Re: Keynes the radical

2000-04-26 Thread Rob Schaap

G'day Michael,

Whilst I am wholly aware of JMK's insistence that a fight between the
bourgeoisie and the great unwashed would find him firmly on the side of the
former, I still think there's room for a generous reading of all this.  It
seems, for instance, wholly consistent with the writings of, say, the
Economic and Philosophic Manuscripts, to claim that a person of 'independent
means' (ie one not tied to a boss and the draining work day the latter
extracts) would develop all kinds of personal qualities that simply don't
have the chance to fulfill themselves in a being lashed forever to the yoke.
 

I think, for instance, Habermas's recounting of the significance of French
salons and British tea houses (the 'bourgeois public sphere') is important
stuff.  There, the nascent bourgeoisie articulated and substantiated the
great (bourgeois) revolutionary age.  Humanity was redefined, and human
culture enriched.  From where I sit (poor historically contingent thing that
I am) progress was made - and in giant leaps.  

That JMK and FAK implicitly persisted in some sort of racist classism,
whereby it is not life experience that fashions the human, but the
'nobility' of the parental loins, does not altogether undo the point, I
think.  Marx would have agreed, I reckon, and then politely asked (if he
could manage to control his unpredictable temper) 'what if all humans
enjoyed the positive freedom to fulfill their potential?  Would we not then
have a world even richer in all you value?'.  It would have been hard for
the worthy gents to demur, I submit.  Which is not to say they wouldn't have
- just that even their formidable reasoning (for which they were justly
lauded) might not have been up to covering this instance of narrow and
unreflective bigotry.  They might even have been moved to admit, if
sufficiently in their crystal cups, that their being was determining their
consciousness ...

Cheers,
Rob.

Hayek, F. A. 1952. "Review of Harrod's Life of J. M. Keynes." Journal of
Modern History, 24: 2 (June).
   197: Keynes "had not long before coined the phrase of the
"euthanasia of the rentier," and in a deliberate to draw him
out I k the next opportunity to stress in conversation the
importance which the man of independent means had had in the
English political tradition.  Far from contradicting me, this
made Keynes launch out into a long eulogy of the role played
by the propertied class in which be gave many illustrations
of their indispensability the preservation of a decent
civilization."


--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]





Re: Keynes the radical

2000-04-26 Thread Doug Henwood

Michael Perelman wrote:

Hayek, F. A. 1952. "Review of Harrod's Life of J. M. Keynes." Journal of
Modern History, 24: 2 (June).
197: Keynes "had not long before coined the phrase of the
 "euthanasia of the rentier," and in a deliberate to draw him
 out I k the next opportunity to stress in conversation the
 importance which the man of independent means had had in the
 English political tradition.  Far from contradicting me, this
 made Keynes launch out into a long eulogy of the role played
 by the propertied class in which be gave many illustrations
 of their indispensability the preservation of a decent
civilization."

"We were not aware that civilisation was a thin and precarious crust 
erected by the personality and will of a very few, and only 
maintained by rules and conventions skilfully put across and 
guilefully preserved. We had no respect for traditional wisdom or the 
restraints of custom. We lacked reverence..." - JMK, "My Early 
Beliefs"

"How can I accept a doctrine [Marxism] which sets up as its 
bible...an obsolete economic textbook which I know to be not only 
scientifically erroneous but without interest or application for the 
modern world? How can I adopt a creed which, preferring the mud to 
the fish, exalts the boorish proletariat above the bourgeois and the 
intelligentsia who, with whatever faults, are the quality in life and 
surely carry the seeds of all human advancement? Even if we need a 
religion how can we find it in the turbid rubbish of the Red 
bookshops? It is hard for an educated, decent, intelligent son of 
western Europe to find his ideals here, unless he has first suffered 
some strange and horrid process of conversion which has changed all 
his values." - JMK, CW IX, p. 258.

Doug




Re: Re: Keynes the radical

2000-04-26 Thread William S. Lear

On Wednesday, April 26, 2000 at 12:54:36 (-0400) Doug Henwood writes:
Michael Perelman wrote:

Hayek, F. A. 1952. "Review of Harrod's Life of J. M. Keynes." Journal of
Modern History, 24: 2 (June).
197: Keynes "had not long before coined the phrase of the
 "euthanasia of the rentier," and in a deliberate to draw him
 out I k the next opportunity to stress in conversation the
 importance which the man of independent means had had in the
 English political tradition.  Far from contradicting me, this
 made Keynes launch out into a long eulogy of the role played
 by the propertied class in which be gave many illustrations
 of their indispensability the preservation of a decent
civilization."

