Wednesday, March 02, 2022

and that's guidance?!

At a basic level, the market qua market exhibits moral idiocy This can be confirmed by a walk through the common drugstore. Cigarettes are stocked adjacent to smoking-cessation aids. Diet and weight-loss concoctions sit next to high-calorie snacks and sugar-loaded beverages. Fertility pills are down the aisle from contraceptives. In actual practice, no sane consumer can be or is guided simply and solely by the market.

Speaking at an equally basic level, every minimally working human economy has a strong, underlying communistic dimension. At first blush, this may sound shocking and revolting. But think not of state-directed and state-compulsory communism, as in the Soviet Union and China, which are indeed revolting. Think instead of consanguineous family, where all goods are shared in common. Think of close friendships or tightly knit neighborhoods, where snowblowers and mowers and tools are freely passed back and forth, or a hand is lent with moving house or barn building. Think of bystanders rushing to help a child who has fallen onto subway tracks. Think of the aftermath of natural disasters such as storms, fires, blackouts, or an economic collapse, where each gives of their ability to each according to their needs. Then, often if not always, people resort to a “rough-and-ready communism.”— Naming Neoliberalism: Exposing the Spirit of Our Age, 108

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