We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Monday, May 21, 2012

Why Keynes was Right, and Utterly Wrong

Click here to access article by Mat Little from New Compass.
Intelligent left-wing thought today is aware that people in Europe and the US live in immensely wealthy societies, but that more people do not see the benefits of that wealth: the ability, which Keynes envisaged, of devoting their energies to “non-economic purposes”. Because they are too busy making it for other people.
In the 1940s, the historian Karl Polanyi spoke of capitalism’s genius for creating “unheard of material welfare” but a simultaneous “catastrophic dislocation of the lives of the common people.” We are far closer today to Polanyi’s dystopia than Keynes’ utopia.