Jargoeauxgne

Moldbug has damaged the Right by now as much as WF Buckley. His use of materialist terms, completely divorced of materialist context and political economy in general, has twisted people's brains into believing that China is the great Guarantor of Property Rights. 1/https://twitter.com/CovfefeAnon/status/1237591788195475457 …

There is no clearer contemporary example of a state subordinating investor rights to national interest; state ownership of equity, state allocation of capital, state protection of industry, state investment in infrastructure, abolition of NIMBYism, etc. 2/

But in the Moldbuggian mind, China represents Property Rights and the USA represents Communism because... one puts black people in advertising and the other doesn't. These people's analyses will never arrive at political economy because for them [...] 3/

Political economy is not a rational and pre-meditated course of action but a spontaneous manifestation of a people's values. This is of course wrong. The obscurification of political economy in this ideology, based axiomatically on property, leads one to believe [...] 4/

That the USA, after 40 years of worker's interests losing back-to-back policy battles and exporting that same program to the whole world, does not protect investors. At this point, just like with the Fed, there's no where further for economic policy to [...] 5/

"Cut Rates". Investors have maximal sovereignty. Only thing left is to privatize SS. And yet the US' de-industrialized state is taken as proof that popular self-abnegation is insufficient, because liberal economics is a non-falsifiable doctrine of supplicating investors [...] 6/