All year long over at the Chronicle’s Brainstorm, I’ve been grappling with market fundamentalists (Why doncha go where the Market will pay ya! My big wages and your little wages are fair ’cause the Market says so! Don’t look at the little pinstriped men behind the curtain!).
So have others trying to suggest what any actual student of economies knows: markets are social formations, closely and carefully managed by law, power, appropriations, policy, and culture. That includes the system for proletarianizing faculty colloquially and fallaciously known as the “job market” (long since turned into a market in contingent appointments, not jobs).
As the current drama fairly conclusively demonstrates, all of our markets are carefully managed to advantage the holders of enormous wealth, as well as their most loyal servants. Not everyone’s consciousness is so aggressively shaped by material circumstances, but there’s always a few who are especially eager to believe the things that are most convenient.
Most recently, a couple of real clowns weighed in to insult and attack Melanie Hubbard, the Columbia Ph.D. willing to put her face on camera and describe the life of contingency the “market” imposed on her for the radical choice of trying to live in the same general region as her family. Yep, it’s just her choice and bad judgment.
The Girl Detective over at Alas, A Blog continued the the Hubbard conversation late last month–running into a pack of true believers from the same church, wisely kicking one or two of the most hostile clods out of the conversation, after giving them a fair chance to be respectful. For Labor Day, she reflected on the conversation, adapting and posting the Laissez-Faire Bingo chart above. (“It seems that anyone who attempts to have a frank discussion about labor and/or capitalism finds themselves staving off the same arguments again and again.”)
Not that I think posting their playbook will make any difference. Last time I posted on the way current events refuted their faith–the airline companies pleading for regulation of the oil market–there was total silence from the fundamentalists for a week or two, and then they came out of hiding again with the same old cant.
I expect it’ll be the same this time.
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