Steve Diamond: 

the problem with Graeber is not his factual grasp of Silicon Valley history
it is his absurd fantasy about that history. Of course the question for
deLong is his absurd fantasy about Obama - does he think Graeber is more
dangerous or less dangerous than a President willing to shred the federal
securities laws (as in the new JOBS Act) to dial for dollars among the
Valley elite? 

--------

Graeber has already contributed greatly to the left by his role in launching
OWS. Considering the response of many leftists to OWS (at least in the
beginning) it might have taken an anarchist nurturing absurd fantasies to
get OWS going. Hence I am, to an extent, biased in his favor. But I agree
that moonbeam gathering about the Silicon Valley entrepreneurs may mark some
limit to his political thinking. 

Those engineers gathered about with their laptops are all hoping to become
the pricks of the next generation who can sweat Chinese labor to produce
riches for them. They may be nice, but they are either irrelevant or the
enemy. 

Carrol

P.S. The measure of de Long's political commentary was marked by his slimy
posts on the death of Paul Sweezy. I have had nothing but contempt for him
since then.

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