorrect guide to socialism williamson says, "this isnt about politics, its about aversion to risk." ah ok then, so whats politics about? I'm not sure I see where he said that, and I don't think anything he wrote implied it. In fact, he says Beneath the tribalism, the underlying energies on both sides of the political divide are status anxiety and risk aversion. and There are ways for conservatives to address those risks that are consistent with our political philosophy and our values. But we often fail to make the case, because we often fail to account for the intensity (and the distribution) of the risk aversion among those who see the world differently than we do.
These both imply, at least to me, that he sees risk calculation as a part of our politics. The first paragraph of that section Which brings us back to socialism, and to Mr. Tomasky. Those who are genuinely interested in the underlying dynamics of American politics — either for the pragmatic purpose of winning elections or for the quaint purpose of trying to make this a better place to live — must begin by understanding that what is convulsing these United States is not an ideological conflict. It is not a philosophical conflict, and it is not a contest of visions and transcendent values. Not one American citizen in 20 has anything like the intellectual preparation and inclination to engage in such a contest. This is a case of rational ignorance, inevitable as death. appears to separate risk and a "philosophical" conflict, but there is no exclusionary principle or argument laid out here. Ok, but for the sake of argument let me present a combative but not unreasonable interpretation of the author's (sub)text here, and you tell me why this caricature is must so very wrong: Socialism is the new libertarianism because people are stupid and don't know what either term means. Socialism won't work because it can't work (see my book on this topic, where I show how stupid socialism is). When people say they want socialism, they aren't being philosophical, or political, or even engaging with value-oriented ideas; they are instead just worried about losing what they have. They were on the right track with libertarianism but got derailed with Ron Paul's failures. They think they want socialism, but all they really want is a nice safety net like our capitalist Scandinavian friends. In fact what they really want is not less capitalism, but more. Capitalism cut world poverty in half in the last two decades and gave us iphones. Critics of capitalism don't even understand that capitalism is the only reason we have iphones in the first place! I admit I'm a little confused as to how we got from your first post to here. He quite obviously knocks on socialism repeatedly. he doesn't reference his book and that's not even "the thing" he is known for, so that might be unfair :p He seems to treat risk aversion as a legitimate political concern. But while it may be part of politics, this discussion we are having isn't actually about socialism (or even capitalism) as an idea. He assumes the success of capitalism but he doesn't dismiss the concerns of others as unreasonable. I think "when people say they want socialism, they aren't being philosophical, or political, or even engaging with value-oriented ideas; they are instead just worried about losing what they have" is the point. The rest of that is fine, though I will agree with you that it is "combative." Although this is actually a rather tame essay by some measures for Williamson. I agree with the assessment that the nation at this moment isn't having some sort of philosophical debate. That seems fairly obvious to me. Edit: I certainly think what is happening is political, and I think he does too. what I meant with the first post was that he seems pretty contemptuous of the electorate, and perhaps is arguing that they aren't "political" in the sense of deliberate engagement with ideas, but are basically just reacting to media and marketing pressure playing off of primal fears, latching onto words that have 'lost' their meaning I didn't take anything from it about "marketing pressure" and "primal fears" because I don't think "risk aversion" is terribly related to primal fears, unless they are are indeed rational fears. And perhaps the reason he would say people respond to it is ease: Show nested quote +Socialism provides, for those not inclined to think too deeply about the question, a one-word answer for all those dilemmas. It’s the Left’s version of the libertarians’ “The free market will take care of it, or private charity will.” Neither of those prescriptions withstands very much scrutiny. Perhaps I am thinking Williamson is being nicer than normal, since he's written things like this Edit: I think I agree with a lot of what you are saying, unless you think we are having a philosophical debate in the country right. Perhaps I'm not reading you right (by now it's 3:30 am), but you seem to think that he is in some way calling it fake or shallow, people reacting more or less mindlessly to stimuli. I don't think he's being as harsh as that. There isn't a grand debate, it's people with real issues turning to bad ideas, often without knowing what they mean.
