From[Bill Williams 23 June 2004 3:00 PM CST]
Returning to the crime scene, it occurred to me that, there is a historical episode, an extended episode, that answers Rick's question.
[From Rick Marken (2004.06.23.1200]
Bill Williams (22 June 2004 1:40 PM CST) --
There has, I think, been enough accumulated experience to >>arrive at a conclusion that an individualist or subjectivist >>approach to problems in social theory and practice is >>unworkable.
What, exactly, is the nature of the evidence that an individualist or
subjectivist approach to problems in social theory is unworkable.
As an economist the era that began with the Peace Treaty at the close of the first World War, the inter-war boom, the Great Crash, the Great Depression, and the second World War provide some instructive illustrations why an individualist/ subjectivist approach to economic theory and policy is unworkable. See John Maynard Keynes' _The Consequences of the Peace_ for an extended discussion of why an individualist approach to resolving the post world war one problems was going to create even more problems. The bankruptcy that followed the speculative excesses and the Great Crash for a time took the wind out of the sales for economic orthodoxy's subjective individualism. Then based upon the adoption of a Keynesian management of the allies economies during world war two the allies won the war. There are many people who regard the collapse of Germany into fascism was the result of the chaos created by the adoption of an individualist subjectivist policy. Neither the individualist subjectivism nor the fascist collectivism (the fascist or Nazi party I believe was originally a national socialist party) On the level of world history neither of these two polar conceptions of the nature of reality appeared to supply concepts that lead to dependable results.
As a historical matter the contemporary versions of individualist subjectivism gained ground late in the 19th century with an attempt to create a doctrine that would be capable of defeating Marxism. The earlier expression of this position had its most effective theoretical expression in the works of Jerry Bent ham.
The most prominent expression of this individualist subjectivist position in the 20th century has been orthodox economics and neo-classical economics. One of the prominent advocates of this position the economist Fred von Hayek is cited with approval by Bill Powers. Cited not for his work in economics but rather for Hayek's discussion of perception. Hayek in the early phase of World War two published two papers advocating that the war be run on a "free market" basis. The third paper in the sequence never appeared. Why it failed to appear is a matter of conjecture.
So, we have a history in which the alternation between an individualist subjectivism and a collectivist conception of reality have both generated calamities. The calamities such as the consequences of the world war one peace treaty, the excesses and failures of "free market" interwar capitalism, the rise of fascism, the failures of a Marxist inspired Communism have resulted in what I regard to be a warranted scepticism concerning what many people regard as the only two sophistological alternatives available. Bill Powers consistent with his approval of von Hayek's conception of perception considers this individualist subjectivist conception of reality plausible. He connects this conception of reality with control theory-- but I have never found his arguments plausible. The factual point that there has never been an individual appears to me to be conclusive. Bill Powers has described this claim as "extremely irritating" and I expect that he finds it irritating-- it knocks the underpinnings out from under individualism. No individuals-- no individualism, or at least no rational basis for individualism. I suppose it is required that I must also explicitly disallow such creatures as Durkhiem's collective, or the "super-organic."
The alternatives to these two versions of reality individualism and collectivism is to use control theory and construct a third conception of reality in terms of "community." This notion of community, contrary to both the individualist and the Durkheimian collectivist conceptions has an factual basis-- as a historical matter there have been human communities. In contrast there has never been an individual or a collective in the Durkheimian sense. This doesn't mean that many people have believed in and acted upon the ideas of individualism or collectivism-- these doctrines have been and still are real in the sense that they have consequences. I think they have consequences on the CSGnet, even though I believe that both are equally dysfunctional.
In the CSGnet connection the results of a close adherence to an individualist position may have been Bill Powers' inability to comprehend the Keynesian system. Even the most able orthodox economists eventually adopted the Keynesian formulation, which indicates to me that they were more of the nature of pragmatists and economists than doctrinaire individualists. When a Milton Friedman found it possible to adopt the Keynesian income/expenditure scheme, I would never expected that Bill Powers would be unable to see how the Keynesian theory was constructed. The main difference in regard to economic realities in the 20th century has been the divide created by the chaos, economically and then in terms of a second world war that resulted from the attempt to apply an individualist economic doctrine and then the shift to a Keynesian anti-individualist, and equally anti-collectivist policy. In regard to economic realities there is a world of difference between the results of the "free market" individualist neo-classical economics of the early 20th century and the Post-Keynesian economic world.
As I see it the entire sequence of events during the 2Oth century-- the first world war, the economic instability an collapse of the Great Crash, and then the Great Depression, followed by a Second World War, and then by something, at least in comparison, by the relative economic stability of the post WWII era can be understood in terms of the chaos which the doctrine of individualism generates. I would rather not discard the costly lesson that this experience can provide if we pay attention in a wider context to the implication of ideas such as individualism. (Not that I am in any way a collectivist.)
I am please to hear of Bill Powers' decision to abandon his efforts to create a PCT economics. If his argument that sending people to Mars wouldn't cost anything is an illustration of the conclusions that the application of PCT principles lead, then his efforts would be better expended in work that is less susceptible to ideological confusions.
Bill Williams