"We were not aware that civilisation was a thin and precarious crust 
erected by the personality and will of a very few, and only 
maintained by rules and conventions skilfully put across and 
guilefully preserved. We had no respect for traditional wisdom or the 
restraints of custom. We lacked reverence..." - JMK, "My Early 
Beliefs"

"How can I accept a doctrine [Marxism] which sets up as its 
bible...an obsolete economic textbook which I know to be not only 
scientifically erroneous but without interest or application for the 
modern world? How can I adopt a creed which, preferring the mud to 
the fish, exalts the boorish proletariat above the bourgeois and the 
intelligentsia who, with whatever faults, are the quality in life and 
surely carry the seeds of all human advancement? Even if we need a 
religion how can we find it in the turbid rubbish of the Red 
bookshops? It is hard for an educated, decent, intelligent son of 
western Europe to find his ideals here, unless he has first suffered 
some strange and horrid process of conversion which has changed all 
his values." - JMK, CW IX, p. 258.


 Here there is one thing we shall be the last to deny: he who
 knows these "good men" only as enemies knows only *evil enemies*,
 and the same men who are held so sternly in check *inter pares*
 by custom, respect, usage, gratitude, and even more by mutual
 suspicion and jealousy, and who on the other hand in their
 relations with one another show themselves so resourceful in
 consideration, self-control, delicacy, loyalty, pride, and
 friendship --- once they go outside, where the strange, the
 *stranger* is found, they are not much better than uncaged beasts
 of prey. There they savor a freedom from all social constraints,
 they compensate themselves in the wilderness for the tension
 engendered by protracted confinement and enclosure within the
 peace of society, they go *back* to the innocent conscience of
 the beast of prey, as triumphant monsters who perhaps emerge from
 a disgusting procession of murder, arson, rape, and torture,
 exhilarated and undisturbed of soul, as if it were no more than a
 student's prank, convinced they have provided the poets with a
 lot more material for song and praise. One cannot fail to see at
 the bottom of all these noble races the beast of prey, the
 splendid *blond beast* prowling about avidly in search of spoil
 and victory; this hidden core needs to erupt from time to time,
 the animal has to get out again and go back to the wilderness:
 the Roman, Arabian, Germanic, Japanese nobility, the Homeric
 heroes, the Scandinavian Vikings --- they all shared this need.

 ---Nietzsche,  "On  the  Genealogy  of  Morals,"  First  Essay,
 Section 11, in *On the Genealogy of Morals and Ecce Homo*,
 Walter Kaufman, ed., pp. 40-41.


Bill




Re: Re: Keynes the radical

2000-04-26 Thread Ted Winslow

Doug Henwood quoted Keynes as follows:

 
 "We were not aware that civilisation was a thin and precarious crust
 erected by the personality and will of a very few, and only
 maintained by rules and conventions skilfully put across and
 guilefully preserved. We had no respect for traditional wisdom or the
 restraints of custom. We lacked reverence..." - JMK, "My Early
 Beliefs"
 
 "How can I accept a doctrine [Marxism] which sets up as its
 bible...an obsolete economic textbook which I know to be not only
 scientifically erroneous but without interest or application for the
 modern world? How can I adopt a creed which, preferring the mud to
 the fish, exalts the boorish proletariat above the bourgeois and the
 intelligentsia who, with whatever faults, are the quality in life and
 surely carry the seeds of all human advancement? Even if we need a
 religion how can we find it in the turbid rubbish of the Red
 bookshops? It is hard for an educated, decent, intelligent son of
 western Europe to find his ideals here, unless he has first suffered
 some strange and horrid process of conversion which has changed all
 his values." - JMK, CW IX, p. 258.
 

These passages point to the real basis of the difference between Keynes and
Marx.

As I've tried to show in previous posts, Keynes's view of the ideal republic
was very close to Marx's (among other reasons, because it was rooted in a
complex way in the same philosophic tradition).  "The republic of my
imagination," he once said, "lies on the extreme left of celestial space."
Collected Writings (CW) IX, p. 309

He was not, however, much of a reader of Marx (and when he did read him, he
did not read with good will).   Marshall, in fact, was a much more astute
reader of Marx than Keynes.

Keynes had two central objections to what he took to be Marx's idea of how
the ideal could be made actual.

One was rooted in his "dialectical" view of interdependence.  Where
interdependence is dialectical, i.e. where relations are "internal", it will
not be possible to reach reasonable conclusions about long run consequences
including about the long run consequences of radical changes in existing
arrangements.  The only thing we can know for certain about the long-run is
that in it we are all dead.  This (from as early as a 1904 undergraduate
essay on the topic) was one aspect of what he took to be the defensible in
Burke's conservatism.

Perhaps he was wrong about this.  It may be possible rationally to justify
"faith in the Big One".  Many accounts of the ultimate crisis and its
consequences read, however, like the Book of Revelation.

On the other hand and as Doug's quotations show, he thought the working
class was innately incapable of the kind of development required for life in
the ideal republic.  They were, therefore, incapable of playing the role of
the "universal class".  Also, this limitation made the republic of the
imagination impracticable even in the very long run.

Here it is Keynes who is being insufficiently dialectical.  He ignores the
possibility that developed capacities are the outcome of fetters present in
existing social relations.  Until the end of his life, he uncritically held
that "chromosomes" were the main determinant of an individual's capacity for
development to universality.

As I also pointed out before, Marx (e.g. in the passage from The Holy
Family) locates the capacity of the members of the working class to become
the universal class in the developmental possibilities inherent in their
location within the internal social relations that define capitalism.

