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globa[chat]ion

ronyaronya Arrrrrf.the ivory tower's basementRegistered User regular
John-Maynard-Keynes-650.jpg
But the point for my present discussion is this. We each have our own fancy. Not believing that we are saved already, we each should like to have a try at working out our own salvation. We do not wish, therefore, to be at the mercy of world forces working out, or trying to work out, some uniform equilibrium according to the ideal principles, if they can be called such, of laissez-faire capitalism. There are still those who cling to the old ideas, but in no country of the world to-day can they be reckoned as a serious force. We wish--for the time at least and so long as the present transitional, experimental phase endures--to be our own masters, and to be as free as we can make ourselves from the interferences of the outside world.

...

I see three outstanding dangers in economic nationalism and in the movements towards national self-sufficiency, imperilling their success.

The first is Silliness--the silliness of the doctrinaire. It is nothing strange to discover this in movements which have passed somewhat suddenly from the phase of midnight high-flown talk into the field of action. We do not distinguish, at first, between the color of the rhetoric with which we have won a people's assent and the dull substance of the truth of our message. There is nothing insincere in the transition. Words ought to be a little wild--for they are the assault of thoughts upon the unthinking. But when the seats of power and authority have been attained, there should be no more poetic license.

We have, therefore, to count the cost down to the penny which our rhetoric has despised. An experimental society has need to be far more efficient than an old-established one, if it is to survive safely. It will need all its economic margin for its own proper purposes, and can afford to give nothing away to soft-headedness or doctrinaire impracticability. When a doctrinaire proceeds to action, he must, so to speak, forget his doctrine. For those who in action remember the letter will probably lose what they are seeking.

The second danger--and a worse danger than silliness--is Haste. Paul Valery's aphorism is worth quoting: "Political conflicts distort and disturb the people's sense of distinction between matters of importance and matters of urgency." The economic transition of a society is a thing to be accomplished slowly. What I have been discussing is not a sudden revolution, but the direction of secular trend. We have a fearful example in Russia to-day of the evils of insane and unnecessary haste. The sacrifices and losses of transition will be vastly greater if the pace is forced. I do not believe in the inevitability of gradualness, but I do believe in gradualness. This is, above all, true of a transition towards greater national self-sufficiency and a planned domestic economy. For it is of the nature of economic processes to be rooted in time. A rapid transition will involve so much pure destruction of wealth that the new state of affairs will be, at first, far worse than the old; and the
grand experiment will be discredited. For men judge remorselessly by results, and by early results, too.

The third risk, and the worst risk of all three, is Intolerance and the stifling of instructed criticism. The new movements have usually come into power through a phase of violence or quasi-violence. They have not convinced their opponents; they have downed them. It is the modern method--but very disastrous, I am still old-fashioned enough to believe--to depend on propaganda and to seize the organs of opinion; it is thought to be clever and useful to fossilize thought and to use all the forces of authority to paralyze the play of mind on mind. For those who have found it necessary to employ all methods whatever to attain power, it is a serious temptation to continue to use for the task of construction the same dangerous tools which wrought the preliminary housebreaking.

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Posts

  • ronyaronya Arrrrrf. the ivory tower's basementRegistered User regular
    You don't see this kind of rhetoric in economics any more! Even though the logic still resonates. We just call it Rodrik's policy trilemma these days.

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  • TehSlothTehSloth Hit Or Miss I Guess They Never Miss, HuhRegistered User regular
    That's a pretty nice mustache.

    FC: 1993-7778-8872 PSN: TehSloth Xbox: SlothTeh
    twitch.tv/tehsloth
  • HamurabiHamurabi MiamiRegistered User regular
    @Econodog is slowest dog.

  • DelmainDelmain Registered User regular
    Wait, what?

  • surrealitychecksurrealitycheck lonely, but not unloved dreaming of faulty keys and latchesRegistered User regular
    i made ronya do keynes chat

    3fpohw4n01yj.png
  • emnmnmeemnmnme Registered User regular
    I could waste time reading that whole OP or I could EXPLOSIONS!

    tumblr_mdujyvE0jK1rnx3zuo1_500.png

  • ronyaronya Arrrrrf. the ivory tower's basementRegistered User regular
    Delmain wrote: »
    Wait, what?

    the Depression completely collapsed the globalization of Edwardian era. The world has never returned to that level, even today. Keynes is suggesting the political forces underpinning why, in a 1933 essay.

    aRkpc.gif
  • HamurabiHamurabi MiamiRegistered User regular
    That Richard Dawkins tweet basically encapsulates everything wrong with superficial, kneejerk anti-religion Atheism.

