Economics and Psychopathy
This is a lightly edited excerpt from my book/pamphlet The Hegemony of Psychopathy. * * * The reorientation of political ambitions after the Second World War from power and territory to wealth changed the relation between economics and the ruling elite. The “science” of economics, which already had been more influential and prestigious than any of the other social sciences, now gained an effective monopoly as the official supplier of government plans and policies, putting it in the center of power, and changing its status and what was (and is) expected of it. For one thing, politics demand(ed) “closure” —...
The Hegemony of Psychopathy (Excerpt)
This is an edited collection of excerpts from my book/pamphlet The Hegemony of Psychopathy that was just published. (It can be purchased in paperback or downloaded for free in PDF format at the publisher’s website.) * * * The Holocaust has received surprisingly little attention from social and political philosophers. This is surprising because the scale and extent of the atrocities involved in the Holocaust should be impossible to ignore. If we humans can do that, then that makes a difference — or should make a difference — for our beliefs about the ideal society, for example. At the very...
On Free Trade Ideology
According to conventional “wisdom” free trade leads to prosperity. Usually the idea is based on a version of David Ricardo’s (1817) theory of “comparative advantage” which is taught in most high-school economics classes. There is, however, a fundamental problem with that theory, as was shown by Frank Graham in 1923, and unfortunately that problem tends to be ignored. In the following, I will briefly summarize Ricardo’s theory and Graham’s correction thereof, and discuss why the latter is ignored and the effects and implications of that neglect. Ricardo’s model Assume a world with two countries, “country A” and “country B”, and...