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Krugman's presence is causing something of a stir in the Social Media of
the leftist Laborites. As I posted before I welcome that, because it is a
crack in the TINA monolith. In fact in conversation with a Federal Labor
member of parliament some time ago  I urged him to campaign for a Krugman
tour of Australia.

But, at the same time, I am fundamentally puzzled as to why people will
listen to Krugman and not to better economists like Michael Roberts or our
own Rick Kuhn or Bill Mitchel.  In his take on Hegel's Master-Slave
dialectic Bhaskar wrote of how the slave wants reconciliation and mutual
forgiveness with the master and not the abolition of all master-slave
relations.  Keynesianism seems to hold out the promise that the boss can
once more be one's "mate"..  But of course the historical fact is that the
boss was seldom, if ever, the worker's mate.

Corbyn's election campaign is also having something of an effect.  Though,
he would appear to be too radical for many of the soi-disant Labor Leftists.

My explanation for all this is that there is a steady drift to the Left.
This is based first of all as a rejection of austerity economics. There are
also splits emerging within the intelligentsia many of whom are growing
alarmed at the increasing likelihood of another economic crash. Here in
Brisbane a number of capitalists also wrote an open letter to the Labor
State government begging them to spend on infrastructure to "save
Queensland".

But it is the discontent among the people which is for me to the fore and
the thought that as Murdoch puts it, they are becoming "ungovernable".


comradely

Gary
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