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Title: Philip Pilkington: Libertarianism and the Leap of Faith – The Origins of a Political Cult
Source: Naked Capitalism
URL Source: http://www.nakedcapitalism.com/2011 ... igins-of-a-political-cult.html
Published: Dec 7, 2011
Author: Philip Pilkington
Post Date: 2011-12-07 09:29:50 by lucysmom
Keywords: None
Views: 27030
Comments: 65

You wanted God’s ideas about what was best for you to coincide with your ideas, but you also wanted him to be the almighty Creator of heaven and earth so that he could properly fulfil your wish. And yet, if he were to share your ideas, he would cease to be the almighty Father.

– Søren Kierkegaard

Political cults often have the strangest and most obscure origins. Take Marxism, for example. Today it is well-known that Marxist doctrine essentially sprang out of the obscure 19th century economic debates over the source of ‘value’. By ‘proving’ – that is, lifting the assumption from classical political economy – that all ‘value’ came from labour, Karl Marx went on to show that it was therefore only logical to assume the existence of something called ‘surplus value’ that was sucked out of labourers by a parasitic capitalist class. From out of this obscure debate flowed an awesome political movement – and a tyranny to match.

What is less well-known is that today’s most popular political cult – that is, libertarianism – was born in very similar circumstances; it too, arrived into the world out of the obscure 19th century debates over economic ‘value’. But before we explore this in any detail it might be appropriate to speculate a little on what characterises a political cult and why so many of these find their sustenance in economic theories of value.

What is a Political Cult and Why Do they Often Love Economic Value Theory?

A political cult is characterised by a political or economic doctrine that answers all the ‘big questions’ about life, the world and everything else. The doctrine that is handed down is then to be conceived of as a way to live one’s life – a project, handed down from Mount Sinai, that one is under the moral obligation to spread far and wide. This is why we refer to these movements as cults. And it is this that gives them such an awesome status in the glazed eyes of their devotees.

Under such circumstances, politics becomes a sort of religious calling. In these doctrines there is usually an ‘Evil Being’ who is opposing the spread of the ‘Good’ on earth and it is these that are to blame for all the bad things in the world. In Marxism this Evil Being is the capitalist; in libertarianism it is the figure who is at different times referred to as the ‘collectivist’, the ‘liberal’ or the ‘socialist’. Needless to say that, since these figures are usually ones of Extreme Evil they must be ‘liquidated’ or ‘eliminated’ at the first possible opportunity lest they spread their Demonic Gospel to the masses.

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Begin Trace Mode for Comment # 7.

#5. To: lucysmom (#0)

s therefore only logical to assume the existence of something called ‘surplus value’ that was sucked out of labourers by a parasitic capitalist class.

Surplus value equals profits.

What is wrong with profits?

If I do the legwork and develop a business. I am not going to pay the person all of the money they produce for me. I am going to take my cut.

Your marxist beliefs are an affront to the creator. He doesn't want you coveting someone else's stuff.

A K A Stone  posted on  2011-12-07   9:48:53 ET  Reply   Untrace   Trace   Private Reply  


#7. To: A K A Stone (#5)

What is wrong with profits?

There is nothing wrong with profits. I'm all in favor of profits.

Your marxist beliefs are an affront to the creator. He doesn't want you coveting someone else's stuff.

The stop whining about public employee's pensions.

lucysmom  posted on  2011-12-07   10:08:36 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 7.

#8. To: lucysmom (#7)

The stop whining about public employee's pensions.

Maybe public employees shouldn't receive pensions.

A K A Stone  posted on  2011-12-07 10:33:12 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 7.

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