Keith Hart on Thu, 17 Aug 2017 10:29:16 +0200 (CEST)


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Re: <nettime> Who said the US is boring?


Thanks, David. 

Believe it or not, I did not plagiarize your post. I missed it and what plagiarist would send his work back to the source where there are so many witnesses? The language parallels belong to the Zeitgeist, I suppose.

I wanted to focus on just one point.This is not a case of a swing back of the state/market post-war pendulum. In any case the money genie is well and truly out of the bottle and where is or should be "the state" if the challenge is the dominance of one-world corporate capitalism? I would like to test the line that market fundamentalism has split into nationalist and globalist variants, both equally dismissive of state-managed economy; but this has opened up a new political terrain where the traditional left now has more scope in national politics than after 2008, for example.

This was my response to Britain's June 8th election. Not that Corbyn is a shoo-in or that Labour can avoid the fate of the French socialists; but that the dead hand of neoliberal inevitability has been temporarily lifted.

Of course Brian's case for the continuing neglect of the forces that rule our world still holds:  the American empire; 2/3 of the 100 biggest economic entities are transnational corporations; global warming; the threat of world war etc. But for the first time in a quarter century, this British expatriate began to hope that Blighty might be moving again, perhaps also elsewhere (I live in France and work in South Africa). Brexit, the Manchester and London killings, the hung election and the Grenfell Tower fire all gave unlikely prominence in political discourse to the "public good"

Keith

On Thu, Aug 17, 2017 at 9:53 AM, David Garcia <d.garcia@new-tactical-research.co.uk> wrote:
As cracks appear in the neo-liberal paradigm and market fundementalism falters (even in the UK Tory party where Brexit flys in the face of what neo-liberal business wants).. we must be wary of seeing “public ownership” as an unalloyed -good-. State (or public) entites can quite easily become self reproducing interest groups, lobbying on behalf of themselves as effectively as any corporation. Anyone who has had to deal regularly with public institutions will know that they do not always serve the best interests of the public. e political crisis. I have tried to boil down my take on that crisis, without yet proposing possible initiatives, which will in any case be contingent and perhaps more local than previously imagined.
 
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