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Old 07-02-2004, 08:19 AM   #218 (permalink)
roachboy
 
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on more thing: on the relative irrationality of the state:

hayek, one of the fathers of neo-con economics, agured that the problem for a firm/organization was concentration or monopoly---and organization became irrational when its dominance over a situation eliminated feedback loops---now since the state is involved not in a market but in the administration of social problems (from infrastructure to military to welfare to parks and so on) the feedback loops required for minimum coherence could be seen as public pressure---therefore the more irrational elements of the state would probably be those more removed from feedback loops--so you would expect the mosty irrational sectors of the state to be the most secret--which would point toward probably the military or the cia--how about that--think of bushwar.
the right cannot follow its own argument this far, so resorts to a kind of crackhead pedantry when it comes to thinking about markets, and in this one case they restrict the meaning of markets to the literal level (in other cases, the same politicos like the idea of thinking about genetics on a market model, so go figure....)

on the other hand, monopoly in a market situation (following hayek still) creates chaos because (1) they **are** involved in markets, concentration makes price from an index of internal performance to an index of internal politics---whihc would mean tht monopolies are necessarily irrational, and for the same reason that you might argue that the cia or military would be, if you follow the above. so you would think that conservatives would oppose concentration of economic power, oppose monopolies---that they would say oppose concentration of media ownership, oppose microsoft.

but its not like that. that would require a critical posture toward captial accumulation. at best, you get bromides about how microsoft is a result of the hard work of a heroic individual and about how microsofts monopoly practices are being challenged as a symptom of the states resentment of success---all of which is completely insane.

if the right followed its own economic theory, you should see them arguing for a radical opening up of the military to public scrutiny, a dismantling or radical transofrmation of the cia, against monopoly, for regulative practices that prevent excess concentration....
curious, aint it?
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