Using Technology to Deepen Democracy, Using Democracy to Ensure Technology Benefits Us All

Sunday, June 27, 2010

Futurology and the Hayekian-Friedmanian Pseudo-Economic Dis-Invention of Keynesian Macroeconomics

I supplemented yesterday's big post with another paragraph that occurred to me overnight.

To this paragraph, written yesterday:
"The Future," so-called, is the functional closure of futurity, it is the political price the futurologist inevitably pays for his alliance with incumbent interests (the "utopian" amplification of whose terms he designates as "The Future" in the first place), that is to say, for his parochial post-human dis-identification with the diversity of actual and wanted and flourishing human lifeways in the present world whose collaboration and contestation open the futurity always inhering in the present, peer-to-peer.

I have now appended this paragraph:
It is an interesting exercise, by the way, to substitute for the word "futurologist" in that sentence the word "economist": to do so is to go a long way toward understanding the havoc wreaked by the circumvention and even attempted dis-invention of Keynesian macroeconomics by the devastating ascendancy of the crypto-feudalist pseudo-economic sophisms of Hayek and Friedman (Mises, Hazlitt, and even La Rand also have places at this ignominious table). In a book like the flabbergastingly false and fantastically facile The Long Boom by Peter Schwartz and a few other exemplary mainstream neoliberal futurologists the inextricability of reactionary politics (incumbency as meritocracy, eg), spontaneist figuration (self-regulating markets as spontaneous order, eg), and the futurological form (technofixes to infinity and beyond, eg) compels attention to how thoroughly not only the argumentative framework for our present distress depends on interdependent market justifications and futurological promises, but how the style of our epoch attests as well to this interdependence: the immaterialism of neoliberal financialization and logo-ization of the economy finds its consummation in the digital utopianism of futurological discourse, the hyperbole and fraud that suffuses the marketing and promotional discursive motor of the corporate-militarist order finds its consummation in the literally techno-transcendentalizing aspirations of superlative futurology.

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