How can people dismayed at the unexpected fortification of the Neoliberal Ascendancy feel less stupid? What would a useful intellectual history of the crisis and its aftermath look like?
– Philip Mirowski, Never Let a Serious Crisis Go to Waste
Mirowski reminds us that after the 2007 crash pundits from the Left and Right offered no substantive answers, that each in his own way fulfilled the neoliberal dictum that the “economy was just too complex to understand”.1 In a talk Beyond DenialPhilip Mirowski, Jeremy Walker and Antoinette Abboud argue that at the core of the neoliberal critique of socialism and its view of the economy is that “no human intelligence could ever understand itself, much less the chaos that constitutes its natural environment, to a degree sufficient to plan any part of the economy, because the reason we muster is always less complex than the phenomena we wish to master”.
Mirowski in several…
View original post 2,781 more words