Viewing posts tagged hayek

Fromm Frankfurt With Love (Part 2)

Part 1 can be found here.

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The religious world is but the reflex of the real world. And for a society based upon the production of commodities, in which the producers in general enter into social relations with one another by treating their products as commodities and values, whereby they reduce their individual private labour to the standard of homogeneous human labour – for such a society, Christianity with its cultus of abstract man, more especially in its bourgeois developments, Protestantism, Deism, &c., is the most fitting form of religion.

– Marx, Capital vol.1, Chapter 1, Section 4

It is an historical irony that, though they today seem to embody a view of life dear to the moralistic Right, the Puritans were the ‘Left’ in the great political debates of the era of the European transition from feudalism to capitalism.  But, while ironic, this is hardly accidental.  They were expressing the views and imperatives of the rising class of bourgeois, this class being both product and inheritor of what is now the capitalist system.  This is, of course, the very market system the Austrians (and those like them, because they are by no means as distinct as they ...

Chill Out, Hayek! - Part 2

Part One here.

Also, don't forget you can now buy Phil's new book Neoreaction a Basilsik (featuring a chapter I contributed to) on Kindle and in dead tree format (Amazon US, Amazon UK).  It's a more enjoyable read than Hayek.  Fucking trust me on this.

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Hayek’s position on Chile, and on reactionary authoritarianism generally, is the dollfussian logic of Mises working itself out, i.e. the Left makes a kind of temporary recuperative fascism necessary.  Mises developed this view when collaborating with the anti-Nazi and anti-Communist 'Austro-fascist' Dollfuss.

None of the assumptions are especially non-mainstream – which tells us something terrifying about the mainstream – but Hayek synthesises them, accepts their implications in a principled (yes, in his own vile way he is principled) and non-opportunistic way, and takes them to their logical conclusions.  If liberty is threatened by democracy leading to socialism leading to totalitarianism (Nazism being socialism too according to Dollfuss and Mises et al – another argument we still live with) then you need authoritarianism to quash democracy when it goes too far.  We’ve already seen Hayek adapting the ideas of (ironically) Carl Schmitt to this end.  And Hayek is employing ...

Chill Out, Hayek! - Part 1

In The Reactionary Mind, Corey Robin claimed - drawing on Naomi Klein and Greg Grandin – that Hayek “admired Pinochet’s Chile so much that he decided to hold a meeting of his Mont Pelerin Society in Viña del Mar”, the seaside resort in Chile where General Pinochet’s CIA-assisted military coup against the democratically elected left-wing government of Salvador Allende was planned.  This claim was denounced on Twitter as “made up” by none other than ‘@FriedrichHayek’ himself!  (Probably just a fan rather than the man himself resurrected and tweeting… as usual, Hayek’s admirers simply deny his complicity with the Chilean junta, when they can’t get away with just neglecting to mention it.  As Robin discovered, they have lots of excuses - he was an old man at the time, etc - all of which turn out to be so much bad faith when you look at them.)  Checking, Robin discovered that it is more accurate to say that Hayek attended the meeting where the decision to hold the MPS’s 1981 conference in Viña del Mar was made and, at least, did not oppose it.  His position in the Society was still prestigious enough that, at the very least, an objection from him ...

Oh Schmitt, Hayek!

Okay, so Phil is now editing the full text of the Austrians essay for Neoreaction a Basilisk, but you can read the whole thing ‘as I left it’ (so to speak) at my Patreon in return for a monthly donation of just one measly dollar, thus proving that labour isn’t the source of value. 

Meanwhile, I will continue to post sections here which were cut from the essay for length reasons.  My Patreon sponsors will get those at least a week before they’re made public.  For instance, next week’s public post will go up at my Patreon - for patrons only - later today (probably).  My patrons will also hopefully get early access to podcasts before they go up.  Daniel and I just recorded a WWA Footnote cum Shabcast (Wrong with Shabthority?) on our mutual researches into the Right.  That’ll be along soonest.  We also have three other podcasts in the works, including a WWA Footnote featuring all four of us talking about the Trumpaversary. 

By the way, I want to publicly thank those patrons of mine who stuck by me during a long period when I was finishing the Austrians piece by racing to turn huge piles of notes ...

By 'Eck, Hayek!

The early Austrian School was actually subject to a split.  It stemmed from the first wave of the followers of its founder Carl Menger.  Mengerians Friedrich von Wieser and Eugen von Philippovich were both a bit like Fabian socialists in their outlooks.  Wieser, for instance, seems to have believed that marginal utility (the radically subjective basis of modern mainstream economics) provided a theoretical foundation for progressive taxation.  But Wieser’s brother-in-law and fellow teacher, Eugen von Böhm-Bawerk, was of the classical liberal tradition.  Böhm-Bawerk was a strident anti-Marxist who developed many of his own theories - which became foundational to the subsequent Austrian School - in the course of his criticisms of Marx.  Böhm-Bawerk is still routinely credited by some with having demolished Marx… which he accomplished by systematically misreading, misunderstanding, and misrepresenting him.

The split was transmitted.  Böhm-Bawerk was Mises’ teacher, and Mises became fanatical in his rejection of state intervention (except when he wasn’t… it’s complicated).  Wieser was Hayek’s teacher, and Hayek is still thought by some hardliners to have been almost a socialist owing to his ability to countenance some welfare measures.  Hayek also believed a state was necessary… which makes him a cuck by anarcho-capitalist standards.  In Ancaptopia, law ...

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