Of course there have been fashion industry targeting councils for short
skirts, colors etc. since the 1880s.   It has nothing to do with demand and
everything to do with supply and M-ad Men.   That is the only way they could
make a living given the costs of things.  Monopoly rules are simplistic with
the world being much more complicated.  

Remember that Jack Abramoff is a child of Hollywood and the only profession
that gives America more exports than it imports.  But the average American
would never tolerate the business practices of Hollywood because they don't
follow the rules of economics in their success at making a profit.   

Even you, Arthur, have made fun of Movie Stars and Athletes salaries.
Although in both cases they are treasures that bring in far more than they
cost.  Perhaps the rules of Economics are really just 18th century culture
propagated by academic types who have little knowledge of what the reality
is out there.   As a result, they are bad at regulation and theory and the
whole system is endangered as a result.   You seem to be blaming the referee
for not doing his job after he took the bribe your profession offered.   

Meanwhile we now have another economist running the Italian economy.
Before that they had a businessman.   Could it be because they are
culturally addicted to authority and have no idea of the meaning of
horizontal structures?   

Worse, they are trapped within one and the poor are the ones who will
suffer.  Just like here. Pity, I really enjoyed the middle and lower classes
of Italy this summer.    I found them very intelligent, cultured and in love
with Joey Soprano although they would never tolerate him at home.   Their
mayors were Socialists and even Communists and the villages were beautiful.
How could that be?   Why didn't they look worse off than Muskogee?      

REH

ARTICLE
http://www.nytimes.com/2011/11/13/opinion/sunday/douthat-the-devil-and-joe-p
aterno.html?ref=opinion


COMMENTS:
http://community.nytimes.com/comments/www.nytimes.com/2011/11/13/opinion/sun
day/douthat-the-devil-and-joe-paterno.html


ARTICLE:
http://www.nytimes.com/2011/11/13/us/jack-abramoff-making-a-multimedia-effor
t-at-redemption.html


COMMENTS:
http://community.nytimes.com/comments/www.nytimes.com/2011/11/13/us/jack-abr
amoff-making-a-multimedia-effort-at-redemption.html


-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Arthur Cordell
Sent: Sunday, November 13, 2011 10:32 AM
To: [email protected]; 'RE-DESIGNING WORK, INCOME DISTRIBUTION,
EDUCATION'
Subject: Re: [Futurework] Why Americans won't do dirty jobs - Business - US
business - Bloomberg Businessweek - msnbc.com

I think that the Chicago school offered up alternate scenarios of the
economy: privatizing water for example.  These scenarios fell on a political
situation that was receptive.  Reagan/Thatcher.  In past times such ideas
would be expressed but falling on an unresponsive polity they gained no
traction.  So it is true that the Chicago school caused changes and problems
but only because, I propose, that the political system accepted it and
championed as an instrument for change and competitiveness.  And there were
lots of cheerleaders who stood to gain from such conservative moves.  And,
finally, lots of passive voters who went along with things.

As to why Reagan/Thatcher dogma and notions took hold at that time is best
left to the historians.  Perhaps society goes through political fads and
fashions as in clothing.  Wide ties one year, narrow the next.  Short skirts
one year, longer the next.  With each cycle there are cheerleaders who
benefit from the change and passive consumers/voters who go along with
things usually by saying or thinking "that's what they are showing this
year....."


arthur

-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Mike Spencer
Sent: Sunday, November 13, 2011 12:13 AM
To: [email protected]
Subject: [Futurework] Re: Why Americans won't do dirty jobs - Business - US
business - Bloomberg Businessweek - msnbc.com


Ed wrote:

> I read Shock Doctrine some years ago and wasn't impressed.  It
> argued essentially, if I recall, that every bad thing that had
> happened in the economic world could be attributed to the teachings
> of the Chicago School.  It seemed more than a little far fetched.

I think it would be more accurate to say that it argued that there has
been a widespread deliberate strategy of exploiting social disasters,
shocks and confusion to seize control of a society's assets and
finances, to entrain anything that might operate in the public
interest for private gain.  And that evangelists for the Chicago
School have been the salient troops in promulgating and implementing
this strategy again and again.

The underlying concept is nothing new.  Someone who would otherwise be
a more or less law-abiding citizen may loot the neighborhood liquor
store once it's been trashed in a riot or a disaster; others less
law-abiding may try to start a riot or a forest fire just so they can
get in on the subsequent looting.  What may seem new (because it's one
of those not to be talked about things) is that (putatively) highly
responsible, respectable people may do that to whole national economic
and public service infrastructures, even to the point of fomenting a
financial or political collapse in order to make it possible.

It is not necessary that *all* such people be high-profile
polemicists for the Chicago School.  If a number of the more prominent
of these miscreants are Friedman colleagues or acolytes and use CS
dogmata to subvert and co-opt public water supplies, public services,
public education or the public good in general, the Chicago School is,
if you're paying attention to what's on the end of your fork,
justifiably going to take a lot of the blame, the moreso to the extent
that such piratical practices are overt doctrine of the School.


FWIW,
- Mike

-- 
Michael Spencer                  Nova Scotia, Canada       .~. 
                                                           /V\ 
[email protected]                                     /( )\
http://home.tallships.ca/mspencer/                        ^^-^^

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