exactly as dilbert highlighted, and exactly as i meant in my original ridicule of jay's high-falutin quoting of adam smith: that era of early capitalism and free-market theorizing was characterized by the very worst in short-term blindness. that is the hallmark of unregulated capitalism: it needs more resources, more generated products, and more labour, ever-increasing or ever-diversifying into new markets, in order to stay profitable. and as ken said, this basic and fundamental mechanic of the capitalist marketplace isn't the analysis of some 'genius' second-rate chicago school ideologue - it's fucking essential karl marx, right there in the earliest formulations of his economic thought. and why is it not genius? because it has been patently fucking obvious since capitalism was in its earliest domestic-market phases.
the key concerns, whether or not you like to acknowledge the 'liberal hippy' agendas, for our contemporary age are probably the environment and our place as human beings within a wider creature ecology. these are certainly the new 'vogue' topics coming up in the humanities side of academic research, anyway: trans-humanism, more than humanism, in fact. not only in the direction of our ongoing development through technology and invention (no doubt driven by capitalism at its most beneficial), but also in the sense of how we need to get over a few hundred years of erroneous thought in thinking that mind is over matter, and humans are completely regnant over animals. we are gutting the planet in the most short-term fashion imaginable; whether or not you cry-wanked to 'an inconvenient truth' is not really the point. it's not as dramatic or fashionable as that, at its simplest and most undeniable level. purely unregulated capitalism is a terrible world-system to adopt in this moment in human history. the free-market will never take care of the pressing concerns that we find as a species.
the developing countries that are now going through a major industrial boom lend the main weight of urgency to this need for 'something else'. if we adopted a global 'free-market' and everyone had laissez faire capitalism, we'd extinguish the earth's resources and put ourselves back in the dark ages within the space of a few generations. 'the american dream' doesn't export well; it's not feasible, fungible, or sustainable. the free-market is essentially rapacious and accumulates capital and influence at the top - you can't review the neo-liberal experiment in any other way than that, really, without being seriously deluded. is this really what we need at this juncture in history? please put down the textbook.
the key concerns, whether or not you like to acknowledge the 'liberal hippy' agendas, for our contemporary age are probably the environment and our place as human beings within a wider creature ecology. these are certainly the new 'vogue' topics coming up in the humanities side of academic research, anyway: trans-humanism, more than humanism, in fact. not only in the direction of our ongoing development through technology and invention (no doubt driven by capitalism at its most beneficial), but also in the sense of how we need to get over a few hundred years of erroneous thought in thinking that mind is over matter, and humans are completely regnant over animals. we are gutting the planet in the most short-term fashion imaginable; whether or not you cry-wanked to 'an inconvenient truth' is not really the point. it's not as dramatic or fashionable as that, at its simplest and most undeniable level. purely unregulated capitalism is a terrible world-system to adopt in this moment in human history. the free-market will never take care of the pressing concerns that we find as a species.
the developing countries that are now going through a major industrial boom lend the main weight of urgency to this need for 'something else'. if we adopted a global 'free-market' and everyone had laissez faire capitalism, we'd extinguish the earth's resources and put ourselves back in the dark ages within the space of a few generations. 'the american dream' doesn't export well; it's not feasible, fungible, or sustainable. the free-market is essentially rapacious and accumulates capital and influence at the top - you can't review the neo-liberal experiment in any other way than that, really, without being seriously deluded. is this really what we need at this juncture in history? please put down the textbook.
Last edited by Uzique The Lesser (2013-03-20 04:53:23)