On Neoclassical Imperialism (re. Hudson's "Killing The Host")
... The basic view of neoclassical thought is that we must allow for the most markets possible in the world. To this extent, we see neoclassical politicians support privatizing infrastructure, busting unions, and monetizing all aspects of human relations possible. Perhaps it bears mentioning here that the basis of the neoclassical economic thought are John Nash’s game theory equations, a set of mathematical formulas that fail to take into account the basic elements of economics (value, profits, supply and demand, competition, regulatory oversight, et cetera) and therefore are premised on a utopian notion of post-capitalist society. This integration of the game theory equations into the underlying structure of political economy forever altered the nature of capitalism, making it different than the Gilded Age and Victorian systems that Marx and Lenin wrote about. Prior to this integration of game theory, the study of economics did include math but in a way that was typical of social sciences like sociology or anthropology. The inclusion of game theory in the economics discipline forever changed its orientation towards a paradigm that would be akin to any mathematical discipline, failing to account for the humanitarian elements that would be normally be required of such analysis. As a result, neoclassical economics is an imperial project where the search for markets becomes internationalized and is done on the behalf of the 1%.
However, due to the intentions of the 1%, this post-capitalist society would not be a socialist or pure communist one, it would be a neo-feudal rentier economy. As such, we find ourselves in a situation where class warfare is not a fight for traditional leftist goals of socialism as much as preventing a step backwards into feudalism, at which point we see as potential allies the Libertarian movement’s center and left wings. Hudson is very clear about this in his book, making it all the more vital to read.
However, because neoclassical politicians in the Democratic Party (neoliberals) and the Republican Party (neoconservatives) do not believe in truly free markets and instead create these markets only to benefits a select group of financiers on Wall Street, we are discussing an imperial project with a new form of aristocracy, made up of 1% of the human population. Neocons believe that the way to build the most markets possible is by attacking the Levant directly, beginning with Palestine and culminating with conquest of Iran. Neoliberals prefer a northern approach, attacking Russia through sanctions and military encirclement before going south into China and the Levant...
... Americans specifically must destroy this 1% by nationalizing the banking system and removing the income cap on Social Security that allows for such accumulations of wealth while instituting a progressive tax on all corporations like Apple and individuals like Mitt Romney that utilize foreign tax shelters and offshore bank accounts. This is the nature of genuine solidarity with any resistance movement in the postcolonial world today and not a delusional imitation of the paradigm created in the Spanish Civil War. We must, as Marx and Engels said, expropriate the expropriators, yet we must recognize that the expropriators are just the select 1% of the population and not anyone else. If we mean to create solidarity, we must do so through the generation of a source of capital that is autonomous from Wall Street...
http://www.counterpunch.org/2016/09/16/86748/
= new reply since forum marked as read
