David has pre-empted me on the complexity issue, but list members might look here
Keen, S., 1995. Finance and economic breakdown: modeling Minsky's "financial instability hypothesis". Journal of Post Keynesian Economics, 17(4), pp.607-635..
for an introduction to deterministic complexity, and could consult the literature on so-called sandpile models for stochastic systems.
Bak, P., Tang, C. and Wiesenfeld, K., 1988. Self-organized criticality. Physical review A, 38(1), p.364.
Beinhocker's "The Origins of Wealth" is also essential reading, albeit ultimately unsatisfactory as it has a bourgeois, harmonising take on the issues.
Julian
From: To complement the journal 'Capital and Class' (ISSN 0 309 8786) [mailto:[log in to unmask]] On Behalf Of BYRNE, DAVE S.
Sent: 07 January 2017 10:19
To: [log in to unmask]
Subject: Re: [CAPITAL-AND-CLASS] a very interesting piece in the current context
Perhaps you can identify the mass base for fascism in the NE of England which voted so overwhelmingly for Brexit? Actually drove the fascists of the streets in the 1930s. Nowhere was the industrial working class a base for fascism - not even Germany. And of course financialization has been going for years but in complex systems things change suddenly and radically - there are to use the jargon tipping points. We are at one now. I have had real problems with Fraser in the past, far too into identity politics. One of the interesting things is that she sees what is going on and says what she sees. Speak as you find.
David Byrne
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From: To complement the journal 'Capital and Class' (ISSN 0 309 8786) [[log in to unmask]] on behalf of Andrew Kliman [[log in to unmask]]
Sent: 07 January 2017 03:21
To: [log in to unmask]<mailto:[log in to unmask]>
Subject: Re: a very interesting piece in the current context
The problem with what Fraser and others like her say is that they assume, without evidence, that a mass base for proto-fascism in the US is a reaction to "neoliberalism" and (progressive) "financialization." Actually, it's been there all along. It definitely predates "neoliberalism." I'm old enough to remember.
The other problem with their assumption is that "neoliberalism" and "financialization" describe processes that have been going on for decades. There's something definitely wrong about attempts to explain Trumpism as a sudden delayed-for-decades response to that.
From: To complement the journal 'Capital and Class' (ISSN 0 309 8786) [mailto:[log in to unmask]] On Behalf Of BYRNE, DAVE S.
Sent: Friday, January 6, 2017 6:27 PM
To: [log in to unmask]<mailto:[log in to unmask]>
Subject: Re: a very interesting piece in the current context
Labour won the 1951 election on the popular vote - biggest proportion of voters for one party ever in any UK election - but we still got 13 years of the Tories.
Of course the US election system is biased but Clinton lost the mid West Rust Belt and that is why she lost the election. The counties that went for Obama last time and for Trump this time demonstrate pretty well that the New Democrats - much like New Labour in character - lost formerly unionized deindustrialized areas and hence states. The devil is in the detail
David Byrne
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From: To complement the journal 'Capital and Class' (ISSN 0 309 8786) [[log in to unmask]] on behalf of David Lowes [[log in to unmask]]
Sent: 06 January 2017 16:39
To: [log in to unmask]<mailto:[log in to unmask]>
Subject: Re: a very interesting piece in the current context
Not sure how the thesis fits with the fact that Clinton actually won the popular vote; not to mention the antiquated vagaries of the electoral college system ...
From: To complement the journal 'Capital and Class' (ISSN 0 309 8786) [mailto:[log in to unmask]] On Behalf Of BYRNE, DAVE S.
Sent: 05 January 2017 14:58
To: [log in to unmask]<mailto:[log in to unmask]>
Subject: FW: a very interesting piece in the current context
Hi All
See this by Nancy Fraser on the end of Liberal neo-liberalism. I thought it was really good and am passing it around.
https://www.dissentmagazine.org/online_articles/progressive-neoliberalism-reactionary-populism-nancy-fraser
Regards
David Byrne
