Archive for October, 2005

“A Transcendentalist in Political Economy”

Thursday, October 27th, 2005
Reading through William B. Greene's various essays on American Transcendentalism, perhaps the most puzzling question is: "Why does he care? What's the Big Deal?" Greene clearly looked up to Ralph Waldo Emerson, and just as clearly tried to make that respect clear, even as he ripped into transcendentalism. He was not intellectually slavish in his admirations. By 1845, when he published the first of the works on transcendentalism, Greene had already made at least one attempt to rectify what he saw as errors in Orestes Brownson's formulation of the "doctrine of life" and its consequences. Later, his use of portions of Edward Kellogg's Labor and Other Capital in his mutual banking writings amounts to a kind of gentle detournement. But the engagement with transcendentalism is more complicated, in part because he has almost nothing good to say about the "new school"—at least in the writings on transcendentalism themselves. That's the main problem with "Transcendentalism" in its various forms: it skewers the transcendentalists, but also the pantheists and materialists, while its primary argument seems to be that these are the only three options. Knowing Greene's affinity for balanced tripartite schemes, it's not hard to guess what the proper resolution of the problem is, but we are forced to guess. Rather than dealing with the transcendentalist-pantheist-materialist scheme, the essays turn to the question of the immortality of the soul and the possibility of eternal life (a part of Greene's theology I'll take up another time.)

Fortunately, tucked away in the second section of Equality, among the pieces that Greene did not choose to incorporate into The Radical Deficiency Of The Existing Circulating Medium, And The Advantages Of A Mutual Currency (the 1857 version of Mutual Banking), or any of his subsequent writings, is a short essay entitled "COMMUNISM—CAPITALISM—SOCIALISM." It begins with a familiar paragraph from the essays on transcendentalism, with just a few changes:


The three partial philosophical systems which manifest themselves in every age of the world, have been defined as follows:—

"Transcendentalism is that form of Philosophy which sinks God and Nature in man. Let us explain. God,—man (the laborer)—and nature (capital)—in their relations (if indeed the absolute God may be said ever to be in relations) are the objects of all philosophy; but, in different theories, greater or less prominence is given to one or the other of these three, and thus systems are formed. Pantheism sinks man and nature in God; Materialism sinks God and man in the universe; Transcendentalism sinks God and nature in man. In other words, some, in philosophising, take their point of departure in God alone, and are inevitably conducted to Pantheism;—others take their point of departure in nature alone, and are led to Materialism; others start with man alone, and end in Transcendentalism."

And then proceeds with a section under the header:

Transcendentalism—Communism.

Greene then provides the political equivalents of his three philosophical systems, damning them all pretty roundly, then ending with the affirmation that: "All these systems limit, modify and correct each other; and it is in their union and harmony that the truth is to be found." Here is the formula for Mutualism (according to Greene): (transcendentalism + materialism + pantheism) = (communism + capitalism + socialism) = Liberty, Equality, and Fraternity.

Everything that Greene wrote about individual components of his scheme, such as his scathing comments about socialism elsewhere in Equality, probably has to be read in the context of this need for "union and harmony." Certainly, the essays on transcendentalism must be read in that spirit.

William B. Greene’s Articles on Transcendentalism

Tuesday, October 25th, 2005
The various versions of the work on American Transcendentalism are all collated, scanned, and nearly edited and marked up for the web. The two pamphlet versions will be available later this week, but the three articles are online now:

The first two essay were condensed into the 1849 pamphlet Transcendentalism, which was further condensed into "Human Pantheism," and then revised into the 1871 Transcendentalism, which was reprinted in 1872 in The Blazing Star (probably from the same plates) with one additional, final paragraph added.

A full bibliographic essay and content analysis is in preparation.

The Mystical State

Monday, October 10th, 2005
A really great post by RadGeek on the Left's (i.e., Marxism and Progressivism) attitude toward the state. A sample:

If theres anything of real value in Leftist economic analysis, its the way that the Left insistently points out that businesses are not large automata; they are run by people, that people are limited in knowledge and are also easily corrupted when they have a great deal of power to gain at the expense of others. As a result, large corporations with critical resources often act in ways that are foolish, selfish, exploitative or destructive. If youre trying to understand the economic world while ignoring the fact that it is made of people you will always go seriously astray. But if theres one thing thats been going wrong with the Lefts economic analysis during the past several decades (basically, since the 1930s, when Marxism and Progressivism each rose to the top of the heap in the radical and reformist wings of the Left), its the way in which they have refused to apply exactly the same analysis to the agents of the State. If its vital to remember that people run businesses, it is even more vital to remember that people run the government. And that is exactly what is being forgotten, because it is covered over by the shimmering mystical glow of the State. If Leftists are willing to call out cheerleaders for business when they fetishize the anonymous, undirected forces of the market and their supposedly reliable and benign march towards equilibrium, then they had better stop being cheerleaders for the State, and stop fetishizing the anonymous, undirected rules of the government and their supposedly reliable and benign pursuit of the public interest. That aint how it works now (just pick up any newspaper) and this is the important part it aint how it would work under any government. Bureaucracies are run by fallible human beings blundering their way through no matter what the party in power is; in the government they face the same knowledge problems and incentive problems that corporate bureaucrats face. In fact, they face even more severe knowledge problems and incentive problems beacause, as agents of the government they hold a monopoly on whatever resources they control, and that monopoly is backed with handcuffs, guns, and bombs.


EXACTLY.