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Frank Schnittger:
The failure of <insert utopian ideology here> was not that it wasn't relatively enlightened compared to the <insert dystopian idologue here> fundamentalists, but that it depended on the continued enlightenment of society and polity to survive.
Which political system is able to survive an unenlightened society and polity? That is the problem: enlightened self-interest.

The Federalist #51

If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary.


It'd be nice if the battle were only against the right wingers, not half of the left on top of that — François in Paris
by Migeru (migeru at eurotrib dot com) on Thu Mar 13th, 2008 at 11:06:48 AM EST
[ Parent ]
I think you ignore the class analysis - it is not so much a case moral probity or intellectual foresight - of people being angels - as of their objective interests being at variance.  Keynesians got away with bridging that divide so long as everybody could be a winner.  They could describe themselves as centrists then - whereas now, in the US, they are so far out liberals - you can't get a PhD in any University based on Keynesian ideas.

The political centre has moved so far to the right, that only the out and out class warriors are at the centre of it.  Basically the rich have been able to reverse the New Deal and re-assign the political system to themselves.  The problem is not with the economics, but with the realities of the political order, and only a political revolution can change that.

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Thu Mar 13th, 2008 at 11:42:08 AM EST
[ Parent ]
We've already had a political revolution. That's what the Right did when they dug up Friedman and waved him around like a decomposing scarecrow, and funded any number of think tanks to do the evangelial work needed to sell his reform message.

It was a very quiet revolution, but effective because - as Techno says - the Keynesians had weaknesses. In the middle of an energy crisis it was easy to throw out the Keynesian message and replace it with monetarist crankiness.

Now we've had twenty years of crank economics flopping around incontinently in the mainstream, with the inevitable hilarious results.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Mar 13th, 2008 at 10:56:41 PM EST
[ Parent ]

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