Carrol Cox wrote:

And no one has the slightest fucking idea of what "postmodernism" is or who 'believes' in it, or if it is something one believes in or like the
rain something that falls on one.


Independent of what it's called, there is a doctrine, claiming derivation from Heidegger's idea (elaborated in Being and Time) of the "hermeneutic circle," that asserts that texts are necessarily "constructed" by the reader in a way makes their meanings unknowable things in themselves.

This differs from Husserl's "phenomenology" which is, in part, a method for avoiding misinterpretation (of texts or any other aspect of reality) by questioning hitherto unquestioned frameworks of interpretation.

For instance, Keynes, who understood this point, claimed the Austrian Hayek had falied to understand the argument of A Treatise on Money because he had failed to read it phenomenologically in this sense (as he put it, failed to read it with "good will" - combining a philosoophical with a psychological point).

This is also true of all those, e.g. Paul Davidson, who insist on interpreting Keynes on the assumption that he treats all agents as fully "rational" (or, as Paul prefers, in order to distinguish an understanding of "rationality" - in the sense conventional in economics - that takes account of fundamental "uncertainty" from one that doesn't, as fully "sensible"). This in spite of the fact that in many texts, most obviously in the autobiographical essay "My Early Beliefs," Keynes explicitly rejects this assumption. In "My Early Beliefs," for instance, he claims the assumption that all individuals are "reasonable" is "disastrously mistaken" and substitutes for it the assumption that "there are insane and irrational springs of wickedness in most men."

Ted

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