For a good critique of Hillary Wainwright, see John Bellamy Foster's
"Market Fetishism and the Attack on Social Reason: A comment on Hayek,
Polanyi and Wainwright" in the Dec. 95 "Capitalism, Nature and Socialism".
Foster states that Wainwright concedes too much to Hayek and that Polanyi
is good antidote to the creeping Hayekianism that has infected the
socialist movement. The principal thesis of Polanyi's "The Great
Transformation" is that a self-regulating market "could not exist for any
length of time without annhilating the human and natural substance of
society." Sounds about right to me. 

Louis Proyect




On Mon, 21 Apr 1997, Robert R Naiman wrote:

> In her book "Arguments for a New Left" Hilary Wainright had what I
> thought was an interesting take on this issue. HW argued that while
> there was something to the Austrian critique of socialism and
> government action, namely that even if nominally democratic government
> action was limited by the limited ability of government to match the
> knowledge of individuals, still this problem is and could be addressed
> by social movements which also produce knowledge. HW gives some
> examples from Euro left social movements. Shades of cybernetics and
> anarcho-syndicalism... 
> 
> >   1) German liberalism
> >     by Doug Henwood <[EMAIL PROTECTED]>
> > 
> > ----------------------------------------------------------------------
> > 
> > Date: Mon, 21 Apr 1997 09:48:44 -0500
> > From: Doug Henwood <[EMAIL PROTECTED]>
> > To: [EMAIL PROTECTED], [EMAIL PROTECTED]
> > Subject: German liberalism
> > Message-ID: <l03102801af812aef59f1@[166.84.250.86]>
> > 
> >(2) In his book on Foucault, James Miller says that
> > Foucault developed, late in his life, a serious sympathy in Austrian
> > economics and English liberalism as limits to state power, and strategies
> > for maximizing the play of individual "will" (spectres of Nietzsche....).
> > 
> > Doug
> 
> ___________________________________
> Robert Naiman
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> 
> Urban Planning and Policy (M/C 348)
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> 
> 
> 




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