I think that fundamentally the contemporary political climate, its polarization, its antagonism toward 'the establishment', its search for a new vocabulary, is founded in a deep-seated and unarticulated knowledge that the 'liberty' in liberalism is a mask for the inherent domination of the economic liberal order. Williamson is not wholly wrong to suggest that 'socialism' has come to mean something like 'the welfare state' in contemporary liberal discourse. Indeed, leftist critique since the failure of 'actually existing socialism' in the late '80s and '90s (although it was apparent a decade or two before then) has largely assumed the superiority of markets to 20th century state socialism. We can take 'markets' here to be a shorthand for all of the institutions, laws, practices, and discourse that characterize liberal production and trade regimes, and we can also fully admit that such a regime is overwhelmingly ascendant. This disavowal of the production side of Marx's critique, and a focus on a Foucaultian critique of power, has led to a focus in leftist politics on rights and sovereign equality that totally assumes a background of liberal economism.
Socialism then becomes a signifier for a welfare state redistribution of economic resources — it is simply a positivistic prescription for distributive economic justice. 'Liberalism' on the other hand defines the horizons of a political discourse that has been totally disarticulated from production. The concept of 'freedom' is reduced to consumer choice, or free expression, or free expression as consumer choice. The left's embrace of 'socialism cum liberal markets' is the embrace of this limited notion of freedom, circumscribed by liberalism itself. Williamson's unsophisticated attacks on whatever he is calling 'socialism', and his argument that the people say they want socialism but don't really understand socialism, that what they say they want is not real socialism, is mired in moot 20th century criticisms of a 'really existing socialism' that everyone already pretty much agrees (even the Marxist academics) is not a good or viable system. You can just look at Williamson's horrible misreading of Tomasky's argument that good liberal citizens who feel free need more than "shiny objects" to gush about. Williamson somehow warps the argument, interpreting it to be a criticism of capitalism's ability to produce "shiny object." Marx himself understood that capitalism was great at producing shiny objects. Nobody disputes that. Even arguments like "liberalism is failing," insofar as they really fail to grapple with this disjunction between political norms/institutions and economics, and freedom's relation to both, often end up arguing for things like a universal basic income and distributive economic justice without really addressing what is implicit in Tomasky's writing: that liberalism, in producing great material prosperity, is unable to address capitalist domination in the form of liberal subject constitution. That is, freedom is not an abstract bundle of rights, it's a practice informed by opposition to whatever is locally and ideologically conceived as 'unfreedom'. Liberal democratic capitalism's grounding in an atomistic social ontology and its evisceration of meaning from social epistemology and practice, has posed (perhaps unconsciously) unfreedom today as the inability to produce meaning. Ephemeral self-expression lacks the ontological solidity and psychological value of, for example, Arendt's conception of a true "act." Liberal freedoms appear more and more as the unfreedom of submission to capital, and it is, I would argue, precisely the divorce of the productive realm from the domain of politics that has led to a profound disenfranchisement — not in the sense of 'the vote', but in the sense of truly sharing in power to make and remake society.
The right and the left are two, more or less, blind reactions to this feeling of disenfranchisement. On the right you have a nostalgic return to nationalism, while on the left you have ever louder demands for economic redistribution and 'rights' to free expression (including entrepreneurialism, aesthetic representation within liberal institutions, equal exploitation under capital, etc.) While my criticisms of the right should be obvious, even leftist politics is defined by an imaginative deficit. The left mostly fails to imagine the transformation of the (liberal) organization of society which produces the suffering victims it claims to champion, like rebellious teenagers imagining a world without parents. The left's failure is perhaps best seen in the increasing theoretical reliance upon the State as the arbiter of social antagonism. Demands to be insulated from 'challenge' (trigger warnings, etc.) and demands for the state/institution to hold someone accountable for perceived wrongs (abdication of personal responsibility) is a demand for a new Master, a demand to be protected from the excesses of freedom, something that is the very opposite of 'radical democracy'. They point instead to a radical disavowal of a desire to share in power, to assume responsibility, and to generate futures together.