    Yes, the Middle East is less developed than the West solely because of Islam. Yes, fundamentalist Islam is representative of all Islam. Yes, Religion is definitely distinct and easily separable from Everything Else.

    And now I'm all worked up and can't go to sleep.

  • DelmainDelmain Registered User regular
    edited August 2013
    ronya wrote: »
    Delmain wrote: »
    Wait, what?

    the Depression completely collapsed the globalization of Edwardian era. The world has never returned to that level, even today. Keynes is suggesting the political forces underpinning why, in a 1933 essay.

    Oh ok, cool.

    Should I make next chat about Electrical Engineering @Irond Will (maybe @Abdhyius)

    Delmain on
  • ronyaronya Arrrrrf. the ivory tower's basementRegistered User regular
    Hamurabi wrote: »
    That Richard Dawkins tweet basically encapsulates everything wrong with superficial, kneejerk anti-religion Atheism.

    Yes, the Middle East is less developed than the West solely because of Islam. Yes, fundamentalist Islam is representative of all Islam. Yes, Religion is definitely distinct and easily separable from Everything Else.

    And now I'm all worked up and can't go to sleep.

    you know the joke, the worst enemy of the heretic is a heretic of another sect? the target of that quote are the pro-compromise atheists

    aRkpc.gif
  • HamurabiHamurabi MiamiRegistered User regular
    ronya wrote: »
    You don't see this kind of rhetoric in economics any more! Even though the logic still resonates. We just call it Rodrik's policy trilemma these days.

    "When did economics become all about the numbers, man? When did it stop being about the music??"

  • simonwolfsimonwolf i can feel a difference today, a differenceRegistered User regular
    Next chat should be Icelandic anarchy chat

    no mods, no masters

    only chat

  • DelmainDelmain Registered User regular
    simonwolf wrote: »
    Next chat should be Icelandic anarchy chat

    no mods, no masters

    only chat

    There is no escaping Geth.

    AI is eternal.

  • KalkinoKalkino Buttons Londres Registered User regular
    Are there any pictures of how Keynes might look if he was a fluffy kitten or pug pup?

    Freedom for the Northern Isles!
  • BethrynBethryn Unhappiness is Mandatory Registered User regular
    Abolish boobs.

    ...and of course, as always, Kill Hitler.
  • AbdhyiusAbdhyius Registered User regular
    Delmain wrote: »
    ronya wrote: »
    Delmain wrote: »
    Wait, what?

    the Depression completely collapsed the globalization of Edwardian era. The world has never returned to that level, even today. Keynes is suggesting the political forces underpinning why, in a 1933 essay.

    Oh ok, cool.

    Should I make next chat about Electrical Engineering @Irond Will (maybe Abdhyius)

    yes

    (mechanical engineering. Electricity is mostly magic to me.)

    ftOqU21.png
  • simonwolfsimonwolf i can feel a difference today, a differenceRegistered User regular
    Delmain wrote: »
    simonwolf wrote: »
    Next chat should be Icelandic anarchy chat

    no mods, no masters

    only chat

    There is no escaping Geth.

    AI is eternal.

    Hobbes wins again, the bastard

  • AbdhyiusAbdhyius Registered User regular
    there's nothing wrong with anti-religion atheism except all the anti-religious atheists

    ftOqU21.png
  • DelmainDelmain Registered User regular
    Abdhyius wrote: »
    Delmain wrote: »
    ronya wrote: »
    Delmain wrote: »
    Wait, what?

    the Depression completely collapsed the globalization of Edwardian era. The world has never returned to that level, even today. Keynes is suggesting the political forces underpinning why, in a 1933 essay.

    Oh ok, cool.

    Should I make next chat about Electrical Engineering "Irond Will" (maybe Abdhyius)

    yes

    (mechanical engineering. Electricity is mostly magic to me.)

    I don't know enough about mechanical engineering that's beyond what any engineer learns.

    Computer Engineers stop doing physical things at Dynamics and Thermo-Fluids

  • HamurabiHamurabi MiamiRegistered User regular
    Oh, @ronya before I forget.

    I was listening to A Thing about Abenomics -- about how Japanese women basically all drop out of the labor force when they get preggers -- and they Christened a new term.

    "Womanomics."

    The hits just keep on comin'.

  • AbdhyiusAbdhyius Registered User regular
    Delmain wrote: »
    Abdhyius wrote: »
    Delmain wrote: »
    ronya wrote: »
    Delmain wrote: »
    Wait, what?

    the Depression completely collapsed the globalization of Edwardian era. The world has never returned to that level, even today. Keynes is suggesting the political forces underpinning why, in a 1933 essay.

