Its not about that Ed.   It's about the patterns of behavior that they
advocate.   I agree that there is a connotative reality to their lives but
we can through study and hard work, understand that connotation through the
art and urban environment they had.   Then we can reach the underlying
denotative abstractions and evaluate whether they make sense or not.
Those are the things that make Art and Law universal as principles.
Knowing that the choice of the pattern is arbitrary and the legacy of the
pattern has consequences should give us all pause.    I submit this from my
half cousin's home town, Muskogee, Oklahoma:

 

July 11, 2010 

Coburn engaging in class warfare

Recently Tom Coburn showed (again) a picture of a little girl from Maryland
named Madeline who was photographed at a tea party protest with a sign that
read "I'm already $38,000 in debt and I only own a dollhouse." This was his
reason for voting to end extending unemployment benefits.

Hey Coburn, when are you gonna stop crying for people in Maryland and do
something to help the people you're supposed to "represent" in this state? I
realize  these tea baggers are your kinda people and all, and if little
Madeline was at a tea party rally, her parents are most  likely well off and
not living paycheck to paycheck like me and a whole lot of others. But
you're engaging in class warfare against the people who have the most to
lose.

That "future generation" you're always crying about?  History tells us that
fascists always use human shields, mostly children, to cower behind as they
commit their despicable acts. And you, Senator, are a fascist of the highest
order.

Where was your concern about running up the debt when you and Inhofe voted
time and again to fund two wars and tax cuts for the wealthy that weren't
the least bit paid for? Now you're playing politics with peoples' lives, and
that makes you a pretty sorry excuse for a human being.  People are hurting,
Coburn, but it's people you don't care about, like the poor.

In closing, let me make a suggestion, how about you open up a business with
your millions you have to put all of us unemployed losers back to work,
because we are getting turned down for simple part time work from being
overqualified?

Really? Overqualified to cook or serve, so we go back to college hoping that
when we earn our degrees, this world will have work, until then we need our
unemployment benefits and more jobs in our great state, can you handle that?
If not I would love to vote for someone who can.

Lisa McMahon

Warner

 

 

From: [email protected]
[mailto:[email protected]] On Behalf Of Ed Weick
Sent: Monday, July 12, 2010 11:35 AM
To: [email protected]
Cc: [email protected]
Subject: [Futurework] More dismal stuff

 

There's been a lot of discussion, too much in fact, on Keynes and Hayek on
the list recently.  I recall reading them, and others like Friedman, a very
very long time ago.  They understood the world from the perspective of their
times, but now they're all dead.  Well Krugman, essentially a Keynesian,
isn't dead, but the kinds of things he keeps saying in his columns, which
I've characterized as "spend, spend, spend", seems out of place too as
belonging to a past era rather than now.

 

What kind of a world do we live in now and how might we think about it?  One
of the greatest differences between the worlds of Keynes and Hayek is the
extent of globalization.  Economic decisions and actions that are now made a
very long distance from us can have a huge effect on our well being.  When
Keynes and Hayek lived, and thought, unemployment in a particular country
was seen as caused by a fall in effective demand in that country or by
market imperfection such as too much monopolization and too little
competition.  I don't think that is the case now.  Many Americans for
example are unemployed because a large chunk has been ripped out of their
economy and shipped off to China.  

 

Another major difference between the world of Keynes and Hayek and our world
is that of the efficiency of the productive process.  Even if production has
or has not been shifted to China and the BRICs, the productive process
employs far fewer people than in would have in Keynes' and Hayek's day. But
because of population growth there are far more people needing work.  Even
the production of an increasing proportion of consumers goods in China has
done little to increase the proportion of the Chinese population that is
employed.  And globally, while the efficiency of production has increased
greatly, so has the proportion of the global population needing employment.
In 1950, global population was approximately 2.5 billion; by 2000 it had
increased to over 6 billion.  And a much larger proportion of global
population lived in cities where they would be less able to fend for
themselves if they did not find jobs.

 

Yet another major difference between our world and that of Keynes and Hayek
is the greatly expanded role of the financial sector, which can play a very
large role in global economic illness or health, as the US subprime mortgage
debacle has demonstrated.  Yes indeed, as James Galbraith argues, catch the
bastards, incarcerate them, apply tough laws, etc., but will that stop them?
Hardly, given the vast number of hiding places that electronic
communications now provide them. 

 

So, let us nod respectfully in the directions of Keynes and Hayek and
earlier economic thinkers like Adam Smith, Jean Baptiste Say, David Ricardo,
etc., but let's not forget that we live in a very different world than they
did.  My greatest fear is that our world of growing population, job
shrinkage, and the growth of nefarious practices could, in a couple of
decades, resemble the world portrayed in Soylent Green, a very classic movie
about a world gone totally out of kilter.

 

Ed

 

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