Mining Polanyi

“The danger was to the single enterpriseโ€”industrial, agricultural, or commercial insofar as it was affected by changes in the price level. For under a market system, if prices fell, business was impaired; unless all elements of cost fell proportionately, ‘going concerns’ were forced to liquidate, while the fall in prices might have been due not to a general fall in costs, but merely to the manner in which the monetary system was organized. Actually, as we shall see, such was often the case under a self-regulating market.”

-Karl Polanyi in The Great Transformation, on the danger of the financialization of society and the fiction of market self-regulation

Conserve

Yes. Being dubious of censorship, not supportive of left-sponsored oppression, being against “feminist” abuse toward and cruelty to sex workers doesn’t make me a conservative.

If it’s conservative to want billionaires to have their wealth redistributed, to support a job guarantee for everyone, to wish for reparations for slavery and Jim Crow, to mandate that corporate boards be 50% women,ย  to support Medicare For All effective immediately, and to end all U.S. wars and close all overseas bases, then shit yeah, I guess I am a conservative.