The inexorable operation of the law of value will, in the long run, both
produce conditions of extreme alienation for the members of the working
class and create in them the capacity to become the architects and makers of
a new society from which the ultimate fetters to universal development have
been removed.  

He nowhere explains, however, how the premise that "in the fully-formed
proletariat the abstraction of all humanity, even of the semblance of
humanity, is practically complete" is consistent with the conclusion that
the fully-formed proletariat will also have developed the degree of rational
self-consciousness required for it to play the role of the "universal
class".

Keynes, by the way, frequently points to Hayek's arguments as extreme
examples of "Bedlamite economics", i.e. of the Ricardian vice.   For
instance, he says of Hayek's book *Prices and Production* that

"The book, as it stands, seems to me to be one of the most frightful muddles
I have ever read, with scarcely a sound proposition in it beginning with
page 45, and yet it remains a book of some interest which is likely to leave
its mark on the mind of the reader.  It is an extraordinary example of how,
starting with a mistake, a remorseless logician can end up in Bedlam."
(XII, p. 252)

The debate as to whether a super calculating machine can solve the Bedlamite
problem as well as individual calculating machines 

Re: Keynes the radical (fwd)

2000-04-26 Thread md7148


I think, for instance, Habermas's recounting of the significance of
French
salons and British tea houses (the 'bourgeois public sphere') is
important
stuff.  There, the nascent bourgeoisie articulated and substantiated the
great (bourgeois) revolutionary age.  Humanity was redefined, and human
culture enriched.  From where I sit (poor historically contingent thing
that
I am) progress was made - and in giant leaps.  

In so far as the "bourgeois public sphere" is concerned, I would not
simply disregard Habermas's early work too (which was his doctoral thesis
btw). It is a profound historical inquiry into the categories of early
bourgeois culture and modernity. Very many social details and sociological
sensitivity. In my view, the importance of the work rather comes from its
critical encounter with Weber and Frankfurt School's collapsing of
rationality to instrumental rationality or the rationality of capitalism.
Implicit in Habermas's theory is the possibility of rationalities other
than instrumental reason (means-ends). Accordingly, he
historicizes this possibility (as a counter-narrative reading of history)
in this work, and then later develops as "communicative rationality in his
recent works.

The problem with the work lies in its "bourgeois idealism". This critique
came from Gramscian historians studying the public sphere within the
framework of sub-altern studies (See Geoff Elley, Mary Ryan, etc).By
idealizing the revolutionary role of the bourgeoisie in sociological
terms, Habermas disregards the public spheres other than the bourgeois
public sphere (working class, women, peasent, etc..).there is no
dicussion of marginalized publics in his work. Their voices are unheard.
Actually,Habermas has encountered these critics recently..This is another
discussion though..


Mine Doyran
SUNY/Albany




Re: Re: Keynes the radical

2000-04-26 Thread Michael Perelman

Subject:
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Rob Schaap wrote:

 G'day Michael,

 Whilst I am wholly aware of JMK's insistence that a fight between the
 bourgeoisie and the great unwashed would find him firmly on the side of the
 former, I still think there's room for a generous reading of all this.  It
 seems, for instance, wholly consistent with the writings of, say, the
 Economic and Philosophic Manuscripts, to claim that a person of 'independent
 means' (ie one not tied to a boss and the draining work day the latter
 extracts) would develop all kinds of personal qualities that simply don't
 have the chance to fulfill themselves in a being lashed forever to the yoke.


 I think, for instance, Habermas's recounting of the significance of French
 salons and British tea houses (the 'bourgeois public sphere') is important
 stuff.  There, the nascent bourgeoisie articulated and substantiated the
 great (bourgeois) revolutionary age.  Humanity was redefined, and human
 culture enriched.  From where I sit (poor historically contingent thing that
 I am) progress was made - and in giant leaps.

 That JMK and FAK implicitly persisted in some sort of racist classism,
 whereby it is not life experience that fashions the human, but the
 'nobility' of the parental loins, does not altogether undo the point, I
 think.  Marx would have agreed, I reckon, and then politely asked (if he
 could manage to control his unpredictable temper) 'what if all humans
 enjoyed the positive freedom to fulfill their 

Re: Keynes the radical

2000-04-26 Thread Charles Brown


 Doug Henwood [EMAIL PROTECTED] 04/26/00 12:54PM "How can I accept a doctrine 
[Marxism] which sets up as its 
bible...an obsolete economic textbook which I know to be not only 
scientifically erroneous but without interest or application for the 
modern world? How can I adopt a creed which, preferring the mud to 
the fish, exalts the boorish proletariat above the bourgeois and the 
intelligentsia who, with whatever faults, are the quality in life and 
surely carry the seeds of all human advancement? Even if we need a 
religion how can we find it in the turbid rubbish of the Red 
bookshops? It is hard for an educated, decent, intelligent son of 
western Europe to find his ideals here, unless he has first suffered 
some strange and horrid process of conversion which has changed all 
his values." - JMK, CW IX, p. 258.

(

CB: Is that "turbid" or "turgid" ?