Date: Tue, 28 Nov 1995 11:25:50 -0400
From: dhenwood-AT-panix.com (Doug Henwood)
Subject: Re: report: Pack on Gilder


At 1:43 PM 11/28/95, g.maclennan-AT-qut.edu.au wrote:

>Very interesting, Lisa and thank you for the report.  I was amazed to see
>the turn to religion being advocated like this but the turn to the
>irrational is always possible in a system built round an irrational
>device like the market.

Gilder said in Wealth & Poverty: "Capitalist production entails faith - in
one's neighbors, in one's society, and in the compensatory logic of the
Cosmos. The socialist economy proceeds from a rational definition of needs
or demands to a prescription of planned supplies.... Under capitalism, the
ventures of reason are launched into a world by morality and Providence."

So there you have it; in Gilderese, rational = bad and irrational = good.
Especially the irrationality fueled by heavy doses of testosterone.

Doug

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Doug Henwood
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