Tuesday 4 March 2014

Chris Hedges | Suffering? Well, You Deserve It

Chris Hedges | Suffering? Well, You Deserve It


“Let’s take the doctrine of optimal taxation,” he said. “If you assume a world of perfect competition, where every person gets their marginal products, then you can deduce a tax distribution where high progressive taxation is inefficient. This doctrine has been one of the drivers to reduce progressive taxation. But looking at the historical record this has not been accompanied by any great surge in productivity; rather, it has produced a great surge in inequality. So once again, there is a gap between what the model tells us should happen and what actually happens. In this case the model works, but only in the model, only if all the assumptions are satisfied. Reality is more complicated.”

“One of the issues here is when those in authority, whether political, academic or civic, are expounding their doctrines through Enlightenment idioms and we must ask, is this being done in good faith?” he said. “And here I think the genuine insight provided by the economics of opportunism is that we cannot assume it is being done in good faith.” 
“When I hear Republicans in the United States say that taking away people’s food stamps will do them good I ask, what do you know that allows you to say this? This rhetoric invokes the Enlightenment model. We all use it. It is improvement by means of reason. But Enlightenment discourse should not be taken at face value. We have to again ask whether it is being carried out in good faith.” 

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Cultural barriers to objectivity