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On August 13 2018 05:48 IgnE wrote: Liberal freedoms appear more and more as the unfreedom of submission to capital, and it is, I would argue, precisely the divorce of the productive realm from the domain of politics that has led to a profound disenfranchisement — not in the sense of 'the vote', but in the sense of truly sharing in power to make and remake society.
Accepting this as true, how would you specify what the "divorce of the productive realm from the domain of politics?" I would guess that it's related to privatization, or at least that privatization is an example of this in one form; the people losing the control that the government gives them over an industry when it is privatized is what I would see as them losing their share of power in monitoring and reshaping that specific part of society. They (members of the electorate) still have their votes, but are still disenfranchised when looked at from a perspective limited to the privatized industry.
You also have critiques of the American left and right (although the right's was left up to the reader, who you assume understands your position); I don't fully 'get' what you mean when you talk about the left. Are you saying that their idea of giving everyone a fair share at the market and protecting the losers isn't really a different "freedom" than the current order because of the submission to capital and markets that is implied in both?
I quite like this perspective, but I'm worried that I may have misinterpreted your argument due to my lack of experience (philosophy is a realm I've never really explored).
Edit: the hell am I doing, compressing your argument and giving it a +1? I should have my own opinions as well (although, now that I think about it, my opinions are bound to be both malleable and probably filled with inconsistency) when I post.
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On August 13 2018 06:15 Howie_Dewitt wrote:Show nested quote +On August 13 2018 05:48 IgnE wrote: Liberal freedoms appear more and more as the unfreedom of submission to capital, and it is, I would argue, precisely the divorce of the productive realm from the domain of politics that has led to a profound disenfranchisement — not in the sense of 'the vote', but in the sense of truly sharing in power to make and remake society.
Accepting this as true, how would you specify what the "divorce of the productive realm from the domain of politics?" I would guess that it's related to privatization, or at least that privatization is an example of this in one form; the people losing the control that the government gives them over an industry when it is privatized is what I would see as them losing their share of power in monitoring and reshaping that specific part of society. They (members of the electorate) still have their votes, but are still disenfranchised when looked at from a perspective limited to the privatized industry.
Yes, basically, I wouldn't make a simple opposition between 'private' and 'public', meaning State-owned. So it's not so simple as 'the people' losing control that the government gives them. Consider syndicalist or worker-owned enterprises, where employees have a direct ownership stake in the products of their labor.
You also have critiques of the American left and right (although the right's was left up to the reader, who you assume understands your position); I don't fully 'get' what you mean when you talk about the left. Are you saying that their idea of giving everyone a fair share at the market and protecting the losers isn't really a different "freedom" than the current order because of the submission to capital and markets that is implied in both?
I am saying that a lot of the left, as it currently manifests itself in US politics, is focusing on 'the wrong' things. Or perhaps not "focusing on the wrong things" so much as too simplistic, self-undermining. We need a vital, robust critique of social organization, including capital, not critiques that resuscitate and further sediment the divisions between civil life (aesthetic representation, focus on economic inequality within the liberal order) and political life (e.g. human rights discourse that fails to politicize the very organization of society's production and reproduction, and which is complicit in generating the imperialist dialectic of inside/outside driving capital flows — this is the background against which rights to healthcare, privacy, housing, etc. are conceived) that define liberal democracy.
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On August 13 2018 08:53 JimmiC wrote: Has any country ever tried running companies as just a major shareholder/board of directors. So it would be run privately but the government would get much of the profits?
Isn't this kinda what China does?
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China's state-owned enterprises are terribly inefficient, don't really turn a profit in most cases, and exist primarily to serve government interests (e.g. employ those who can't find a job to minimize social unrest, state-owned banks lend to sectors and businesses currently in favor with the Party and its policy goals).
Most businesses in China today (by volume, revenue, and profit) are fully private, though the government over there has a larger say in their activities (relative to the West) because the law (in effect) is whatever the Party says is. Companies can't take an issue to court and defend themselves from e.g. "government overreach" (in quotes because the concept doesn't really make sense within an authoritarian system) because there isn't any judicial independence. And laws are written deliberately vague so that the Party can interpret them flexibly to fit its needs for any given circumstance.
