This article is a follow on from my previous essay on the false narratives of Brexit and the wider meta-political discourses that it has shrouded. It also looks to add to some of the arguments Chris Dillow presents in his article on plebiscitary politics.
The world as it currently exists, despite the attempts at universalisable discourses and the production of narratives that are black and white in their dichotomies, is extremely complex and full of varying degrees of socio-economic knowledge. A full calculatory system that can aggregate these variable forms of knowledge and processes is practically impossible, as was seen in the failures of state socialism and in the many failures of capitalism (which requires continual subsidy to exist). These are the most important lessons of Hayek and Mises, but also the most ignored. Utopian thinking of a top-down kind continues to exist, with everyone from neoliberals to modern leftists believing that everyone is rational or believers in the universal. Things like parochialism, gaps in knowledge and complexity are tacitly ignored. Continue reading