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> I prefer to think of him as channeling some of the Marxists from the 1970s.

>So let me explain what I mean by this. It's individually rational for any firm to, for example, move jobs abroad. Because if you do, you make more money. That creates a competitive dynamic where every other firm does it, and collectively what's individually rational becomes collectively disastrous.

>The last time capitalism got into trouble in the 1970s, a bunch of Marxist theorists started to think about capitalism in this way. And if you think about the border tax arrangements that possibly are coming through, it is essentially trying to, in some sense, solve that collective action for capital.

He's making the trivial point that conflict theorists from the Marxian tradition made during the stagflation crisis that there are crises of accumulation and conflict between labor and capital that can only be solved by the state as an agent. He's referring to people like Robert Rowthorn, Geoffrey Harcourt, Joan Robinson, Nikolas Kaldor & other people centered around the Cambridge School in the UK, namely post-Keynesians and neo-Ricardians who draw upon the Marxian tradition inaugurated by people like Rosa Luxembourg, V. Lenin, N. Bukharin, Rudolf Hilferding and then moving up through Michael Kalecki and JM Keynes. The falling law of profit calls for financialization, militarization, monopoly and imperialism, themselves forms of state action on behalf of capital, intimated within Marx & Engels, when they discuss the joint stock company as a form of socialism within capitalism and the role of new markets, innovation and monopoly.


Basically, it implies that Keynesianism and corporatism are themselves the theories of a state captured by the capitalist class to coordinate their interests in the face of a falling law of profit.

Trump is a classic corporatist and a form of rentier Keynesian; hence his focus on patronage crony infrastructure plans with massive tax cuts accompanied by protectionism; he's operating on the theory that with the right inducements of carrots and sticks, the corporate class can act better in their collective interest through the mediator of the state, revitalizing their rate of profits and accumulation, while furthermore buying of a certain segment of the labor class, white, male laborers involved in primary products and manufactures, reducing their conflict with the capitalist class at the expense of those left out. It is a theory of social conflict & capital accumulation rolled up into one. Rowthorn, himself, joked that Monetarism was just Marxism but with the signs reversed, as though the capitalist class read Marx and realized his insights could be used to preserve the capitalist class against the worker. There is some truth to this. Monetarism focusses on reducing the power of unions & increasing the rate of profit, though Trump combines this further with corporatism.

It is perhaps over simplifying the intellectual tradition and attributes too much intelligence and insight to Trump, but as a rentier, extractive capitalist, he probably has an intuitive idea about extracting the public good and using the state on behalf of corporations.

Blyth is a legitimate economic historian and historian of economic ideas.

https://www.reddit.com/r/BasicIncome/comments/5cymfw/mark_blyth_on_ubi_and_a_postwork_world/

(Mark Blyth talks about the sufficient surplus which exists to provide for the whole world)

http://www.realclearpolitics.com/video/2016/11/18/mark_blyth_global_trumpism_and_the_revolt_against_the_creditor_class.html

(Blyth reinforcing my points above)

https://www.amazon.com/Austerity-History-Dangerous-Mark-Blyth/dp/019982830X

(Blyth on austerity)

I just read the article and I want to go back to bed: https://www.theatlantic.com/science/archive/2019/07/we-need-new-science-progress/594946/

Peak liberal ideology right here, folks

Edit: I just looked up the co-authors and found that one of them, Tyler Cowan, is the author of a book titled The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better.

Cowan's fundamental argument is that America's astronomical wealth rests on certain forms of """low-hanging fruit"""" such as """free land""" (which, he generously notes, "was often stolen from Native Americans, one should not forget) and that the benefits of that """low-hanging fruit""" have now ceased helping deliver the same rate of exploitation as it used to.

Simply put, his argument vindicates Marx's argument about the falling rate of profit, and this article with his co-author Patrick Collison is really about how to grasp this pseudo-object called "progress" in order to return us to past rates of profitability.

In conclusion: these fuckin liberals will drive a comrade to drink

Edit 2: This has to be one of the saddest sentences I've ever read lol:

>Along the cultural dimension, the artists of Renaissance Florence enriched the heritage of all humankind, and in the process created the masterworks that are still the lifeblood of the local economy.

