Marx, Neoliberalism, and the 1619 Project, with Phil Magness - podcast episode cover

Marx, Neoliberalism, and the 1619 Project, with Phil Magness

Jun 01, 202345 minEp. 425
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Episode description

Phil Magness of the American Institute for Economic Research (AIER) is one of the most productive—and provocative—working scholars today (with emphasis on working, as his output is prodigious).

This classic format episode features Steve Hayward and Phil in a one-on-one conversation about three of Phil's major areas of current research, starting with his co-authored article that breaks new ground in the history of Marxism, "The Mainstreaming of Marx: Measuring the Effect of the Russian Revolution on Karl Marx’s Influence," published recently in the Journal of Political Economy, one of the premier journals in economics. The article is causing heads to explode on the left, which means he must have hit a nerve.

From there we talk about the history of the intellectual left's favorite epithet today, "neoliberalism," but also about how the term has been embraced with almost the same pejorative meaning by some leading thinkers on the right. Is this a good idea?

Finally, as Phil has been one of the pre-eminent critics of the 1619 Project from the moment it first appeared four years ago, we catch up on the latest iterations of that popular leftist propaganda effort.

Everyone should follow Phil on Twitter, @PhilWMagness, and you'll see how he lives rent-free every day inside the heads of leftists.

Transcript

From Powerline blog dot com and produced by Ricochet dot Com. This is the Powerline Show with your host Steve Hayward. In a just world, Phil Magnus would have an endowed chair at Harvard or Yale or the University of Chicago or someplace like that. But we don't live in that just world for reasons that

everyone knows. On the other hand, by not being in one of those traditional academic jobs, Phil doesn't have to spend a lot of his time in faculty meetings, on committees, creating papers, and teaching classes, and that may help explain his prodigious output from his outpost as the director of Research at

the American Institute of Economic Research in Massachusetts ai ER. By the way, are the people who brought you the Great Barrington Declaration about COVID, which has been fully vindicated, despite the best attempts of Anthony Fauci and the rest to demonize it and suppress, actually in censor the authors of that document. Now.

Phil is one of my favorite persons to follow on social media because he drives a lot of people on the left absolutely out of their mind, and in particular, he is I think more responsible than anyone for disturbing the reveries of Nicole Hannah Jones and the other champions of the sixteen nineteen project with his

meticulous work showing their errors of fact and interpretation. I want to talk to him about his most recent article in the Journal of Political Economy, one of the premier journals of the field, along with his co author Michael mccaulvey,

called the Mainstreaming of Marx. And what's interesting about this article is it is that Phil and his co author Michael discovered that Marx was a very marginal figure through much of his life and in the late nineteenth and early twentieth century, and it was only the Russian Revolution that revived Marx and propelled him into the fame as an intellectual leader of the left that we all have known ever since.

Now, for some reason, this was greeted with outrage by people on the left and even a few on the right, and therein lies a tale. In addition to walking through this subject, we talk a little bit about neoliberalism, which is another puzzling phenomenon that began chiefly on the left, but as also finding some followers today on the right. And that makes for a

very head spinning experience right now. And then finally we check in briefly with what the latest is the sixteen nineteen project, which simply won't go away despite its obvious flaws and bad faith. And so that let's turn to Phil and have some fun, will Phil. It's great to catch up with you. You are my favorite person to follow on social media because I don't know how

you do it. And it's my frequent joke that we need some clearly, some robust, rent control because you're occupying so much space for free in the hands of a lot of people on the left, but if you on the

on the right too. But let's start with this recent article of yours that I know has been a long time in the making, just out in the Journal of Political Economy, and it's an interesting proposition which summarize it this way, and then you can correct me. It's that Karl Marx and Marxism was largely unknown by the end of the nineteenth and early twentieth century and only came to prominence because of the rough Russian Revolution, which means it was kind of

a contingent thing that we that this guy emerged as the great thinker of the left, and that seems perfectly sensible to me, but it's really upset a lot of people. So anyway, why don't you go through what you found, how you did it, and you know what listeners should know about the article. Yeah. Absolutely, So when we see Karl Marx today, we think of him as one of these giant figures of the intellectual canon, and

that's certainly how he's taught in universities. He's depending on what metric you use, usually in the top two to three most assigned authors in the philosophical canon.

