>> Because it will lead to atheism and nihilism after millions of hard
>> working people have a collective nervous breakdown?
>
> When even leftists who should no better think nationalization =
> socialism, who knows what strange thoughts must circulate in the minds
> of capitalists! Next thing you know they will be nationalizing garage
> sales.
I took Eubulides to be ironic, but given that the whole point of this list over the last few weeks and months has been to give advice to capital and to pray for it to reconstitute itself on some more humane, socialistic level, I don't know what to think anymore. People on lbo-talk may scoff at the conservative idea that nationalization = socialism, but as far as I can tell that's exactly the politics that dominate here.
Speaking of, I've finally read the Harvey article, and even though DeLong is a complete ass, I feel no need to defend Harvey and his highly conservative analyses and prescriptions: financialization as decadence and sign of the end, the rearrangement of something called hegemony, and the desire "to rescue capitalism from the capitalists and their false neoliberal ideology" all point to a Keynesian in Marxist dress. Why does Harvey think that Keynesianism is the only solution to the current crises? Someone might want to remind him that it didn't actually exist before the last big crisis and that capital has shown itself to be just a little bit supple. I'm sure it can come up with its own solutions without advice from dissenting intellectuals.