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#hayek

2 posts2 participants0 posts today

"I think that my assumption was a triumphalism and a sense of victory after the fall of the Soviet Union. But the fact that the week of the Berlin Wall falling, they were already talking about new enemies —enemies that had gone underground in certain ways or transformed in ways that were elusive — was the beginning of the rabbit hole. Because once you accept the idea that Marxism and socialism have survived and yet have changed their face, then anything can be Marxism and socialism.

I think this is how we can understand the fixation of the right wing on things like what they call “cultural Marxism” or “gender ideology” as essentially the new enemy of humanity. Because the adversary continuously changes shape, it makes them open to endless reinterpretation. There is a paranoid quality to the term. And the paranoia doesn’t really have any bounds, as I show in the book.

So I think the narrative arc comes from a feeling on the part of the libertarians, and often the racist libertarians, that they can contain their enemy in new ways by pinning it down on hierarchies of intelligence or deploying the latest findings from genetics. But by the end of the book, with a chapter on “gold bugs” and the far-right obsession with gold, there’s almost a sense of desperation or surrender to the inevitable, a failure to contain their enemies and the idea of an impending collapse and inevitable apocalypse.
(...)
What I recognize is a sort of desperation and a kind of ungoverned willingness to reach for radical remedies in a time of great peril. And as I described in the last chapter, often the rhetorical technique of the gold bug is to predict a coming apocalypse and then immediately sell you the only means there is to protect you from the worst.

I think there’s that accelerationism visible right now on the far right, certainly in the United States."

jacobin.com/2025/04/race-scien

jacobin.comThe Method in the Far Right’s MadnessToday’s far right manages to combine the call for economic freedom with pseudoscience about natural hierarchies of race and IQ. Historian Quinn Slobodian explains how these ideas can be fitted together.
Replied in thread

‘The progress of society, #Hayek held, depends on the liberty of ‘independents’ to gain as much money as they want, and to spend it as they wish.

All that is good and useful therefore arises from #inequality.

A free society in his mind, became one in which the state helped eliminate firebreaks that prevented #capitalism’s conflagration from consuming the world.

…in 1974 Hayek was awarded the Nobel Economics Prize.’

George Monbiot and Peter Hutchison

In #Marx' ersten Band von #DasKapital gibt es eine Passage, an die ich derzeit oft denken muss, weil schnell die ideologischen Stichwortgeber für aktuelle Prozesse benannt sind und umgekehrt als Kern des Übels identifiziert. Aber, jetzt Marx: »Es ist in der Tat viel leichter, durch Analyse den irdischen Kern der religiösen Nebelbildungen zu finden, als umgekehrt, aus den jedesmaligen wirklichen Lebensverhältnissen ihre verhimmelten Formen zu entwickeln. Die letztre ist die einzig materialistische und daher wissenschaftliche Methode.« (S. 393) Ich denke derzeit an Friedrich A. #Hayek und Milton #Friedman, Ludwig von #Mises bis Murray Newton #Rothbard oder Curtis Guy #Yarvin - alle werden genannt, wenn es um den Geist des #Projekt2025 geht oder was Musk herumtreibt. Das ist alles nicht falsch. Mit vielen Ausführungen legitimiert die #Trump-Administration und ihr Umfeld nicht nur, was sie tun, sondern sie erklären es damit auch, nicht nur Dritten, sondern auch sich selbst. 1/2
[1/2]

Important piece in the puzzle #RCPcollapse

nature.com/articles/s41893-020
or trophiccascades.forestry.orego ,
"The carbon opportunity cost of animal-sourced food production on land" #Hayek et al 2021
When all animal pasture and crop land currently in use for animal agriculture are rewilded, the process removes a total of
358 to 743 GtCO2 from the atmosphere by year 2050.

-743 Gt CO2, that's the theoretical equivalent of 0.5°C. ^^

The CO2 removal is based on the biomes originally covering the land nowadays in use for animal agriculture.

Ecosystem soil and litter could remove an additional 225GtCO2, "but this estimate is highly uncertain".

Albedo changes were not included in their modelling; but they say, regrowth of temperate forest systems increase temperature locally – but globally, they net cool despite albedo loss.

"Carbon uptake saturates after around 25 years for tropical forests
and around 30 years for temperate forests." Good to know. I had guesstimated this takes 60 years.

