5 Comments

I very much like this paragraph

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My diagnosis is that, at least in the Global North, potential voters are, today: (a) profoundly unhappy with a neoliberal world in which the only rights that people have that are worth anything are their property-ownership rights and they are thus the playthings of economic forces that value and devalue their property; but (b) are anxiously unsatisfied with social democracy that gives equal shares of access to valuable things to those whom they regard as “undeserving”; and (c) while that economic anxiety can be assuaged by rapid and broad-based growth, it is also (d) stoked by those who like the current highly unequal distribution of wealth and thus seek to make politics about the discovery of (external and internal) enemies rather than about equitable prosperity.

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A good summary of the situation, and why it's so difficult to construct a better politics. I think that puts the items in the correct order; the people stoking fears for political and financial gain are important, but they wouldn't be as successful as they are if there wasn't an existing discomfort with social democracy.

Mulling it over, I ended up re-reading this older piece by you which is also good: https://www.bradford-delong.com/2021/02/hoisted-from-%C3%BEe-archives-regional-distributional-policy-in-a-world-where-people-want-to-ignore-%C3%BEe-va.html

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Yet to keep the fiction that we are all fairly playing the reciprocal game of gift exchange in a 7.4 billion-strong social network—that we are neither cheaters nor saps—we need to ignore that we are coupon clippers living off of our societal inheritance.

And to do this, we need to do more than (a) set up a framework for the production of stuff, (b) set up a framework for the distribution of stuff, and so (c) create a very dense reciprocal network of interdependencies to create and reinforce our belief that we are all one society.

We need to do so in such a way that people do not see themselves, are not seen as saps—people who are systematically and persistently taken advantage of by others in their societal and market gift-exchange relationships. We need to do so in such a way that people do not see themselves, are not seen as, and are not moochers—people who systematically persistently take advantage of others in their societal and market gift-exchange relationships. We need to do this in the presence of a vast increasing-returns in the knowledge- and network-based societal dividend and in spite of the low societal marginal product of any one of us.

Thus we need to do this via clever redistribution rather than via explicit wage supplements or basic incomes or social insurance that robs people of the illusion that what they receive is what they have earned and what they are worth through their work.

Now I think it is an open question whether it is harder to do the job via predistribution, or to do the job via changing human perceptions

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