The state sector used to be larger, but it shrank as Deng's economic liberalization policy doctrine was executed (i.e. post-1980). Xi Jinpeng has been trying to give SOEs a larger role in the economy in the past several years as part of his push to strengthen the Party's control over Chinese society.
Within the past year or two, the Party also forced some of the most powerful companies (Tencent, Baidu, Alibaba) to give the government a small stake (<5%) and perhaps a board seat I believe, but it's mostly symbolic given the power the Party already has over these companies. (For one example, it forced Tencent to restrict children under 12 from playing a certain game for more than hour per day last year, which was before it owned an official stake.)
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On August 13 2018 09:28 mozoku wrote: China's state-owned enterprises are terribly inefficient, don't really turn a profit in most cases, and exist primarily to serve government interests (e.g. employ those who can't find a job to minimize social unrest, state-owned banks lend to sectors and businesses currently in favor with the Party and its policy goals).
I think when you consider the sorts of spending the government would require to do what you are describing, you could argue profit isn't a good measure of their success. If the government is intending to functionalize certain businesses to do the things you are describing, it may end up more efficient than social unrest etc.
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Arn't the nationalized oil companies this? Ie the saudi oil company thats going public next year for $1.5 trillion?
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On August 13 2018 05:48 IgnE wrote:Show nested quote +On August 12 2018 19:22 Introvert wrote:On August 12 2018 13:19 IgnE wrote:On August 12 2018 10:09 Introvert wrote:On August 12 2018 09:29 IgnE wrote:On August 12 2018 06:35 Introvert wrote:On August 12 2018 06:14 IgnE wrote:On August 12 2018 05:25 Introvert wrote:There was a well timed essay the other day at National Review that talks about this confusion over words. There aren't really a whole lot of socialists, just as there aren't that many real libertarians, but we still use these words, and both sides rush to them when needed. I'm only posting the first half, you should have to click the link. ‘Socialist’ Is the New ‘Libertarian’ The American Left doesn’t seem to follow very closely the Nordic states it claims to admire.
A large part of our political discourse consists of arguing about the meanings of words: Republicans should support the Affordable Care Act, Vox-style lefties argued, because Obamacare is a “conservative” program. (The three most important words in political economy are: “Compared to what?”) “Racist” and “sexist” mean whatever the Left needs them to mean at any given moment, as do “extremist,” “radical,” “risky,”and “reckless.” (The Trump administration has some ideas about fuel-economy standards; what are the odds the New York Times editorial section, that inexhaustible font of clichés, will denounce them as a “reckless scheme”? Approximately 100 percent.) Republican thought leaders, in between the ads for gold coins and doggie vitamins, denounce as “socialist” everything from Hillary Rodham Clinton to the USDA to preschool programs.
But cut them some slack: The Democrats don’t do much better on “socialist,” the magic word of the moment. Senator Bernie Sanders sometimes calls himself a socialist, and every now and again he hits on a genuinely socialist theme, but his particular blend of yahooistical union-hall nationalism, nostalgic corporatism, and central planning went by a different name back in the 1930s. Most of the young Democrats calling themselves “socialists” do not talk very much about socialist ideas at all, instead being smitten with Northern European welfare states such as Sweden and Denmark, which do things differently than we do here in the United States but which are not socialist in any meaningful sense of that word. Ironically, the rhetorical project of conflating the welfare state with socialism seems to have been as successful on the left as on the right.
The American Left doesn’t seem to follow very closely the Nordic states it claims to admire. Beginning in 1991, Sweden embarked on a decades-long campaign of privatization and reform that made the scholars at the Heritage Foundation envious. It sold off state-owned enterprises and interests in the liquor, pharmaceutical, and banking sectors, expanded private alternatives in health-care and retirement programs, eliminated state monopolies in pharmacies and vehicle inspections, and much more. This began under a center-right government and continued with a reduced scope under the Social Democrats, who stopped short of privatizing the Swedish postal service and state-run utilities. Denmark is a country with a long history of free trade, strong property rights, and liberal labor markets. Most of the Nordic states have no legislated minimum wage; as in the case of Switzerland, they generally rely on industry-by-industry labor agreements that vary greatly by sector. They are different in many important ways from the American model, but they are not socialist.
