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In discussion of economics, 'left' generally means large-scale government intervention in markets, while 'right' means truly free-markets based on the efficient
by hodwik 10y ago
In discussion of economics, 'left' generally means large-scale government intervention in markets, while 'right' means truly free-markets based on the efficient market hypothesis.
E.g. https://upload.wikimedia.org/wikipedia/commons/8/8b/Political_Spectrum2.png https://upload.wikimedia.org/wikipedia/commons/8/8b/Politica...
There is a lot of confusion -- no doubt. This has to do with the new usage of the term "liberal" to describe Democrats or people on the left, when historically, liberal meant people on the right, like Libertarians or Republicans. As a result, we now describe free-market liberalism as "classical liberalism", to distinguish it from modern "social liberalism".
To further complicate things, pundits on the left have attempted to associate the uglier side of left politics (namely, fascism) with the right, so you have a lot of people calling neo-nazis "far-right", when in reality, National Socialism was a leftist movement. Hitler was a "liberal", in terms of being a believer in large-scale government intervention in the markets.
Conversely, the USSR was and China is "conservative" in the classical sense. That is, they believe in government intervention in markets, which was called conservatism 100 years ago, and is called liberal today.
- deleted 10y ago[deleted]
- kristopolous 10y agoGreat example. 4 paragraphs of utter nonsense! They mean nothing in practice because of bizarre narratives like that. Before taking power, the Nazis caucused with the National Conservatives, the Free Conservative Party, and the German Conservative Party. German leftists were first to the concentration camps under the Enabling Act of 1933. Under the Röhm Putsch, the Nazis killed and outlawed the left-leaning faction of their party. Under the Commissar Order, Hitler prioritized the death of leftists in conquered land. Socialists, leftists, liberals and communists got their own special badges at the death camps (https://en.wikipedia.org/wiki/Nazi_concentration_camp_badge#Single_triangles https://en.wikipedia.org/wiki/Nazi_concentration_camp_badge#...) The USSR and China are autocratic state-run corporatists. They are conservative in that they are effectively industrialized reactionary feudalism with integrated propaganda to prevent populist revolution. And finally, some may enjoy calling an intentionally plutocratic state liberal, but it's essentially autocracy without coronation ceremonies. The confusion here isn't that the ideas themselves are confusing. The historical record is abundantly unambiguous. However some don't like it so they do revisionism and taxonomy hand-waving to try to confuse people. But that's the nature of power.
- hodwik2 10y agoIt's unclear how reminding us that Socialist Fascists locked up Socialist Democrats is proof that Nazis were somehow secretly Libertarians. The Nazis nationalized industry. They're Socialists, on the left.
- kristopolous 10y agoThat's because they were reactionary monarchists. The nationalising was a throwback to 18th century imperialism. That's a rather extreme form of "conservative". Its not like we're talking worker self directed cooperatives regulated by government for the public good. Marxist in first international was about extending democratic principles to the organization of labor. When you have a single party dictator snatching up enterprise, you don't have first international. Besides, the terms are for camps more than anything. It's an affinity, not a taxonomy.
- hodwik2 10y agoMonarchism is a sort of leftism. It's still about having the state own and manage industry, rather than spreading its ownership out among many people. In the end, leftism always ends up looking like Monarchism anyway, to go to your 'affinity not taxonomy' claim.
- kristopolous 10y agoNo again. It's about syndicalism. Modern monarchism is structurally capital enterprise. Always has been. Antiquity talks to this. You have hierarchy, autocracy, authoritarian systems... that's capitalism - combining it with statecraft and religion, you get monarchism Calling Nazism, democracies, socialism, and monarchism the same thing is about as useful a classification as calling them nouns. It sounds like you think a system free from government would be free from coercion. As if places in actual war, without government, is free from coercion or as if the natural animal kingdom with its dog eats dog nature is free from coercion. Almost as if you're making the fanciful objectivist argument where everyone is pathological and greedy, but also upstanding and moral...