He's all over the English department, the sociology department, history, philosophy, all of these major disciplines teach Marx as a significant, important thinker, quite possibly one of the most important thinkers of the last two centuries, so very very high levels of academic prestige and acclaim and attention that's paid to him. Yet if you go back around a century ago, you go back a little more than a century ago, so the turn of the twentieth century,

and Marx is a relatively obscure figure. Don't just take my word for that. You can see that attested to on the political left web. Da Boys writes that in his memoirs that Marx was almost never taught in the US universities when he went through college in the eighteen nineties. You have prominent Marxists themselves, like the Marxist historian Eric Eric Hobsbomb studies the number of copies of Marx's books that were put into print in the nineteenth century. He finds it's only

a couple of thousand copies. He's not this huge intellectual giant of his age. And I'd always been kind of curious in this question and thought of a way to look into it, to see the pattern of dissemination of Marx's works by tracking his citations over time, and very recently we've got to the point where, you know, we call it big data. There are massive databases out there that now scan millions, if not tens of millions of pages of

books. The most famous one, and almost were one's familiar with, is Google Books, and that's the corpus that we're building around. And what they've done is they've scanned like entire university libraries of books going back to the fifteen hundreds. Various estimates, depending on what set you use and what language, they now estimate that Google has somewhere between ten to twenty percent of all books ever written have been scanned in some form or another into their library, so

it's just a massive database. And when they did so, they use text recognition software to create this thing. They call it it's Google Ingram. So many of you have probably use the Google Ingram viewer. It's a fun little tool. You can see. You pull it up and say, when did Albert Einstein He's the one that they use this their standard time when did he

start appearing in the scientific journals and become a famous figure? And Ingram measures the number of times a name or a word or a phrase is used as a relative percentage of all books that were in print that they've scanned for that year, so he can see the levels change over time. I thought this is a really neat tool. And what I knew about Coral Marx is in his own lifetime there are really only two groups of people that pay attention to

them. One of them is fellow socialists on the radical fringe periphery of the political spectrum. I mean, we're talking very very small groups of a radical revolutionary active and in particular it's fellow Marxists. But it's you can fit them in a telephone booth in that era, and then the second group that starts to pay attention to him. This is a couple of years after readies.

As professional economists, they start to notice his theories, but one of what they immediately do, and really the first major economists to take on Karl Marx as a guy named Philip Wicksteed. He publishes a pretty devastating critique of them, and over the course of about five pages. These were economists after the event that we referred to as the marginal Revolution, where they figured out a

solution to the problem of value. Value is subjective based on decisions made in the margin on the moment of the choice or the exchange, not the labor theory of value, which is what Karl Marks built his entire system on. So from about the mid eighteen eighties onward, economists read Dos Capitol and all these other books that have been written by Marx. They track them down because

they're pretty obscure in that era. They read them and they thoroughly reject them, saying this is an obsolete theory and I'm not just saying people on the right John Maynard Keynes in nineteen twenty two or thereabouts Rights and essay and says Carl Marx's Capital is an obsolete textbook of no interest to the modern world and rendered obsolete pains. I mean, the giant of the economic left is saying

this about Marx's textbook. So that's really interesting. And you find multiple indicators from the late nineteenth e ory twentieth century that every time economists consider marks, they think, well, yeah, this is kind of crankery, this is this is already forty years out of date. The theory doesn't really work. They find internal contradictions, they find it cannot be mathematically acted upon. So

central planning is basically disproved on a mathematical level as well. And then by you know, about the nineteen tens, every economist that considers it they view it as like a curiosom of history that there was this guy that wrote a really radical socialistic theory of labor economics, but nothing of it holds together.

And that's where things stood in about nineteen sixteen. Yeah, you know, I think it was certain things come back to me now because I'm you know, I gave up on Marx thirty years ago when I thought Marxism was over after the Cold war ended, and now it's all come back in new and different forms. But I think it was the British, the left wing British figure R. H. Tawney who said once Marx was the last of the schoolman, meaning the scholastics of the Thomas aquinas Erah, And I guess the

same reason, right. I mean, no modern economist I think thinks that the medieval theory of the just price is something that could be calculated, holds any sense, right exactly. And as Marx kind of reviving that in a new Galian basis that yes, you might say, so, all right, so what what what lenin comes along? Is it? That's almost that's simple. Got a really interesting pattern. I'm looking at the ingram data that comes

out of the Google book scans, and you see Marx's name. It's just kind of piddling along there for a couple of decades after his death, not really growing in very substantial ways. It fluctuates year to year, and maybe that coincides when a new translation came out and things like that. But he's a pretty minor figure relatively speaking in that period, and then in nineteen seventeen it just skyrockets. References, citations, mentions of Marx and other books just