Michael Tomasky, the editor of Democracy, is among those taking this Democratic talk of “socialism” more or less at face value. He writes:
I’ve been fretting lately about the state of mind of America’s capitalists. All these socialists coming out of the woodwork must have them in quite a lather. So I write today with some friendly advice for the capitalist class about said socialists.
You want fewer socialists? Easy. Stop creating them.
Every once in a while in history, cause and effect smack us in the face. The conditions under which the czars forced Russians to live gave rise to Bolshevism. The terms imposed at Versailles fueled Hitler’s ascent. The failures of Keynesianism in the 1970s smoothed the path for supply-side economics.
Mr. Tomasky writes with remarkable self-assurance. (Surely there was a bit more to the rise of the German National Socialist Workers party than the Treaty of Versailles.) But he hits on the fundamental thing: All this talk about socialism isn’t about socialism. It’s about the status quo, and an old-fashioned rhetorical stratagem long employed by the Left is to equate every ill in every Western society with “capitalism.” (But set that aside for the moment.) Mr. Tomasky writes:
If you were a person of modest or even middle-class means, how would you feel about capitalism? The kind of capitalism this country has been practicing for all these years has failed most people.
Yes, it’s given us lots of shiny objects to gush about. A smartphone that can display slow-motion video is a wonder. But an affordable college education, though perhaps not a wonder, is a necessity for a well-ordered society.
There are a few obvious shortcomings to his line of argument here, and not just that history has seen many well-ordered societies that had little or nothing in the way of university education. Mr. Tomasky isn’t making quite the point he thinks he is: Those nifty smartphones are the product of the part of 21st-century human endeavor characterized by free enterprise, free markets, private investment, etc., that we call capitalism. Education, for the most part, isn’t. In the United States, the state university system is a social enterprise, one generally based on state ownership of economic assets such as land or, in the case of my alma mater down in Austin, mineral rights. It’s as close to a socialist program as we have, and all the would-be socialists are complaining about it.
Something’s not quite right there.
The real world is always more complicated than political rhetoric of Mr. Tomasky’s kind, which relies on absurd oversimplification to concentrate its emotional energy. Conservatives often scoff that socialism simply “doesn’t work,” but the state-dominated enterprise that is the American system of higher education is the envy of the world. Its main financial problem is the fact that its innovative and enterprising managers can always figure out a way to soak up whatever great roaring streams of money that government shunts in their general direction.
(Question: What do you imagine would happen to the price of a Honda Civic if the federal government gave every young person in the country ten grand and a subsidized loan that could only be used for the purchase of a Honda Civic? My guess is that the price of a Honda Civic would go up enough to accommodate all the money that was on the table.)
The K–12 education system is an almost exclusively government-run enterprise, too, and it, on the other hand, is a mess. What’s the difference between the low-performing K–12 system and the world-beating higher-education system? There are of course many factors at work: College professors enjoy higher social status and (often, not always) more generous compensation than do eighth-grade art teachers, and the standards for becoming one are (often, not always) higher. But certainly consumer choice is among the most important factors. Students have a choice about where they go to college, and they take their money (public and private) with them wherever they go. Outside of a few cranks such as me, nobody talks very much about fully privatizing K–12 education in the United States. Instead, what most conservative reformers emphasize is introducing consumer choice into that social enterprise, making K–12 more like college in terms of its economic incentives. There isn’t really a socialism-vs.-capitalism aspect to that. The real underlying issue is what the Nordic reformers sometimes call “marketization,” bringing choice, competition, and accountability to state-dominated enterprises that once had been monopolistic, with all the dysfunction and woe that goes along with that.
Capitalism vs. socialism? In American politics, that’s a case of words about words, and very little more.
