- Capitalism and Alternatives -

Hutton is first and foremost a Keynesian

Posted by: lark on June 04, 1999 at 16:26:51:

In Reply to: I'm all intrigued! posted by Gee on May 27, 1999 at 10:14:10:

: Considering that you consider the media to be a 'tool of the capitalists' arent you doing Hutton a disservice there? Regardless, writing for broadsheets and being 'Keynesian' doesnt equate with instant credibility, but I get your point - sufficient people hold him in high regard to publish his work.

Yes if anything it would sully him in your view, being associated with the liberal press and Keynesianism that is, well Hutton is first and foremost a Keynesian and that means Capitalist with conscience/guilt unlike your libertarian self.

Oh well, I want socialism but state capitalism is preferable to private capitalism in my mind.

: No, 'we' dont support extremes of inequity or a lack of inequity for any end, chance or otherwise. Individual liberty only.

And by implication...... by the way you mistyped I believe the phrase you where looking for is liberty of the rich not individual, who are a capitalist afterall.

: What propoganda?, I feel youre digging a hole for yourself if you imagine myself to be the one who nods slavishly at the 6 oclock news and looks no further.

I dont thik you do but I do believe you read Friedman or Novick and nod slavishly.

: I did find some reviews of it and get the 'jist', Where he loses a little credibility is in describing Britain as being subject to "Ungoverned British capitalism". I have to assume he *did not* mean free markets, as such do not exist in Britain. his conclusions then might do well to criticize the current setup of mixing business and govt, and of the lack of any constitution in Britain, but wouldnt really be criticizing free trade or property (and he owns plenty it seems). He also seems to go on about classess all the time, with the false implication that you are what you are born and thats that.

That overwhelmingly is the case Gee you may become prosperous within your class but you wont leave it.

: You might have read his discussion with Robert Skidelsky, who povided counterviews to Huttons leftist economics, this piece is a better criticism, although I dont necessarily agree with the author either.

: http://www.prospect-magazine.co.uk/highlights/stake/index.html

Interesting enough but I think Capitalism has a terrible ruthlessness about it that I find terribly, terribly distasteful and no amount of rationality will change that.

: : Renewing your NRA membership this year then proud defender of the privileged and obnoxious?

: If i am considered to be "privileged and obnoxious" by you then thats fine,

I didnt say you Gee, I meant that by implication you are defending Gates and co. and they do live a disgust life you must admit, a house with about 500 bathrooms or something now that's greed.

:and I do have the right to defend myself, as do you and every human. You of all people would favor self defence and the means to this wouldnt you?


Follow Ups:


The Debating Room Post a Followup