Archive for the ‘Political economy’ Category

Populism

Political categories — however plausible they look on paper — quickly dissolve into senseless noise when applied to modern historical reality, unless they foreground populism as the critical discriminating factor. Furthermore, populism is for all practical purposes already national populism, irrespective of ideological commitments to the contrary, since super-national popular constituencies exist only in the feverish brains of Utopian intellectuals. The Syriza victory in Greece is making all of this extraordinarily graphic:

Ushering in the new era, Alexis Tsipras, the prime minister-designate, announced that he would not be sworn in, as tradition dictates, in the presence of Archbishop Iernonymos but would instead take the oath of office in a civil ceremony. At 40, he becomes the country’s youngest premier in modern times. […] The leftist, who surprised Greeks by speedily agreeing to share power with the populist rightwing Independent Greeks party, Anel, is expected to be handed a mandate by president Karolos Papoulias to form a government later on Monday. Earlier, Panos Kammenos, Anel’s rumbustious leader, emerged from talks with Tsipras lasting an hour saying the two politicians had successfully formed a coalition. […] “I want to say, simply, that from this moment, there is a government,” Kammenos told reporters gathered outside Syriza’s headquarters. […] “The Independent Greeks party will give a vote of confidence to the prime minister, Alexis Tsipras. The prime minister will go to the president and … the cabinet makeup will be announced by the prime minister. The aim for all Greeks is to embark on a new day, with full sovereignty.”

Anyone who thinks it odd that Marine Le Pen and Slavoj Žižek are both firm supporters is missing the picture entirely. As Žižek remarks:

This is our position today with regard to Europe: only a new “heresy” (represented at this moment by Syriza), a split from the European Union by Greece, can save what is worth saving in the European legacy: democracy, trust in people, egalitarian solidarity.

That’s what the Left means. Construct your ideological spectrum accordingly.

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January 26, 2015admin 60 Comments »
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Failure

Markets fail, so we need to rely on government sometimes (or often) to set things straight. — That’s probably the single most comical piece of commonplace insanity in the world today. All kinds of people fall for it, even those who seem otherwise capable of coherent cognitive processing.

Chris Edwards puts together an impressive short (and implicit) demolition.

Fernandez’ summary of the Edwards post is even better (so I’ve left the link to him):

Chris Edwards at the Cato Institute believes there should be a National Museum of Government Failure. He argues that the displays at the Smithsonian would pale into insignificance if set beside the awe-inspiring sight of such things as the “$349 million on a rocket test facility that is completely unused“, the Superconducting Collider whose ruins include nearly 15 miles of tunnel and the ex-future Yucca Mountain nuclear waste site. Yet these artifacts, whose scale would surpass many a Lost City, are far from the worst failures. The biggest fiascos by dollar value are the various government programs designed to win the war on drugs or poverty which after having spent trillions of dollars fruitlessly, lie somewhere in an unmarked bureaucratic grave.

A price tag doesn’t do justice to these calamities, which are not only wasteful, but positively and perversely harmful, but it’s a start. The category of ‘waste’ itself fails here, because it would actually be less culturally toxic for all the resources squandered on social programs to be simply annihilated into hyperspace without remainder. Ruinous dependency incentives would then be hugely lessened.

Of course, the idea that dysfunctional political institutions will cooperate with their own public humiliation is also a piece of lunacy (and this time, one that beltway libertarians are peculiarly prone to).

ADDED: Highly relevant.

January 20, 2015admin 11 Comments »
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Quote note (#145)

Joichi Ito on why Bitcoin is not like the Internet:

The founders of the Internet may have been slightly hippy-like, but they were mostly government-funded and fairly government-friendly. Cutting a deal with the Department of Commerce seemed like a pretty good idea to them at the time.

The core Bitcoin developers are cypherpunks who do what they do because they don’t trust governments or the global banking system and are trying to build a distributed and autonomous system, one that is impervious to regulation and meddling by anyone at any time. At some level, Bitcoin was designed to not care what regulators think.

ADDED: More Internet / Bitcoin comparison.

January 19, 2015admin 20 Comments »
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Quote note (#144)

Pete Dushenski on the reactionary case for Bitcoin, the lead up:

Gold balanced the forces of the world. As such, no matter where you went, gold was transferable to the local currency. Whether you were in France or Florence, your gold was good. In fact, if you weren’t in your own backyard, using your own community’s debt instruments, gold was basically the only thing that was accepted. So whether you wanted to buy a copy of the Bible, fight a foreign war, or build a palace, you needed gold.

Then came The Revolution: replacing the Monarch, the Church, and generally anything good by instituting “reforms” and encouraging “progress” in the name of “the people.” At first, the sheer number of supporters of constitutional democracy was sufficient to establish this social experiment. Eventually, however, sheer numbers would prove insufficient. Why? Because this “new” system failed on every account to educate its supporters on the essential matters of politics and economics, leaving them intellectually high and dry and prone to the exact golden calves that the Church and Monarch were protecting them from. As a result, after experiencing a bit of lifestyle creep, an newfound and ever-growing sense of entitlement began to take root. And oh did those roots grow deep.

