Saturday 28 July 2018

The Left Veils Itself Behind the Invisible Hand (English)

 
Image credit


Here is the full German article.


Bootleggers and bootleggers 



Bootleggers I

Neoliberal economic arguments serve among other things prominently as a subterfuge to advance the special interests of mighty industrial forces.

Neoliberalism is a theory of individual markets interlocking harmoniously to give rise to an overall economy that is in equilibrium. 

Important implications and insinuations derived from it suggest that the market economy is an alternative to a world depending on politics, that free markets not only deliver superior economic results but also a desirable society, and that the state and the nation are a source of dubious interference with this ideal order.

In reality, traditional adepts of neoliberalism are opportunists happy to defer to the state as quickly as making use of neoliberal arguments if only their own interests are expedited.

We are dealing with a ruse. 

Ruse?

Bootleggers II

Ah, says the reactionary left, never let a ruse go to waste.

The capitalists rationally, if not reasonably, like to conjure away the disciplining demands of the state whenever they can, so as to attain their ambitions not burdened and undiluted by social considerations.

And that is exactly what the reactionary left craves for: do their own thing without interference from the most powerful player there is - the state.

So, they have eagerly adopted the neoliberal narrative of the invisible hand, being laden nowadays with concern for free trade and ardently promoting the epitome of neoliberal thinking, the EU.

Today's regressive left has no principles, only conceit and hatred, and they will leave the neoliberal ship as soon as it becomes opportune to do so. For the time being, however, taking or condoning the neoliberal stance is most helpful in advancing their destructive aims which require circumvention and emaciation of the only instrument capable of achieving pluralism, democracy, a balance of power between weaker and stronger social forces, the support of the disadvantaged and vulnerable, the prevention of unnecessary crises and the boosting of an economy when no other players are capable of it.

No comments:

Post a Comment