    Oh ok, cool.

    Should I make next chat about Electrical Engineering "Irond Will" (maybe Abdhyius)

    yes

    (mechanical engineering. Electricity is mostly magic to me.)

    I don't know enough about mechanical engineering that's beyond what any engineer learns.

    Computer Engineers stop doing physical things at Dynamics and Thermo-Fluids

    well I don't know even that yet. But I've only been doing this for a year.

    ftOqU21.png
  • AbdhyiusAbdhyius Registered User regular
    I can make a mean technical drawing in autocad, I guess

    ftOqU21.png
  • Mojo_JojoMojo_Jojo We are only now beginning to understand the full power and ramifications of sexual intercourse Registered User regular
    Electronics is all magic.

    Homogeneous distribution of your varieties of amuse-gueule
  • DelmainDelmain Registered User regular
    I haven't used any CAD stuff in so long...

    Unless you count Multisim.

  • HamurabiHamurabi MiamiRegistered User regular
    Abdhyius wrote: »
    Delmain wrote: »
    Abdhyius wrote: »
    Delmain wrote: »
    ronya wrote: »
    Delmain wrote: »
    Wait, what?

    the Depression completely collapsed the globalization of Edwardian era. The world has never returned to that level, even today. Keynes is suggesting the political forces underpinning why, in a 1933 essay.

    Oh ok, cool.

    Should I make next chat about Electrical Engineering "Irond Will" (maybe Abdhyius)

    yes

    (mechanical engineering. Electricity is mostly magic to me.)

    I don't know enough about mechanical engineering that's beyond what any engineer learns.

    Computer Engineers stop doing physical things at Dynamics and Thermo-Fluids

    well I don't know even that yet. But I've only been doing this for a year.

    Abd in six months' time:

    8078068925

  • simonwolfsimonwolf i can feel a difference today, a differenceRegistered User regular
    Mojo_Jojo wrote: »
    Electronics is all magic.

    I think that's already the title of the science-oriented My Little Pony spinoff

  • DelmainDelmain Registered User regular
    8078068925_098eec2280_o_d.jpg

  • RMS OceanicRMS Oceanic Registered User regular
    Discovering your home town has Town Portal feels good man.

  • AbdhyiusAbdhyius Registered User regular
    the organization for hotel and restaurants want to disallow cash payments, to kill the reputation the business has for operating black, as we say. Since it would be harder to not register things properly.

    ftOqU21.png
  • HamurabiHamurabi MiamiRegistered User regular
    Stupid iOS and mobile versions of sites not making it intuitive to Copy Image Location.

  • nexuscrawlernexuscrawler Registered User regular
    my neighbor has a dog that looks jsut like ronya

  • surrealitychecksurrealitycheck lonely, but not unloved dreaming of faulty keys and latchesRegistered User regular
    Bethryn wrote: »
    Abolish boobs.

    n

    3fpohw4n01yj.png
  • descdesc Goretexing to death Registered User regular
    A+ op

    Would be educated again

  • DelmainDelmain Registered User regular
    Bethryn wrote: »
    Abolish boobs.

    n

    I should be able to agree more than once.

  • ZephiranZephiran Registered User regular
    Alright and in this next scene all the animals have AIDS.

    I got a little excited when I saw your ship.
  • AbdhyiusAbdhyius Registered User regular
    no interesting news today. Have a picture from a boring article.

    B3hmUf9roE4Hy-_kvgZBtQ3v_czbvfxX-tfstXDdK_yw

    ftOqU21.png
  • DynagripDynagrip Break me a million hearts HoustonRegistered User, ClubPA regular
    i wonder how expensive Gus' chemo is going to be.

  • ronyaronya Arrrrrf. the ivory tower's basementRegistered User regular
    Discovering your home town has Town Portal feels good man.

    portal.gif

    ?

    aRkpc.gif
  • zagdrobzagdrob Registered User regular
    Abdhyius wrote: »
    the organization for hotel and restaurants want to disallow cash payments, to kill the reputation the business has for operating black, as we say. Since it would be harder to not register things properly.

    I recall reading about one of the super fancy / expensive restaurants in NYC that only accepts cash...and all I could think is 'yup, the IRS should get right on that'.

  • RMS OceanicRMS Oceanic Registered User regular
    Discovering your home town has Town Portal feels good man.[/HOMM 3]

This discussion has been closed.