Re: AUT: Neo-Keynsian Globalism?

[Massimo De Angelis <M.Deangelis@xxxxxxxxx>]

Paul Bowman raises the question of global Keynesianism. I cannot
comment on the specific example about Polish farmers he reports.
However, I believe todays global keynesianism would be  both very
difficult to implement as well as being  undesirable. By
keynesianism I don't mean this or that policy/ strategy of growth of
recuperation of social movements. Instead, I mean  systematic
strategies aimed at promoting growth and employment with heavy state
intervention and a broadly  coherent way to recuperate social
movements across society. If you are interested I can send you
(and anybody else)  the  draft conclusion of a book I have
almost finished. The book is  entitled "Keynesiasm, social movements
and political economy" and iIt will be published by Macmillan. The
conclusion deals exactly with this issue of why  global
keynesianism is not likely.

Ciao

Massimo


> A spectre is haunting world economists, the spectre of Keynsianism...
>
> To name but a few anecdotal sightings George Soros, international forex
> speculator extraordinaire denounces the debilitating effects of
> unrestricted capital flows into (and out of) "underdeveloped" economies
> - releases book entitled "The Crisis of Global Capitalism" with an
> apparently straight face; the UK Chancellor of the Exchequer (Minister
> for Economy) delivers under-reported speech in New York expressing
> opinion that some degree of restraint must be exercised on the global
> market "that explicitly refers to the best of the tradition of Keynes" -
> in the context of an EU in which now 13 out of 15 governments are headed
> by parties nominally in the social-democrat tradition, this is not as
> "against the current" as it would have been three years ago; even John
> "Isn't-he-dead-yet?" Paul II gets in on the act denouncing global
> liberal capitalism as a force for evil.
>
> Of course words are cheap and the whole affair so far doesn't amount to
> a heap of beans. Nonetheless those of us in the anti-capitalist camp who
> have seen the slogan of "resistance against neoliberalism" rise to be
> embraced by much of the contestationary movements that have spent the
> last two decades fighting the strategies of monetarism, austerity and
> deregulation adopted by the IMF, GATT/WTO, and OECD governments in the
> 70s, have to wonder if the neo-Keynsians are not considering the
> possibility of recuperating some of the anti-neoliberalism movement for
> the purposes of stabilising global capitalism.
>
> As a micro-illustration there was a story on a-infos today about Polish
> farmers blockading the German border against import dumping of cheap
> pork. The author of the piece (see http://www.ainfos.ca/ainfos00205.html
> ) asks:
>
> 	"Is there an official opinion of the PGA concerning centralized
> protectionist
> 	instruments used by the national governments? (The farmers
> 	are asking for more border taxes). Our group in Poland still
> hasn't
> 	decided what to think about this issue."
>
> (PGA being presumably People's Global Action network in this context).
>
> I have no set answers or ideas about any of the above at present, does
> anybody on this list have any?
>
> cheers,
>
>
> Paul Bowman
> mailto:pbowman@xxxxxxxxxxxxxxxxxx
> For every problem, there is one solution
> which is simple, neat and wrong.
>                                     -- H. L. Mencken
>
>
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>


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