Yes. 'Murica has worked hard over the last century to demonize socialism in all of its forms. One of the more recent books I read about it was One Nation Under God: How Corporate America Invented Christian America by Kevin Kruse. He also had a good interview on NPR about it.

https://www.amazon.com/Understanding-Marxism-Richard-D-Wolff-ebook/dp/B07T9G41QN/ref=sr_1_1?__mk_de_DE=%C3%85M%C3%85%C5%BD%C3%95%C3%91&crid=ZWO6CUZ3JF6&keywords=richard+wolff&qid=1565561875&s=gateway&sprefix=Richard+wol%2Caps%2C256&sr=8-1

https://www.amazon.com/Democracy-at-Work-Cure-Capitalism/dp/B07N8F9NVK/ref=sr_1_2?__mk_de_DE=%C3%85M%C3%85%C5%BD%C3%95%C3%91&crid=ZWO6CUZ3JF6&keywords=richard+wolff&qid=1565561942&s=gateway&sprefix=Richard+wol%2Caps%2C256&sr=8-2

Yes I'm aware of the irony of giving you amazon links and if possible you should buy the books at local stores ;).

If buying books is to big of a leap for you. Check out those two YouTube channels for the time being. You'll probably end up with books anyway.

https://www.youtube.com/channel/UCh2UY1hxlMr4_7Az_iQ82HQ

https://www.youtube.com/user/democracyatwrk

There's actually a lot of theoretical work in evolutionary biology that can be couched in terms of dialectical materialism, whether explicitly or tacitly. If you find this sort of stuff interesting, I definitely recommend those two books at least for starters.

yep, sure.

https://www.amazon.com/God-Gave-Donald-Trump-anti-establishment/dp/1947402544

How about the natives, and afrikans fighting against their genocide and enslavement?

I haven't read it yet, but it I've heard it covers this topic well:
The Counter-Revolution of 1776: Slave Resistance and the Origins of the United States of America

Here is a good book you should read on the subject https://www.amazon.com/Wages-Whiteness-Making-American-Working/dp/1844671453

Common sense doesn't stand up to the data.

Gar Alpervitz revealed the true reason for the bombs imo.

Sorry I wasn’t clear, they’re the normal colors of the American police flag

One, no ruling class in history has even given up power without at minimum the threat of the use of force.

Two, you seem unfamiliar with Marxism, because the aforementioned is something Marx and Engels wrote about:

>A revolution is certainly the most authoritarian thing there is; it is the act whereby one part of the population imposes its will upon the other part by means of rifles, bayonets and cannon — authoritarian means, if such there be at all; and if the victorious party does not want to have fought in vain, it must maintain this rule by means of the terror which its arms inspire in the reactionists. Would the Paris Commune have lasted a single day if it had not made use of this authority of the armed people against the bourgeois? Should we not, on the contrary, reproach it for not having used it freely enough?

>Therefore, either one of two things: either the anti-authoritarians don't know what they're talking about, in which case they are creating nothing but confusion; or they do know, and in that case they are betraying the movement of the proletariat. In either case they serve the reaction.

Frederick Engels - https://www.marxists.org/archive/marx/works/1872/10/authority.htm

Three, you seem unfamiliar and uninformed on Third Worldism. It has little to do with Americans "wanting to see change" and everything to do with material conditions. We are too rich (this can be objectively measured) to want global proletarian revolution.

www.readsettlers.org

https://www.amazon.com/Divided-World-Class-Zak-Cope/dp/1894946413

https://www.prisoncensorship.info/archive/books/Economics/DividedWorldDividedClass_ZakCope.pdf

https://en.wikipedia.org/wiki/World-systems_theory

https://www.amazon.com/My-Pen15-Club-Ginsburg-Celebrity/dp/B07C7BTH8K

This came to mind

• Archive of linked post

get dis book

It's this book btw: https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.amazon.com/Technology-communism-Brown-Mencius-Moldbug-ebook/dp/B01E4U2ZL8&ved=2ahUKEwjUrMOIkNXhAhUlVt8KHRM6CmsQFjAAegQIBhAC&usg=AOvVaw3QegoiL8xTBeEd9BW6f65w

read the description of it here

There's a whole book!