But we love to fixate on exciting words. For a moment during the presidency of George W. Bush, virtually every figure on the right was denounced as a “neocon,” a term poorly understood by the majority of the people who use it. “Republican” and “conservative” weren’t good enough. Even the Buchananites whose distinguishing feature is their intense hatred of neoconservatives found themselves denounced as “neocons” from time to time. As George Orwell noted in the case of “fascist,” the word came to mean nothing more than: “I hate you.”
(Or, often enough in the case of “neocon,” nothing more than: “I hate you, Jew.”)
Do you know what the word “libertarian” means? Our friends over at Reason magazine define libertarianism as the creed of “free minds and free markets,” and there are a few of us old-fashioned ideologues who more or less hold to that. But what the word “libertarian” really means in the majority of cases is: a person who is culturally on the right but understandably embarrassed to call himself a Republican. Hence a great many self-described libertarians rallied in 2016 to the cause of Donald Trump, who is — love him or detest him — something close to the opposite of a libertarian, a man whose instinct is toward government intervention in practically everything, an admirer of Joe Arpaio at home and Vladimir Putin abroad.
The two major U.S. political parties mirror one another to an almost comical extent. Both of them are institutionally dominated by relatively moderate and somewhat dusty specimens of the American ruling class, and both of them are emotionally dominated by a relatively small activist base that hates its own party establishment almost (that’s the key: almost) as much as it hates the guys on the other side. The tea-party movement was never about giving the bird to the Democrats: Hating the Democrats was a given. The tea-party movement was about giving the bird to the leadership of the Republican party. Ask the more perfervid Trump admirers who the real Enemy of the People is and they’ll say it’s Paul Ryan and Mitch McConnell.
The same dynamic plays out on the left: I spent some time covering Bernie Sanders’s campaign, and there were a few true believers convinced that the grumpy Muppet from Vermont was just what the republic needed. But many of them simply could not stomach the prospect of pulling the lever for someone named “Clinton” again and lining up behind some triangulating, difference-splitting, corporation-friendly, deal-making, bipartisan-leaning, Davos-frequenting gazillionaire. The angriest partisans on both sides don’t want to work on structural reforms to K–12 education: They are engaged in a tribal contest the aim of which is to humiliate the other side. Lincoln was the Liberator, Reagan the Great Communicator, and Trump the Great Humiliator. Jon Stewart became the most beloved man on the American Left because he has a talent for humiliation, not because he’s a great wit or because he has original and insightful ideas about public policy.
Beyond Words about Words
.... written by the author of the helpful primer: the politically incorrect guide to socialism williamson says, "this isnt about politics, its about aversion to risk." ah ok then, so whats politics about? I'm not sure I see where he said that, and I don't think anything he wrote implied it. In fact, he says Beneath the tribalism, the underlying energies on both sides of the political divide are status anxiety and risk aversion. and There are ways for conservatives to address those risks that are consistent with our political philosophy and our values. But we often fail to make the case, because we often fail to account for the intensity (and the distribution) of the risk aversion among those who see the world differently than we do.
