Wednesday, April 6, 2011

the advance of political economy after class antagonism is patent

famously marx drew a conceptual as well as  empirical line
between  the pro active  progressive science stage of bourgois political economics
and the  reactionary regressive purely  ideologically motivated stage of the same class project
called bourgeois political economics

the  empiracal line
 br and ar
 before and after ricardo
the conceptual line
 the point where the two great and final classes of cloven society
 self conciously face off
 in open struggle  perhaps france in the summer of 1848
perhaps the  late 1820's in jolly old england

example of the two combined
the ricardian worker poli econs of the 1820-30's

but we've had a lot more bourgeois political economics since then

well first there's the bi forcation
into
   pure ideological three card montee  scam  --bastiat personfies this --
and the reconcile the unreconcliable  school ---js mill --
both of these tendencies over lap with km and the near end of his own investigations
presumeably proletarian political economy or is that recipes for cook shops of the future and thus prole class activity is limited to critiques and agit prop

but since capital  1867
 we have the deepening of the original  discoveries  of the classical bourgeois school of poli econ
 the formalizations that at least  in micro economics are considered the ruling  neo classical  paradigm
these innovations that slightly over lap with km at the far end  do not represent an advance over the classicals  merely a  deepening of the results


a process that now after another hundred years of fresh starts and  impass stops
ie points where old knots lare untied and yet lead  on to new knots
 in the plenum of strings within strings
that goes both toward a bigger string  higher more general string structure  and a smaller more specific and fine  string  structure
--note this mixed string metaphor ---
since jevons we had one big even  the great depression and one big guy keynes

the big event of my life time is of course a lot of little events between say 1970 and 1985
that put  the final and complete end to  the neo classical  micro paradigm
nearly exactly one hundred years after its inaugural triumphs

but it leaves guys like stiglitz  akerloff the makers of this destructive set of discoveries
 in a position much like js mill i think trying to reconcil the unreconcilable
where his generations bastiats lucas barro simply panglos on
its as fun to be the bastiat in this comedia del arte as its grim to be the js mill
obviously eaxctly opposing temporaments are best suited to each project
hence the slap happy glow of cousin joe
and the hemroidal wince of   doc lucas