Date: Mon, 27 Nov 1995 17:53:21 -0700 From: Lisa Rogers <eqwq.lrogers-AT-email.state.ut.us> Subject: report: Pack on Gilder Somebody on this list [sorry I forget who] once recommended the article _Schumpeter plus optimism equals Gilder (ceteris paribus)_ by Spencer J. Pack, HistPolEcon 19:469-80, 1987 no.3. I have now read it. I know next to nothing about Schumpeter, so I hope that Pack has presented his work fairly. Without assuming that Gilder ever read Schumpeter, Pack points out some reverse-parallels. Schumpeter thought that capitalism was bound to fall because entrepeneurism would end up unrewarded by capitalism, so it would decrease, the bourgeois family will "breakdown" and rationalism developed by C'ism will be turned against it. Gilder acknowledges that these things are a problem for Cism, [without framing it as a reply to S or referring to S, but the parallel is there] but he has a prescription that will save and strengthen Cism! The main one I want to highlight here is his recommendation that we return to religion!! I find this almost eery, in light of the Republican/Religious Right unified campaign that has trompled the nation since Gilder wrote that in 1981. Like S, G finds that there is rampant rationalism which is threatening Cism. Unlike S, G finds that it is not generated by Cism itself. Gilder thinks it is "rational" to avoid risk, but for the sake of Cism and their own profitis entrepeneurs must take "risks". "...all creativity requires a leap of imagination and faith." So, "We do not need "myths" so much as we need religious beliefs, which for all their dubious "irrationality" bear in their symbolic depths the greatest of pragmatic and historic truths. They tell us that free humans with faith in the future and a commitment to it will prevail." Faith in the future of capitalism, that is. Not just religion in general, or any religion in particular, but religious beliefs that _support capitalism_ and encourage entrepeneurship, that's what capitalism needs. Gilder also joins in that swelling refrain from the christian/islamic reactionary rightwing, to condemn "women who work" for the "breakdown of the family". You see, it is women's and children's dependence upon _men_ that helps to force men to work harder to make money, thus making capitalism prosper. That's why the low birth rate, which is also women's fault, is also a problem for Cism. See, if we all had more children [but women work for no cash] then the men would _have_ to make more money to support the more kids. _Barron's_ called it "the seminal economic work of the decade." [somebody get that Barron's author a towel.] David Stockman [remember him?] called it "Promethean in its intellectual power and insight." _Forbes_ called it "the cutting edge for economic policy in the Reagan administration." Holy shit, Batman. And here I had assumed that (in the lack of other evidence) the marriage of the religious rightwing and the GOP was just a marriage of mutual profit. Well, it is, but I didn't know if there was a specific genius behind the idea. Maybe it would have happened anyway, it seems such a "natural" match, even without Gilder. The parallel with NOI promotion of entrepeneurial business_men_ stands out a bit. As well as the blame-the-woman for "men's" problems, in common with the Promise-keepers, the Christian Coalition, the NOI, etc. Pack could have titled an article "George Gilder as Prophet." Thanks for the recommend of the reading, hope y'all liked my report. --- from list marxism-AT-lists.village.virginia.edu --- ------------------
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