take off. It's like overnight it triples, and then it goes off to the races from there. So we track it out for about a decade after nineteen seventeen, and you just see this clear upward trend. So I think that's really interesting that Marx is suddenly this figure that everyone's talking about, and

he starts to surpass other prominent figures in his age. So when Marx is writing and then the decades after his death, a fairly obscure economist today, but who was much better known in that era as Henry George, right American thinker. We don't teach Georgia's economics except in very specialized programs today, but in the late nineteenth century he's a prominent figure and he cited a significantly higher rates than Karl Marx. Well, Marx passes George shortly after nineteen seventeen.

Then he starts getting up into like Adam Smith, territory and some of the more famous names that we do recognize. So what happens is we've got this theory that Lennon through the Bolshevik Revolution, which is premised on disseminating marks and acting out Marxist theory really put someone to the mainstream intellectual map and has been

off to the races ever since. So our big test, as we built this database out of data, we mind out of Google Ingram for a two hundred and twenty six other authors out of the intellectual canon, people that were either contemporaries of Marks or going all the way back to the ancient world, so Aristotle and Plato and stuff like that, And we calculated all of their citations year by year and we fit them into a model computerized algorithm that's a

really sophisticated supercomputer type analysis. It's called a synthetic control model. And what it basically does is that algorithmically fits all of these other authors. It takes composites of their citations, is tries to find the other ones that track Karl Marks between his death in nineteen sixteen, and it gets a very precise fit line to that. It's a composite of several other figures that were his contemporaries,

weighted don algorithmically by the computer. The computer assigns the weight, so it takes some of the biases out of that. And what you can do is if you can create a strong fit line prior to nineteen seventeen. You can project forward to what marks his citation pattern would have looked like had Lennon

Night on his way to Saint Petersburg or had ever staged the revolution. And we find this, and you know, the two patterns are one is the real marks is shooting off to the sky, It's like a rocket ship. And then the regular, this counterfactual synthetic marks, it's just continues along at this slow, steady, low citation, relatively niche kind of obscure figure face, and you look at the composites of it and synthetic marks, the counterfactual

marks. It's actually composed of his other nineteenth century socialist competitors. Yeah, it's contemporaries. It's Ferdinand Lassalle, Johann Carl Rodbertus. And you know I mentioned these names your views, unless they're really into the history of economic thought, they've probably never heard of these guys. Yeah, I mean right, he'd rank down there with foyerboxes exactly that type of thing. Yeah, they're there are specialists that study them today, but they're not the single most assigned

textbook and right in university courses. Right well, now, the odd thing to me is, so this is a straightforward quantitative exercise. It's a lay person can I mean, what you just said about your algorithm may lose a few people, but the conclusion is pretty straightforward and easy to grasp. And what's amazing to me is that a lot of your I wouldn't even call them critics because they don't even engage the argument. But a lot of people on

the left are losing their minds over your argument. And I don't. I have a theory ast why, which I'll share with you. But but what what's going I mean, why why would that be upset at this? Who cares? If leave the boost of marks? What's what's behind this outrage? Right? Right? Well? Like a friend joke to me is this would be again to a free market economist being upset that the inflationary crisis of the nineteen seventies boosted Milton Friedman's citation, Right, guy, I hear that as

Yep, that kind of makes sense. Uh. It made Freedman very prominent because he's one of the critics of the inflation. Uh. But yeah, they the reaction was like this visceral gut um rage that burst out on you

know, of all places. It's on the Twitter sphere. They see the paper, they kind of read the abstract, they object to the conclusion, don't bother to really investigate the paper, and then we just get this uh venomous often profane assault uh coming from these journalists Twitter types on the on the center left and then uh to the far left in many cases, and they're

just raging and in fury at our results. It's like, well, how dare they suggest that the great Karl Marx was fairly obscure prior to nineteen seventeen? And you know, we never claim that nobody cited Marks prior to nineteen seventeen. In fact, in the paper, we trace all these economists that refute them. But he's a niche subject, and we also trace these competitors that engage with them. So Robertis who's a composite donor to the counterfactual.

