Comments on: Really existing capitalism continues to really exist http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/ Another Fine Edition of Me Tue, 13 Apr 2010 12:55:08 +0100 http://wordpress.org/?v=2.8.6 hourly 1 By: Rochenko http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/comment-page-1/#comment-13059 Rochenko Wed, 08 Oct 2008 15:09:04 +0000 http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/#comment-13059 Fair enough. Sweet dreams. For our part, I reckon we've got enough tinned tuna and jerky in the basement to ride this one out. Fair enough. Sweet dreams.

For our part, I reckon we’ve got enough tinned tuna and jerky in the basement to ride this one out.

]]> By: Allistair http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/comment-page-1/#comment-13058 Allistair Wed, 08 Oct 2008 14:57:21 +0000 http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/#comment-13058 I'm gonna sleep on it. I’m gonna sleep on it.

]]> By: Rochenko http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/comment-page-1/#comment-13057 Rochenko Wed, 08 Oct 2008 14:26:14 +0000 http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/#comment-13057 What I meant by the comment you quote is that banging on about "genuinely" free markets involves a heavy investment of fantasy, a sort of wish-desire which must never be fulfilled. Appealing in the public arena to the alleged divine right of the market to exist is, in its logic, similar to the political strategy used by the extreme left and right in Germany in the 20s: use the institutions we have to overturn the system from within. Except in this case (and this is what I should perhaps have made clearer) the "overturning" has to remain pure fantasy. Screaming about the need for markets to remain free is essentially a strategy to secure more government intervention. 'Twas ever thus. What I meant by the comment you quote is that banging on about “genuinely” free markets involves a heavy investment of fantasy, a sort of wish-desire which must never be fulfilled.

Appealing in the public arena to the alleged divine right of the market to exist is, in its logic, similar to the political strategy used by the extreme left and right in Germany in the 20s: use the institutions we have to overturn the system from within. Except in this case (and this is what I should perhaps have made clearer) the “overturning” has to remain pure fantasy. Screaming about the need for markets to remain free is essentially a strategy to secure more government intervention. ‘Twas ever thus.

]]> By: Allistair http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/comment-page-1/#comment-13056 Allistair Wed, 08 Oct 2008 14:02:36 +0000 http://www.smokewriting.co.uk/2008/09/26/really-existing-capitalism-continues-to-really-exist/#comment-13056 To assert some presumptive “right of the market” to function unfettered by politics is the libertarian fantasist’s equivalent of destroying democratic government through the parliamentary system. Tomorrow, politics will declare itself non-existent, leaving inherited economic might to trump right everywhere. But they do assert this presumptive "right of the market" even now, and they will continue to, will continue to be listened to and will continue to get their own way no matter what the flying fuck happens. I think this is the most depressed I've been as a part-time. semi-literate and conscientious individual. This is all wrong, the bailouts, Government interference, continued market stupidity and greed. I'm impressed that you carry on in the face of such madness. Personally, and for the first time, I'm thankful I'm in Korea. Not that I am insulated from effects - the Won (One)) has devalued 33% against the pound ffs - but I just seem too far away from the daily daily to be too overwhelmed by it all. It's all too crazy even for me. I don't know how you retain your calm. Take care. To assert some presumptive “right of the market” to function unfettered by politics is the libertarian fantasist’s equivalent of destroying democratic government through the parliamentary system. Tomorrow, politics will declare itself non-existent, leaving inherited economic might to trump right everywhere.

But they do assert this presumptive “right of the market” even now, and they will continue to, will continue to be listened to and will continue to get their own way no matter what the flying fuck happens.

I think this is the most depressed I’ve been as a part-time. semi-literate and conscientious individual. This is all wrong, the bailouts, Government interference, continued market stupidity and greed. I’m impressed that you carry on in the face of such madness. Personally, and for the first time, I’m thankful I’m in Korea. Not that I am insulated from effects – the Won (One)) has devalued 33% against the pound ffs – but I just seem too far away from the daily daily to be too overwhelmed by it all. It’s all too crazy even for me.

I don’t know how you retain your calm.

Take care.

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