As Bruce says elsewhere in this thread: the problem is not technical, it is political. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
the problem is not technical, it is political.
How do we get people to "wisen-up"? At least with the Vikings, the locals knew they were being raped and pillaged.
Mine was the first substantive comment on the diary. Bruce, at least in part, concurred. I remain convinced that the cogency of Hobson's analysis is still valuable. Among other things, he is pragmatic.
One of the problems in the US is to undo the vaccination that almost all US citizens received during the cold war against anything that could be smeared, first as "Atheist-Communist", then as Marxist, then socialist, down to, most comically, as "liberal," remains a potent obstacle to intelligent discourse. As the professor in the one course I took from a sociologist remarked: "The value of Marks is in his analysis. His prescriptions were very tentative." But the conservatives have managed to conflate him with Lenin, as in "Marxist-Leninist." Most unfortunate. If sanity be culturally normative, then by the norms of this culture I claim insanity.
