Schumpeter Rides by Political Cynic

Schumpeter in an essay in the January 28th edition of the Economist titled The Power of Tribes manages to sing the praises of the tribalist ethos, at least in it’s economic iteration, as a handy reductive tool in the search for a usable explanatory frame, bolstered by social science and some impressive statistical data.Staring that deadline in the face makes more mailable the standards writers set for themselves. The narrow focus of the essay to economic matters, even though the ethical notion of value continally manifests itself in his arguments, makes this essays weaker than it might have been. He sounds almost like David Brooks on the hunt for a set of metaphors with which to build his opinions, and having found his material, fashions his rickety hobby horse and sets off at an uncoordinated gallop, thinking himself home free.

Political Cynic

 

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About stephenkmacksd

Rootless cosmopolitan,down at heels intellectual;would be writer. 'Polemic is a discourse of conflict, whose effect depends on a delicate balance between the requirements of truth and the enticements of anger, the duty to argue and the zest to inflame. Its rhetoric allows, even enforces, a certain figurative licence. Like epitaphs in Johnson’s adage, it is not under oath.' https://www.lrb.co.uk/v15/n20/perry-anderson/diary
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