Not only was he like a contemporary, but his followers viciously feuded with the other Marxists for who got to be the dominant socialist. And Robertus's followers accused Marks of plagiarizing the theories or post value from them. So they hate each other, but they're at the you know, they're contemporaries at roughly the same segment of society that they're competing for the attention for. So we never claimed that Marx was completely unknown. We just say he's relatively obscure. And they're

furious about this. And I think one of the reasons here is it gets into some of the psyche of the post nineteen ninety one Marxist revival that we've seen moving on the Academy through today. Yeah, okay, uh so, yeah, so what happened in nineteen ninety one that was really like the nail in the coffin that discredited Soviet state Marxism. It discredited the whole Leninist Stalin

Bolshevik experiment. Of course, the hundreds of millions of bodies that stacked up in his wig didn't help that either, But it was a you know, like a final note in a really bad chapter of human history. But the Marxist today, if you ask them, they'll say, well, Lenin and Stalin, we're not true Marxists here. That one's whole pot was not a true Marxist. Castro was not a true Marxist. Now was not a true Marxist. So every time a Marxist seizes power and commits mass atrocities. They

say, well, it's not true Marxism. And I think that you have among intellectual leftists today, and these are the people that were outraged at the paper. So it's a subset of Marxist today, but probably probably the ones that are most associated with the academy and journalism. They are furious because one of the implications of our paper is if Lennon is what puts marks on the map, Lennon is now necessarily a part of their own intellectual heritage. And

they don't know. Yeah, they don't like that baggage. There's another subset of the Marxist So it was a really curious reaction. We had like fifty percent of Marxists and leftists, that's our paper, We're furious and how dare you insinuate that Marx got his fame from Lenin This is an outrage. We actually adhere to the pre Leninist march, which is the truth, well mark.

But then there's the other fifty percent, so which I guess with the kind of the old school Soviet Marxists, and they're like, why is this paper even published? This is uncontroversial we've known this for decades. Yeah, well, you know my theory is U have a twofold theory which you, as a more quantitatively orient and the person than me, may or may not think is right or full. It's for the left. The two parts of this, I think a lot of leftist academics are deeply intellectually insecure people.

I can say more about that going forward. But that connects to the bigger problem point number two, which is what was that? Was it? One of those French thinkers forty years ago had the book whose title I think translated was from Mars to Jesus or Jesus to Marks. I mean, yeah, for the modern I don't ever read maybe i read it, I don't remember it now, but just the title vaguely in my head. You know, Marx was the gospel, I mean literally the gospel for you know, for

lack of a better term, to the secular left. And to now say that his prominence is owing to complete historical accident and contingency with someone of the dubious legacy, as you just point out, I think it is shattering to them. Yes, so, I mean that's my theory. And but then I wanted to work the other side of the street, which is when you

first started. As I recall rolling out drafts of the paper and talking about this, I think you attracted some fire from the right, from some libertarians, and I'm like, what, So walk through that a little bit. And as the theory there that some people on the right need a villain, and if you downgrade marks from the pedestal the left puts him on, it also deprives us of a villain. I mean, that seems stupid to me, but I'm trying to figure out why anyone on our team would object to

what you're finding. Yeah. So I think there's two groups there. One is exactly that there are people that think, well, Marx was the great villain of the twentieth century, therefore he must have been a big deal. Yeah. So saying that this is an accident of history just really kind of takes the intellectual heft out of the adversary in ways that they kind of feel like, hey, we've been wasting our time spinning our wheels. There's also

a subset of the libertarian movement. This goes back to some nineteenth century traditions.

Although they don't align with Marx himself, they view Marx as partially right, as like having diagnosed the inequities of society and the injustices, and because they see him as like an offshoot of the tradition that went in the wrong direction, that also means to them that they're four bearers are had it wrong to diagnose the excesses of the nineteenth century industrialization processes as something that was liberating or libertarian oriented. So ye had elements of both of those. They saw

the paper and they were upset as well. Yeah, I've just thought found that bizarre. Let's take a brief break right here to hear from our sponsors, and then we'll be back with topic number two. Don't go away. Let's move on to a related subject which also has the strange left right incoherence to it, and that is the great term thrown around ubiquitously today, neoliberalism. Yeah, so you know, neoliberal neoliberalism is I know, I think