From what I can see, they computed only the rewilding process, not the CO2-equivalents GHG emissions like CH4 and NO2.
But reductions in those are maybe balanced by increased microbe activity via changes in hydrological cycle. So I won't bet on additional temperature decrease from them.

My proposed #RCPcollapse scenario research has to include rewilding in all the settlements and agriculture land in the highly tech-dependent societies, and in cities in all societies.

Also, outgassing from land and ocean once CO2 concentration drops reduces the effective atmospheric drawdown from 743Gt to 558Gt CO2.
Still -0.4°C.

-0.4°C within 30 years or so.... from the end to animal agriculture alone.ß!
Shocking. But to remind myself: from 2005 to 2020, global °C rose by 0.4°C.

Eighty years ago Frederick Hayek published the Road to Serfdom.... & to some extent is been misunderstood & misrepresented ever since.

Here's Conor O'Kane (BournemouthU) setting out some of these debates & concluding that Hayek 'was certainly no statist, but his vision for how best to run an economy was not as uncompromising as many would have us believe'!

#politics #economics #Hayek #neoliberalism

theconversation.com/hayeks-roa

The ConversationHayek’s Road to Serfdom at 80: what critics get wrong about the Austrian economistChampioned by Thatcher, Reagan and Elon Musk, there’s a marked tendency to reduce Hayek to less than the sum of his parts.
Replied in thread

Gravy Train to Oligarchy:

Historian Nancy MacLean explains that Virginia’s white elite and the pro-corporate president of the University of Virginia, Colgate #Darden, who had married into the #DuPont family, found James #Buchanan’s ideas to be spot on.

In nurturing a new intelligentsia to commit to his values, Buchanan stated that he needed a “#gravy #train,” and with backers like Charles #Koch and conservative foundations like the #Scaife Family Charitable Trusts, others hopped aboard.

#Money, Buchanan knew, can be a persuasive tool in academia. His circle of influence began to widen.

MacLean observes that the #Virginia #school, as Buchanan’s brand of economic and political thinking is known, is a kind of cousin to the better-known, market-oriented #Chicago and #Austrian schools — proponents of all three were members of the #Mont #Pelerin #Society, an international neoliberal organization which included Milton #Friedman and Friedrich #Hayek.

But the Virginia school’s focus and career missions were distinct. In an interview with the Institute for New Economic Thinking (INET), MacLean described Friedman and Buchanan as yin and yang:
“Friedman was this genial, personable character who loved to be in the limelight and made a sunny case for the free market and the freedom to choose and so forth.
"Buchanan was the dark side of this: he thought, ok, fine, they can make a case for the free market, but everybody knows that free markets have externalities and other problems. So he wanted to keep people from believing that government could be the alternative to those problems.”

The Virginia school also differs from other economic schools in a marked reliance on #abstract #theory rather than #mathematics or empirical #evidence.

That a Nobel Prize was awarded in 1986 to an economist who so determinedly bucked the academic trends of his day was nothing short of stunning, MacLean observes. But, then, it was the peak of the #Reagan era, an administration several Buchanan students joined.

Buchanan’s school focused on *public choice theory*, later adding constitutional economics and the new field of law and economics to its core research and advocacy.

The economist saw that his vision would never come to fruition by focusing on *who rules. It was much better to focus on the rules themselves, and that required a “#constitutional #revolution.”

penguinrandomhouse.com/books/5

PenguinRandomhouse.comDemocracy in Chains by Nancy MacLean: 9781101980972 | PenguinRandomHouse.com: BooksWinner of the Lillian Smith Book Award Winner of the Los Angeles Times Book Prize Finalist for the National Book Award The Nation's "Most Valuable Book" “[A] vibrant intellectual history of the...

War bis 2015 selbst in der #Hayek-Gesellschaft aktiv, die jedoch immer stärker vom monistischen, dialogisch-demokratischen Liberalismus zum dualistischen, wissenschafts- und demokratiefeindlichen Libertarismus driftete. Als ich merkte, dass diese Radikalisierung von den Geldgebern so gewünscht war & gefördert wurde, stieg ich aus - und warnte. Die Spiegel-Story vom @chrisstoecker zu marktradikalen #Koch-Netzwerken kann ich voll bestätigen, sie ist sogar noch untertrieben… spiegel.de/wissenschaft/mensch

DER SPIEGEL · Klimaschutz: Die heimlichen Einflüsterer der FDPBy Christian Stöcker