The problem with liberal economics (which manifested most recently as Reaganomics) is that it makes assumptions about human existence that tend to destroy cooperativity and the capacity for growth and critical thinking. Liberal economics is the political assumption that government exists merely to secure life, liberty and the pursuit of property. That in our so called “natural state,” we would exist as nothing more than a society of individuals with no claim on one another, beholden to an inefficient system of barter that takes no account of mammalian traits like altruism and reciprocity. That government in its proper function should do nothing more than prevent immediate, physical destruction of one person by another, and secure the means of efficient exchanges of goods (i.e. guarantee the supply of useful currencies). Liberal theory is silent about the long term destruction of an entire portion of the body politic by another portion, about politically enabled abuses of currencies, or conversely about the utility of things like education, growth, critical thought or ethical development. In our postmodern world, these are seen, by the left and the right, as the proper provenance of “personal values” and are considered off limits to others. This is most stridently articulated in the so-called separation of church and state, a principle more honored these days in the breach than the observance. What this deprives us of is the opportunity to have civil debate about our most entrenched social problems: questions of life and privacy, the right to marry, the notions of public benefits and public debts as applied to rich as well as poor. When we assume that we have nothing to say to one another, how can we be surprised that speech is frozen dead and all our problems threaten to swallow us whole?
April 23, 2013 by m4u
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