The purported postcrisis consensus was ideologically incoherent and self-contradictory
Evidence
That list counts at least three open neoliberals, Bernanke, Rajan, and Rogoff, and one maverick neoliberal, Shiller. Three are rather conventional defenders of the veracity of orthodox neoclassical economics: Sachs, Krugman, and Eichengreen. We have already mentioned the unbearable lightness of the Keynesian rehabilitation within the economics profession. Minsky is nowhere taught in any ranked economics department. Roubini is the odd man out, largely ignored by the profession because of his propensity to cry wolf. The angst comes with the utter void of anything that could charitably be designated “new ideas” in the second list, and the sheer deliquescence of influence of the middle three of the former list for the economics profession. But worse, other than fealty to the home team, there is nothing here which acknowledges that the individual candidates tend to contradict one another in the main. If this be consensus, then sound and fury may be our fate. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 537
Categorization
- XREF: Connects to the thought-collective thesis and Mirowski’s argument about the ‘double movement’ of neoliberalism post-2008. — connects to: Left factions failed to unite because their strategies were mutually contradictory — Antonio Gramsci, Selections from the Prison Notebooks, 132; Poststructuralism’s assault on historical thinking does not vindicate synchronic thought, which is self-contradictory.; An ideology becomes totalitarian only when its total validity is taken seriously — Hannah Arendt, The Origins of Totalitarianism, 1028 (+2 more)
Broader Connections
- Left factions failed to unite because their strategies were mutually contradictory
#exemplifies(0.85) — Antonio Gramsci, Selections from the Prison Notebooks, 132 - Poststructuralism’s assault on historical thinking does not vindicate synchronic thought, which is self-contradictory.
#exemplifies(0.80) - 1950s liberal intellectuals dismissed conservatism as intellectually incoherent
#exemplifies(0.75) — Angus Burgin, The Great Persuasion, 309 - An ideology becomes totalitarian only when its total validity is taken seriously
#complicates(0.72) — Hannah Arendt, The Origins of Totalitarianism, 1028 - Irony dies because ideology and reality have collapsed into agreement
#exemplifies(0.72) — Theodor W. Adorno, Minima Moralia, 230