In “Celebrating Consumption,” Sasha Lilley (“Against the Grain”) interviews (and clarifies) economic historian and “residual marxist” James Livingston’s study of the structural problems of capitalism.
Lilley’s clarifications are integral to this discussion, because Livingston’s project seems to be taking Marxism and rebranding it and making it palatable to Cold War-scarred, pro-capitalist and Judeo-Christian Americans. While this ambition I think creates problems in his diagnosis, on the other hand, it must be said that Dr. Livingston nonetheless seems to be a remarkably gracious gentleman and a scholar. For now, I think it would be unsporting to begrudge him his reframing experiments.
Private investment is not key to productivity or growth in capitalism
Private investment is not historically key to increasing productivity, to growth in the US.
Private investment has been atrophying since 1910.
What has increasingly promoted growth is consumer spending, government spending (officially classified as investment), residential investment.
Against Brenner, the problem with the decline of manufacturing in the US is not the loss of productivity, but the loss of wages and unions, leading to the maldistribution of income and wealth.
In view of the historical evidence (private investment atrophy), what happens when we drop the assumption that private investment is key to growth? What kinds of policies can we work on that move us out of crisis mode?
Livingston’s use value-exchange value discussion (TBD)
To get to innovative policy formation, we need to address a cultural block. Livingston: to advance structural development, we have to address the moral question. We need to move from attaching income to waged work to attaching it to need. The cultural revolution Livingston advocates: Making things should not be so important. “People deserve an income that allows for a decent, humane life, that allows for freedom, mobility, dignity.”
Lilley points out that that’s communist (From each according to her abilities to each according her needs). Livingston would prefer to identify this value as historical religious culture.
Livingston observes that crisis arises in capitalism as we socialize risk but let the 1% decide everything. Where bankers won’t invest, we need to socialize our ability to use the tremendous store of wealth.
Toward market socialism: We collectively decide, will this investment create the kind of jobs that afford everyone a decent, humane and dignified life? Use value re-enters politics.
Talk About Repression: Weber! Nietzsche! Freud! Anybody but M__x!
Crises are problems internal to the economic structure. According to Livingston, the problem is the distribution of income. There is too much surplus capital. Crisis is not a problem of money, monopoly, the Fed’s choices, or morality.
Here is Ehrenreich’s alternative theory on what needs changing in US culture (elite belief in and reification of a “culture of poverty”)…that I think could get us to a rational approach to work and distributive justice. (It also contains of story of how neoliberalization happens to good socialists who just want to be heard…but at what a price.)
2nd part of Livingston’s book: It kind of goes off the rails
It is Livingston’s market-aficionado thesis that commercial culture is liberatory and solidaristic. Commercial culture is disfigured utopia, but tells us that after work is when we become unalienated, and advertising reminds us of that. Livingston feels that this is culturally important because work should not define us. Basically, commercial culture, he feels, can lead to libidinal liberation.
Lilley reminds us that advertising touching on and co-opting desires isn’t the same thing as unleashing desires. We can contrast Livingston’s capitalist dichotomy, ascetic Protestantism / libidinal carnival, to Marxist Epicureanism. Elaine Scarry’s The Body in Pain is much, much better than Livingston on the psycho-social / cultural theory of work and making. Perhaps because she’s not afraid of M__x.
Purchasing commodities is social, Livingston insists.
Citing consumer movements, Livingston argues that consumption does not negatively impact the environment. If consumers have requisite income, then they reduce their footprint (modified Bruntland argument). That is not a strong argument, see Jevon’s Paradox, ecological footprint/slaves analyses. I don’t know why anti-austerity should entail abandoning the headway the Left has gotten from Red-Green coalition-building. That seems unstrategic.
Another Anglo Fabian in want of a Marxist backbone?
Livingston’s arguments can at times seem to be overblown sophistry or excessively solicitous of current hegemons. But he’s trying to do interesting things, seeing ways of looking at capitalism’s problem institutions (the capitalist Protestant Ethic abstemiousness/libidinal commodity consumption–which he doesn’t recognize as intertwined) as potential sites of market socialist development. I think though that James Livingston would be more effective if he re-read Scarry, picked up Dawson, checked out Epicurean ethics, and if he engaged Sasha Lilley as his co-author.
…Or maybe I just need to write an article on the Marxist approach to making / unmaking, production and consumption, as an alternative to the austerity dogma. Eureka.
“Such discrete, theoretically-unintegrated critical impulses attacked the irrationality and inhumanity of capitalism. The common aim was to reform it piecemeal into a more rational and human social order in which inequalitites of wealth and incomes would be drastically reduced and democratic rights extended and substantiated, and in which the still-marginalised and -alienated working class would be integrated into the political system. In a(n Anglo) cultural landscape dominated by laissez-faire Liberalism, these concerns made a shift from individualist to collectivist thought a ‘necessary intellectual adjustment’ on the part of the more socially conscious liberal intellectuals. This was the common temper of the New Liberals as well as the Fabians” (Desai 1994: 47, describing the conservative Anglo inteligensia’s tepid and temporary “radicalization” to Fabianism in response to working class disruption).