These both imply, at least to me, that he sees risk calculation as a part of our politics. The first paragraph of that section Which brings us back to socialism, and to Mr. Tomasky. Those who are genuinely interested in the underlying dynamics of American politics — either for the pragmatic purpose of winning elections or for the quaint purpose of trying to make this a better place to live — must begin by understanding that what is convulsing these United States is not an ideological conflict. It is not a philosophical conflict, and it is not a contest of visions and transcendent values. Not one American citizen in 20 has anything like the intellectual preparation and inclination to engage in such a contest. This is a case of rational ignorance, inevitable as death. appears to separate risk and a "philosophical" conflict, but there is no exclusionary principle or argument laid out here. Ok, but for the sake of argument let me present a combative but not unreasonable interpretation of the author's (sub)text here, and you tell me why this caricature is must so very wrong: Socialism is the new libertarianism because people are stupid and don't know what either term means. Socialism won't work because it can't work (see my book on this topic, where I show how stupid socialism is). When people say they want socialism, they aren't being philosophical, or political, or even engaging with value-oriented ideas; they are instead just worried about losing what they have. They were on the right track with libertarianism but got derailed with Ron Paul's failures. They think they want socialism, but all they really want is a nice safety net like our capitalist Scandinavian friends. In fact what they really want is not less capitalism, but more. Capitalism cut world poverty in half in the last two decades and gave us iphones. Critics of capitalism don't even understand that capitalism is the only reason we have iphones in the first place! I admit I'm a little confused as to how we got from your first post to here. He quite obviously knocks on socialism repeatedly. he doesn't reference his book and that's not even "the thing" he is known for, so that might be unfair :p He seems to treat risk aversion as a legitimate political concern. But while it may be part of politics, this discussion we are having isn't actually about socialism (or even capitalism) as an idea. He assumes the success of capitalism but he doesn't dismiss the concerns of others as unreasonable. I think "when people say they want socialism, they aren't being philosophical, or political, or even engaging with value-oriented ideas; they are instead just worried about losing what they have" is the point. The rest of that is fine, though I will agree with you that it is "combative." Although this is actually a rather tame essay by some measures for Williamson. I agree with the assessment that the nation at this moment isn't having some sort of philosophical debate. That seems fairly obvious to me. Edit: I certainly think what is happening is political, and I think he does too. what I meant with the first post was that he seems pretty contemptuous of the electorate, and perhaps is arguing that they aren't "political" in the sense of deliberate engagement with ideas, but are basically just reacting to media and marketing pressure playing off of primal fears, latching onto words that have 'lost' their meaning I didn't take anything from it about "marketing pressure" and "primal fears" because I don't think "risk aversion" is terribly related to primal fears, unless they are are indeed rational fears. And perhaps the reason he would say people respond to it is ease: Socialism provides, for those not inclined to think too deeply about the question, a one-word answer for all those dilemmas. It’s the Left’s version of the libertarians’ “The free market will take care of it, or private charity will.” Neither of those prescriptions withstands very much scrutiny. Perhaps I am thinking Williamson is being nicer than normal, since he's written things like this Edit: I think I agree with a lot of what you are saying, unless you think we are having a philosophical debate in the country right. Perhaps I'm not reading you right (by now it's 3:30 am), but you seem to think that he is in some way calling it fake or shallow, people reacting more or less mindlessly to stimuli. I don't think he's being as harsh as that. There isn't a grand debate, it's people with real issues turning to bad ideas, often without knowing what they mean. I think that fundamentally the contemporary political climate, its polarization, its antagonism toward 'the establishment', its search for a new vocabulary, is founded in a deep-seated and unarticulated knowledge that the 'liberty' in liberalism is a mask for the inherent domination of the economic liberal order. Williamson is not wholly wrong to suggest that 'socialism' has come to mean something like 'the welfare state' in contemporary liberal discourse. Indeed, leftist critique since the failure of 'actually existing socialism' in the late '80s and '90s (although it was apparent a decade or two before then) has largely assumed the superiority of markets to 20th century state socialism. We can take 'markets' here to be a shorthand for all of the institutions, laws, practices, and discourse that characterize liberal production and trade regimes, and we can also fully admit that such a regime is overwhelmingly ascendant. This disavowal of the production side of Marx's critique, and a focus on a Foucaultian critique of power, has led to a focus in leftist politics on rights and sovereign equality that totally assumes a background of liberal economism. Socialism then becomes a signifier for a welfare state redistribution of economic resources — it is simply a positivistic prescription for distributive economic justice. 