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Showing posts from July 31, 2016
Review of The Happiness Industry , a book by William Davies "What Davies recognises is that capitalism has now in a sense incorporated its own critique. What the system used to regard with suspicion – feeling, friendship, creativity, moral responsibility – have all now been co-opted for the purpose of maximising profits. One commentator has even argued the case for giving products away fre e, so as to form a closer bond with the customer. Some employers have taken to representing pay increases they give to their staff as a gift, in the hope of extracting gratitude and thus greater effort from them. It seems that there is nothing that can’t be instrumentalised. Yet the whole point of happiness is that it is an end in itself, rather than a means to power, wealth and status. For a tradition of ethical thought from Aristotle and Aquinas to Hegel and Marx, human self-fulfilment springs from the practice of virtue, and this happens purely for its own sake. How to be happy is the chie...
The Middle East and North Africa "Why do governments last? What kind of governments last? Increasingly, studies on the stability of regimes in the Middle East/North Africa region focus on how elites enfold the middle and working classes into socio-political orders. Such enfoldment happens through turning the state into not merely an instrument of violent class rule through extraction, but also part-and-parcel of everyday social reproduction." Critical Readings in Political Economies: Resilience
Britain  Via Michael Roberts The Keynesian economic advisors to the British leftwing Labour opposition leadership are ditching Corbyn and McDonnell as fast as they can.  Several Keynesians resigned in June from the economic advisory council, including Thomas Piketty.  Now Keynesians David Blanchflower and Simon Wren-Lewis have come out in support of Owen Smith, the MP running against Jeremy Corbyn in the leadership election. Apparently they reckon Corbyn is 'unelectable'. David Blanchflower, a former member of the Bank of England’s monetary policy committee, and Simon Wren-Lewis, a professor at Oxford University, were both members of Labour’s economic advisory committee. Blanchflower said Smith had been better at "consulting businesses and economists" in three weeks than Corbyn’s leadership had over the last nine months. Wren-Lewis, who was still a member of the committee until meetings were suspended in June, wrote on his blog: “What seems totally...
They make this "finding" look like a surprise. They conclude their finding with an already-bankrupt solution.  What do ordinary citizens in the Arab world really think about the Islamic State?
"Today´s ruling classes are not threatened from within. Thus, they can do what even fascists wouldn’t dare to do. They are smashing real wages, pensions, welfare systems, public schools, free healthcare, cheap public transport, cheap social housing and so on. Who will stop the ruling class?" " These are middle class movements that fear and despise the lower classes and the poor. They are open partisans of the class society – class warriors from above. They aren’t proposing anything new, they are just defending the repression, the exploitation and the injustice of today. Look at the situation in Poland or in Hungary. Have these societies had become more generous, more cohesive, and more collectivist at least within the white middle class? Of  course not. This is just rhetoric." " Look at people like David Cameron, François Hollande, Miloš Zeman. These people have no idea, they’re just blundering around. This is really serious. Then look at all the decadence...