On the matter in question, y’all could do worse than shell out £1.50 for this pamphlet – if only to appreciate the tranparent pseudonym:
http://www.katesharpleylibrary.net/bulletin/publications.htm#patchrider
Not that I am a Marxist, but historical materialism is a way of seeing the world which has no necessary policy implications. Remember once there were Right Hegelians and Left Hegelians, and Marxism grew out of the latter – but there’s no reason why not to have Right and Left Marxists. After all, there’s still a big, big question about whether Marx himself .
A mode recent thinker, but one committed to historical materialism of a particular sort (Alexandre Kojeve) was ambivalent – for him, the matter of which side won the Cold War was a relatively uninteresting fact to be settled by progress, so long as someone won it and we could continue to be carried forward to the End of History.
So, two cheers for Free-market Marxism!
]]>It’s important to remember we don’t have many of the choices (in how to earn and what to buy, for example) that a *really, truly* free market would bring.
]]>Personally, my objection to libertarianism is summed up by something one of the Crooked Timber team said: the problem with libertarianism is that the societies closest to it are Somalia and the DR Congo.
]]>Leaving aside politics, his approach to social and economic phenomenon (start here with articles like the Use of Knowledge in Society or Economics and Knowledge, but there’s lots to go on to from there) can benefit anybody. He was a great systematiser and his work, while very dry, does force you to think through The Way The World Works, and to do so without recourse to convenient simplifying assumptions about hidden forces, but to the chaos of human interaction.
Re efficiency vs equity – quite so. But then libertarianism seems to me just another form of Gnostic heresy, much like socialism was. It’s just that for socialists, heaven-on-earth would be equal in material outcome, while for libertarians it would distribute material outcomes according to (very unequally shared) merit. Far more difficult to contend with being between extremes – recognising that scarcity necessarily requires inequality, but recognising too that necessity shouldn’t be sanctified so that it can’t be traded at all against other goods.
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