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Now, the big joke is that liberals do.
Both views of the Glorious Post-War Settlement are, of course, equally nostalgic - which is to say, false - but that makes the ironic reversal no less comical. In their version of pushing back the clock, conservatives invented a historical image of the so-called nuclear family to which we would presumably return. They were rightly excoriated for both historical inaccuracy and ignorance of the actual conditions of real families during their so-called Golden Age. Today, we see the same phenomenon, but on the liberal side. Instead of the family, the liberals invent a version of "regulated capitalism" (presumably the high tide of Keynesianism), together with a laughable construction of a robust manufacturing base ("We have to go back to making things!"). Where the conservative view is nostalgic for an invented social world, the liberal view traffics in nostalgia for an invented economic world.
In fact, these views are two sides of the same coin. Just as the conservatives ignore that their invented social world largely excluded minorities, and rested on the brutal psychic and physical exploitation of women, the liberal view ignores the fact that the so-called wresting of a "middle class" through the labor movement and other means was equally dependent on massive exploitation of minorities and women (it's still virtually a truism in American political talk that "blue collar" signifies "white male"), and especially on the relentless exploitation of the Global South (once called the "Third World"). The so-called middle class in America and Europe was an illusion effected by the displacement of exploitation on to others. It's no surprise, then, that the short puff of historical smoke of the Post-War Settlement fades into neo-liberal viciousness precisely at the moment that these others - in post-colonial contexts, as well as through civil rights and activism in the US and Europe - demand an end to exploitation: the very exploitation that allowed a "middle class" to emerge in the first place. (Those who quote Chomsky endlessly on this board often leave out his extensive analysis of the American union movement's collusion with imperial power, especially in Latin America).
The nostalgia of the left and the nostalgia of the right both show up the same tendency: the utter inability to invent new social forms that deal with the specificity of today's conditions of exploitation. Rather than face the present head on, they retreat into Leave it to Beaveresque nonsenses or Keynesian fantasies, the "true joy" that was the Fordist factory, and other pure idiocies. These are both - both - deeply conservative tendencies.
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