He may have been making a sly pun. "New Labour" was obsessively antagonistic toward "the theory of the Lump of Labour" and tacit embrace of Say's Law, as exemplified in Richard Layard et al's insistence on removing labour market rigidities. Even the head of the T.U.C. made a point of denouncing the alleged fallacy. Unemployment? Not a problem -- just augment the SUPPLY of labour and that supply will create its own demand!
Right-wing populism feeds on the anti-immigrant backlash fomented by neoliberal trade and immigration policies. In my view the real "lumpens" are the neoliberal New Labourite economists like Layard and Jonathan Portes who have magisterial disdain for people whose everyday experience doesn't conform to economic textbook theory. On Sat, Nov 22, 2014 at 7:39 AM, Eugene Coyle <[email protected]> wrote: > Did he mean "lumpen" labor voters? > > On Nov 21, 2014, at 10:06 PM, Tom Walker <[email protected]> wrote: > > > > > Collapse in Labour and Liberal Democrat support handed Ukip its second > MP, Nigel Farage says. The Ukip leader says his party picked up > 'Conservative voters and a lump of Labour voters'. > > > > > > > > On Fri, Nov 21, 2014 at 8:21 PM, Eubulides <[email protected]> > wrote: > > On 11/21/14 4:22 PM, Eugene Coyle wrote: > > > > > Carrol, > > > I recognize that you have been for reduced hours. > > > People approach Pen-l from two perspectives: the politics of a policy > and how it might come into use, and the analytics behind a policy and > whether the policy make sense. > > > (There is a third perspective, to dismiss policy ideas from the stance > of a hipster or a cynic. These people damage the List.) > > > > ======== > > > > There are 4th and 5th perspective[s] and more, proliferatively a la > Keynes: > > > > The ability to dismiss policy ideas because the analytics used to > > justify/explain the policy are found wanting. To hand waive the issue > > away as cynicism is itself cynicism, possibly the very stuff of the > > politics in dispute. > > > > Not into damage, but thinking pluralistically. > > > > Reducing hours is one *good* idea. We need many more, no? > > > > E. > > _______________________________________________ > > pen-l mailing list > > [email protected] > > https://lists.csuchico.edu/mailman/listinfo/pen-l > > > > > > > > -- > > Cheers, > > > > Tom Walker (Sandwichman) > > _______________________________________________ > > pen-l mailing list > > [email protected] > > https://lists.csuchico.edu/mailman/listinfo/pen-l > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Cheers, Tom Walker (Sandwichman)
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