'Liberalism' on the other hand defines the horizons of a political discourse that has been totally disarticulated from production. The concept of 'freedom' is reduced to consumer choice, or free expression, or free expression as consumer choice. The left's embrace of 'socialism cum liberal markets' is the embrace of this limited notion of freedom, circumscribed by liberalism itself. Williamson's unsophisticated attacks on whatever he is calling 'socialism', and his argument that the people say they want socialism but don't really understand socialism, that what they say they want is not real socialism, is mired in moot 20th century criticisms of a 'really existing socialism' that everyone already pretty much agrees (even the Marxist academics) is not a good or viable system. You can just look at Williamson's horrible misreading of Tomasky's argument that good liberal citizens who feel free need more than "shiny objects" to gush about. Williamson somehow warps the argument, interpreting it to be a criticism of capitalism's ability to produce "shiny object." Marx himself understood that capitalism was great at producing shiny objects. Nobody disputes that. Even arguments like "liberalism is failing," insofar as they really fail to grapple with this disjunction between political norms/institutions and economics, and freedom's relation to both, often end up arguing for things like a universal basic income and distributive economic justice without really addressing what is implicit in Tomasky's writing: that liberalism, in producing great material prosperity, is unable to address capitalist domination in the form of liberal subject constitution. That is, freedom is not an abstract bundle of rights, it's a practice informed by opposition to whatever is locally and ideologically conceived as 'unfreedom'. Liberal democratic capitalism's grounding in an atomistic social ontology and its evisceration of meaning from social epistemology and practice, has posed (perhaps unconsciously) unfreedom today as the inability to produce meaning. Ephemeral self-expression lacks the ontological solidity and psychological value of, for example, Arendt's conception of a true "act." Liberal freedoms appear more and more as the unfreedom of submission to capital, and it is, I would argue, precisely the divorce of the productive realm from the domain of politics that has led to a profound disenfranchisement — not in the sense of 'the vote', but in the sense of truly sharing in power to make and remake society. The right and the left are two, more or less, blind reactions to this feeling of disenfranchisement. On the right you have a nostalgic return to nationalism, while on the left you have ever louder demands for economic redistribution and 'rights' to free expression (including entrepreneurialism, aesthetic representation within liberal institutions, equal exploitation under capital, etc.) While my criticisms of the right should be obvious, even leftist politics is defined by an imaginative deficit. The left mostly fails to imagine the transformation of the (liberal) organization of society which produces the suffering victims it claims to champion, like rebellious teenagers imagining a world without parents. The left's failure is perhaps best seen in the increasing theoretical reliance upon the State as the arbiter of social antagonism. Demands to be insulated from 'challenge' (trigger warnings, etc.) and demands for the state/institution to hold someone accountable for perceived wrongs (abdication of personal responsibility) is a demand for a new Master, a demand to be protected from the excesses of freedom, something that is the very opposite of 'radical democracy'. They point instead to a radical disavowal of a desire to share in power, to assume responsibility, and to generate futures together.
Your posts in these chains have appeared to evolve into some of your more detailed criticisms of the modern left, and as such I leave them there. I have no doubt that I would abhor your preferred solutions but I actually prefer much of your criticism to most of what I see from that side. But if I may mutilate a metaphor, I think this is all above the essay's pay grade.
In my view (and I’m not the only to think this) the capitalist system is the system most properly respectful of rights, which, to most conservatives, belong exclusively to the individual (“group rights” are only rights insofar as groups consist of individuals). But some (especially in the intellectual side) are coming back around to acknowledging the obligations and responsibilities of individuals, if you possess rights you also possess responsibilities. Perhaps it odd for me to say that such a thing seems missing, considering all we hear about self-sufficiency, but that talk was never quite of the same character, at least to me. It could be that the freedom of capitalism and the creative destruction it entails requires recognizing the individual, civil and political aspects of obligations. Ignoring the latter two I actually blame very largely the conservative movement that was politically popular in Washington, the people who said we should only focus on economics, and that the famous first (or third, it's never the second!) leg of the Republican stool was to be shunned and treated as lesser. I think that is one very good reason we are here.
+ Show Spoiler +Although I should emphasize that I don't find capitalism broken or in need of replacing, and as a card carrying conservative I don't even get the point of considering "solutions" for things like inequality because I don't view them as the problem anyone on the left would. That being said, something is clearly happening, and the "end of history" was obviously never going to actually come about.
I’ve tried to condense this because I think the conversation is moving on from the essay. You can read and move on, respond here or PM if you wish, I’ll make the time 
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Yes, well, Lockean property rights are really the cornerstone assumption in dispute aren't they?
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