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It is morally defensible to establish a nation-state built around maintaining a specific and exclusive ethnic population
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Marxism and Capitalism: A Reply to Olivia
Submitted by seymourblogger on Mon, 2011-10-31 23:13
I originally wrote this in response to Olivia's post on Marxism. It got too long and had too much in it so I decided to turn it into a blog.
And you are talking about the masses and I am including university students in that same group. For Olivia.
Gone are the times when students held all night discussions about philosophy, politics, art, etc. Now they have their heads in their laptops and ipods. Communication not knowing.
Marx is not the Dominating Discourse anymore, but certainly it is included in it openly. Capitalism also. But as I have said here and elsewhere, what we are seeing is no longer capitalism, say as Rand conceptualized it, and not crony capitalism which is an anachronistic term, but speculative capital that has nothing to do with products, actual money, goods, commodities, consumer behavior, as it is simply numbers screening across a screen. (The 2008 bailout was only a transfer of numbers electronically. No Brinks trucks 100 miles long delivering the banknotes.)
DeLillo has it fictionalized in his Cosmopolis. He also fictionalizes how to destroy it, but the academics, the reviewers, the talk-talk people discuss it on the grounds of self-destructive behavior. "He loses all his billions in one day!"
NO. This is no more self-destructive than Rand's closing up shop on NBI. Did she lose millions in one day by closing its doors? Yes she did. Does anyone even look at her action that way? I don't think so. Although I used to think so before reading Baudrillard and rereading Fountainhead through Symbolic Exchange and Death, among other conceptual objects.
Rand deliberately did it to destroy Nathaniel Branden. It was her counter-gift. Nathaniel was then placed in the position of being forced to throw the gift back or suicide. He suicided. He would never again attain the prominence he had with NBI, or the future that went with it. Not unlike Dominique's calling the police over her "stolen"saphire ring after her night with Roark. She meant to psychologically destroy Wynand for giving up. And in the end Wynand destroyed the Banner, an act of suicide. Perfect. Too little too late. He could have kept on defending Roark and suicided that way.
Post modern thought is eating away at Marxism. This is primarily do to the work of Foucault. As Marx was the Dominating Discourse of his intellectual era and Sartre was the Dominating Discourse of philosphy and thinking underlying Marxism, Foucault knew he had to go up against Sartre. David and Goliath again, as Toynbee is wont to put it. A huge undertaking for him. Nietzsche was the rock on which he stood to do it.
In challenging and defeating Sartre, Foucault demolished the philosophical underpinnings of Marxism, the Hegelian dialectic and its progress towards idealism and the socialistic dream of equality. Without this basic structural foundation, intellectuals could no longer stand on anything but shifting sand when it came to Marxism.
The ones who still do you will find, do not include Foucault or post modernism in their thinking or teaching. In fact they ridicule post modernism as deconstruction as people here on this site do. Intellectuals fear post modern thinking and spin it into deconstruction, make fun of it, sound bite it, and reduce it to something vaguely intelligible to idiots.
They can't get rid of it though. It's here to stay. Marxism has been given a hit from which it cannot recover. It's only possible response is the counter-gift or suicide. It cannot respond with the counter-gift, anymore than the US can respond to 9-11 with the counter-gift, and so we are slowly suiciding as our economy swirls down the drain.
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The Fountainhead by Ayn Rand
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