The roots grew so deep that the electorate began knocking on democracy’s door, demanding more and more. Where once they were thankful for their new liberties and freedoms, they soon found themselves adrift at sea, lost and without cause. To unyoke this infinite expansion of wants from the finite, gold-bound resources of the state, the Revolutionaries had no choice but to take hold of the money supply of their nations, wresting it from the grasp of sound money and all the goodness and balance it had fostered. This was the only way to keep up the ruse and placate the electorate. So they instituted Central Banking at a scale never before seen. …

(The whole thing is glorious, including — in the original — footnotes.)

January 14, 2015admin 35 Comments »
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Quote note (#142)

To add to the ledger of Singapore as a redoubt (no doubt beleaguered) of Neoreactionary insight, an opinion piece in the most recent Straits Times begins:

China’s rise has been psychologically disquieting to many in America and the West generally, because in China, capitalism flourishes without liberal democracy. This is regarded as somehow unnatural and illegitimate because it punctures the Western myth of the universality of certain political values and of the inevitability of the development of certain political forms. And unlike, say, Japan or India, China only wants to be China and not an honorary member of the West.

The myth of universality is ahistorical, pretentious and parochial.

It is ahistorical because it ignores the inconvenient fact that every Western country was capitalist long before it was either liberal or democratic as those terms are today understood …

… much sanity follows.

January 9, 2015admin 4 Comments »
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Twitter cuts (#6)

Amplified when read as a follow up to #4, this piece of jiu jitsu by VXXC is a great way to invigorate some running debates (even if it can’t be embedded normally because of the ridiculous privacy option activated on his account):

Strangely so called Reactionaries coming to Fences marked Republic, Constitution, United States wish to obliterate these walls utterly. (9:09 AM, 7 January 2015.)

January 8, 2015admin 22 Comments »
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Extrastatecraft

The term is introduced — within a highly critical frame — here. The almost perfect coincidence with techno-commercial NRx (or proto-Patchwork tendencies) is so striking that the adoption of ‘extrastatecraft’ as a positive program falls into place automatically.

Keller Easterling is an architect, writer and professor at Yale University. Her most recent book, Extrastatecraft: The Power of Infrastructure Space (Verso, 2014), examines a new global network woven by money and technology that functions almost like a world shadow government. Though it’s hard to grasp the full extent of this invisible network, Easterling argues that it’s not too late for us to change it.

If it’s not too late to ‘change’ it, it’s not too late to intensify and consolidate it. Tech-comm NRx is obviously doing OK, if it already looks this scary.

December 20, 2014admin 12 Comments »
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Off the Books

Writing about Pakistan, as a ‘dark site’ host, but also about a more general syndrome, Fernandez remarks:

… just because the administration hides the risk from conflict using cutouts and proxies doesn’t actually mean the risk goes away. It only means the risk is hidden “off the books”. It only means you can’t easily measure it.

There’s a conservation law at work here, which is always a positive sign of realist seriousness. To publicly promote a political profile of peculiarly self-congratulating moral earnestness it is simultaneously necessary to feed the shadows. What happens unseen is essential to the purification of the image. The Obama Administration is only significant here insofar as it grasps the deep political logic of democracy — and its subordination to sovereign PR — with such exceptional practical clarity. Better by far to indiscriminately drone potential enemies to death on the unmonitored periphery than to rough up a demonstrated terrorist in front of a TV camera. It’s the future you wanted (Xenosystems readers excepted). To imagine anything fundamentally different working under democratic conditions is sheer delusion.

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December 18, 2014admin 13 Comments »
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Deep State

This surely counts as a (Friday) fright night topic. Appropriately, it’s an undertow NRx theme already, although typically only casually invoked — almost allusively — as the necessary complement of the public state’s naked superficiality. Rod Dreher focuses upon it more determinedly than any NRx source I was able to rapidly pull up. (This would be an easy point for people to educate me upon.)

Dreher’s post is seriously interesting. One immediate hook:

Steve Sailer says that the Shallow State is a complement to the Deep State. The Shallow State is, I think, another name for what the Neoreactionaries call “The Cathedral”

As a State Church, the Cathedral is essentially bound to publicity. Its principal organs — media and education — are directed towards the promulgation of faith. It tends towards an identification with its own propaganda, and therefore — in Mike Lofgren’s words — to the full manifestation of visible government. Perfect coincidence of government with the transparent public sphere approaches a definition of the progressive telos. Since Neoreaction is particularly inclined to emphasize the radical dysfunctionality of this ideal, it naturally presupposes that real government lies elsewhere. In this respect, NRx is inherently destined to formulate a model of hidden or occult government — that which the Cathedral runs upon — which inevitably coincides, in all fundamentals, with the deep state.

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December 12, 2014admin 44 Comments »
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Distrust

Every public institution of any value is based on distrust.

That’s an elementary proposition, as far as this blog is concerned. It’s worth stating nakedly, since it is probably less obvious to others. That much follows from it is unlikely to be controversial, even among those who find it less than compelling, or simply repulsive.

One major source of obscurity is the category of ‘high trust cultures’ — with which neoreactionaries tend naturally to identify. There is plenty to puzzle over here, admittedly. This post will make no serious effort to even scratch the surface of the questions that arise. Instead, it contends that the culture primarily commended for its trustfulness has been conspicuously innovative in the development of trustless institutions. These begin with the foundations of Occidental reason, and especially the rigorous criterion of logical and mathematical proof. A proof substitutes for trust. In place of a simple declaration, it presents (a demanded) demonstration. The compliant response to radical distrust has epitomized Western conceptions of rationality since classical antiquity.

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December 10, 2014admin 44 Comments »
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