[OPE] Rethinking Marx

>From my point of view, the rich intellectuals and ideologists are really rather at a loss to explain what is happening in the world now, and they are rather uncertain about what the moral implications are.

Very little actual research is done, never mind original research, it is mostly a rehash of the past, a posturing with images, or an attempt to ingratiate oneself with a particular circle of academics.

For this reason, the intellectuals drag up a few old thinkers like Marx, Schumpeter and Keynes again, as a reference orientation.

However, on closer inspection, what is actually said about Marx, Keynes and Schumpeter is mostly completely vacuous or false, and fails to hit the nail on the head.

If governments "are not in a position to show that we can create a social order for the world in which such crises do not take place," warns German Chancellor Angela Merkel, "then we'll face stronger questions as to whether this is really the right economic system." http://www.time.com/time/specials/packages/article/0,28804,1873191_1873190_1873188-1,00.html

It's not only that they cannot show this theoretically, but also that they cannot operationalize it. Hence the anxiety.

Jurriaan

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Received on Fri Jan 30 08:12:00 2009