> Well, this highlights the tautological aspect of Miles' argument. If you
> assume that any social arrangement, once established, somehow
> automatically generates its own popular consent then *by definition* any
> new social arrangement must reflect ideas that were once in the
> minority. Of course, this formula has a bit of trouble explaining how
> the previous arrangement, which was supposed to generate its own popular
> consent, could have broken down in the first place.
>
> SA
============
Minsky's "stability is destabilizing" concept doesn't just apply to financial markets.
"Everything arises in this way, opposites from their opposites." [Plato "Phaedo sec. 71a]
Never misunderestimate the invisible hand!
Ian