Re: <nettime> Are we in 1935 Germany or 21st Century Netherlands?

[<lennaart@hofilms.co.uk>]

On Mon 27/06/11 16:57 , Florian Cramer  wrote::

> I would put it differently: It's a politics of conservative
> resentment mixed with politbureau capitalism.

Ramsey Nasr put it actually quite nicely in his speech on Monday -
loosely translated: "Combine the market with resentment and you get
the recipe for the policy of the current Dutch government" Dutch text:
http://www.volkskrant.nl/vk/nl/2676/Cultuur/article/detail/2458831/201
1/06/28/Oproep-van-Ramsey-Nasr-aan-Mark-Rutte.dhtml

Except that this market is indeed far from a free market. Fernand
Braudel's idea that the accumulation of capital inevitably distorts
so-called free markets chimes nicely with the contemporary idea that
certain - mostly financial - institutions are now "too big to fail",
all in the name of "maintaining confidence" (of ratings agencies and
other big financial institutions of course).

I think what's happening in the Netherlands is that the language of
resentment is deployed in the interest of indeed a kind of monopoly
capitalism, but a monopoly capitalism in which the state plays only a
subsidiary role: to extract value from the general population in order
to keep those ships afloat that are "too big to fail". Everyone else
can get eff'ed.

Len






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