Wednesday, June 29, 2011

the attack on sin ister doctor pangloss continues

http://monthlyreview.org/2011/06/01/the-emperor-has-no-clothes%e2%80%94but-still-he-rules#.TgomuwaMbJo.email

quite tedious at this point ...no ??

poor jb clark what a prat pranging he takes

i mean really
how can any rad not   like the innocent   plain speak     in this :



"The welfare of the laboring classes depends on whether they get much or little; but their attitude toward other classes—and, therefore, the stability of the social state—depends chiefly on the question, whether the amount that they get, be it large or small, is what they produce. If they create a small amount of wealth and get the whole of it, they may not seek to revolutionize society; but if it were to appear that they produce an ample amount and get only a part of it, many of them would become revolutionists, and all would have the right to do so. The indictment that hangs over society is that of “exploiting labor.” “Workmen” it is said, “are regularly robbed of what they produce. This is done within the forms of law, and by the natural working of competition.” If this charge were proved, every right-minded man should become a socialist; and his zeal in transforming the industrial system would then measure and express his sense of justice. If we are to test the charge, however, we must enter the realm of production. We must resolve the product of social industry into its component elements, in order to see whether the natural effect of competition is or is not to give to each producer the amount of wealth that he specifically brings into existence."
---- the magnificent mr clark ---


sorcerer  lucas on the other hand ...

" bring me the family broad axe will you  jeeves "

and yet to blast unit  rationality loses the main chance here

units can learn and be as rational as they please
even close on the real systems features and workings
if given but time enough

but hey they aren't

the chaotic stagger despite staying within channels
is subject to innovations
new features new workings

sort of
the recent  special investment vehicle menace
   writ large

best utterence on same:

"Constant revolutionizing of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation ....all fixed, fast-frozen relations, with their train of ancient and venerable prejudices and opinions, are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned, and humanity is at last compelled to face with sober senses its real conditions of life, and its relations with itself."


but still the irrationality at the macro level can be critiqued
within the criterion of the enlightenment

we can indeed make   system wide reformations that are progressive



vide vickrey or lerner for a brace of  authentic old time patent medicine men
 souls that operated  cleanly  selling remedies
with potential efficacy
  lost  out there   among the  zillion snake oil salesmen
err   shall we say sherman ....

                        healers  lost among   heelers



speaking of the swell intended

my soft faced pal cuzzin it stiglitz takes a very un necessary  wetted noodle thrashing

the shirk model
is a parable  idiot
it serves to "story "
rationed jobs as capitalistically rational

any admission test seves as well

and really to the point
the sack remains the executioner of choice
among rational exploiters
even when avoidable