[lbo-talk] Re: wotsit madder

Bill Bartlett billbartlett at dodo.com.au
Fri Mar 5 20:26:32 PST 2004


At 8:51 PM -0500 5/3/04, Ted Winslow wrote:


>One key thing they have in common is that both treat the psychology
>of the capitalist as a form of self-estrangement, the essential
>feature of which is an irrational love of money and money-making so
>that M-C-M' also represents the irrational subjectivity of
>capitalism. Marx understands this in terms of Hegel's idea of the
>"passions"; Keynes most likely understands it in terms of the
>psychoanalytic theory of greed as an expression of psychopathology.

What's irrational about it? Monetary wealth equals security and freedom from drudgery. There's nothing pathological about a desire to achieve economic security and freedom.

Bill Bartlett Bracknell Tas



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