About 30-40 mins after reading Andrew’s thought provoking piece on the Better Questions series in Seomra Sproi, I was watching Tuesday’sDaily Show. In it they make an amuzing point that the recent credit card reform act in the US does little more than make credit card companies and the state than enforces it little more ethical than the mob. As the former mob loan shark says “We might have broken your legs, maybe pushed back your nuckles. You might have fallen down the stairs, accidentally. But if you didn’t pay, we never took your house. We never took your house.” Anyway, it made me think of how so much of the left in recent years will talk about everything apart from ‘the economy’. Andrew’s post drew me back to a post by Chris Dillow over at Stumbling and Mumbling where he says “I blame the 80’s”. In Chris’s post he gives an anecdote about the Andrw Glyn, the late Oxford economist. Dr. Glyn, who despite dieing 2-3 months before I discovered his writings, is something of an inspiration to me. Or perhaps it would be better to say an aspiration.
Anyway here’s the anecdote
Â I remembered an exchange at Oxford in the 80s between Andrew Glyn and a whiney London woman. Andrew had just given a talk outlining a Marxist view of Thatcherism. Whiney woman: “Yah, Andrew. I agree with your analysis, but don’t you think we have to build a radical feminist critique?” Andrew: “No.”