I think maybe I saw one of your end grams about this. I think some other people have done this too, showing that it's a term that exploded into you starting in the mid to late nineteen nineties. It first comes to site as an epithet by the left who don't like and what they mean by neoliberalism is Reagan and Thatcher, Milton Friedman, Friedrick Hyaku, von mesas you know, our political and intellectual heroes. I think, uh, and and

and and this. You know, it's definitely to call someone a neoliberal is like for a conservative calling someone a Marxist or a socialist. Right. So anyway, it walks with a little bit of the history of this, because I know there's an earlier parts of all this, and then I also want to get to the way it's emerging and being embraced by the right lately, which is sad. The second question, give me your sort of quick summary history of you know where the termy murders? Where does come from? Something

like that. Yeah, so I've got an article digging into the deep history the etymology of the term. We're at birst of the scene, as you noted. Uh, you can see this in google ingram again. So I love playing around the data. It's early, not into like the mid nineteen nineties that this term that almost nobody had ever used before suddenly becomes the thing. It's the standard insult for everyone on the left to refer to anyone in the free market tradition. And it turns out if you dig a little bit

deeper into that, there's a very specific reason. And the reason is that's when the French philosopher Michelle Fuco his lectures which were recorded in the late nineteen seventies, some of his classroom college lectures, they were translated and started to peer in print, and in nineteen seventy nine he gave a series of lectures

on what he called the subject of neoliberalism. And this is, you know, it's some interesting read, complex take on the subject, not quite the dumb down version that you see today, but this is what gets everyone interested in and it takes off in the nineteen nineties. Is clearly an aftermath of Fuco being translated and people liking Fuco for other reasons. They find this and aha, he's onto something. But the lectures themselves are about a much earlier

event. It's a conference that occurs in Paris in the nineteen thirty eight. Yeah, the Walter Lippman Colloquium. And what Fuco had done, and he had been digging through some artis he finds the transcripts of this conference in mess and Hyak and all these other major figures of the interwar era free market scene were at this conference, and during the course of the conference, they bantered about what should we call ourselves as a movement. I think they sort of

end up on what we referred to as classical liberals today. But someone raised the point said well, maybe we should call ourselves neoliberals, and they talk about it, they debate it, and the conference ultimately rejects it. So in nineteen thirty eight they talked to the term neoliberal, but they reject it. And I'm reading this and I started digging and said, well why did

they reject this term? What turns out it has an earlier history. So the conference proceedings have been printed in English, and I think some of the original were in French. But they involved a lot of thinkers like Yak and Mess that are native German speakers and come out of the Inna Austria as their training. So I start looking in some of the older sources and ask the question did neoliberalism have a prehistory in German language? And it turns out it

does. I go back to the nineteen twenties and start researching some of the debates over free market and marginalist thought and you find out some something really interesting. The first is that a group of Marxists in Austria started using the term neoliberal to specifically refer to Mess as this term of pejorative derision, and they

said, he's a neoliberal, is distinct from a classical liberal. And the gist of their argument was that mess had tried to revive the old liberal economic doctrines from the successful assault that Marxism had made on it that was then ascendant because of Vladimir Lenin. So bring this kind of full circle. They're saying, classical liberalism predates Marks, Marks successfully proved it was wrong, and here's this Mesas guy that's trying to resuscitate and bring life back into it. So

he's now the noilib rule figure. Neoliberalismus's is one of the permutations of the term. And there are even articles that appear in the Marxist newsletters that say, Ludwig von Mesas noia liberal. Yeah, using this as an insult. So this is in the early nineteen twenties, and almost simultaneously, Mess has this rival on the faculty at the University of Virginia of Vienna. University of Vienna where he teaches that comes from the far right. It's a followed by

the name of our at marsh Spawn. I've never even heard of him. I've heard of most of these people, but not him at marsh Spawn, and they're they're like legendary rivals on the faculty, the guys that would would get up and shout at each other in faculty meetings because they hated each other. Mars Spawn's interesting because in several Mesas his later books he starts referring to him as the Nazi philosopher At march So Spawn wrote one of the most popular

German language economics textbooks in that era. It was published in something like twenty different editions, and the addition that came out in nineteen twenty four, it's right as this insults being used, he adds a new chapter on the Noia liberal school, the neoliberal school, and it's talking about his rival in the department Mesas and talking about some other departments that were aligned with that, with the free market thought. So it's it's really critical assessment and he popularizes the

term because this is one of the most commonly used textbooks. Of what it comes down to is the pejorative originated in the nineteen twenties as a mutual term of disparagement by the Marxist far left and the proto Nazi, proto fascist right market guys in the middle. Yeah, so no wonder, you know, Lippman and you know von Nieces and High wouldn't and others would not have wanted to embrace that term for themselves in late nineteen thirties. By the way,

you probably know this. I don't remember which history of the mont Pellern Society I read this in, but there was a whole account of that nineteen thirty eight meeting. It was either Angus Bergen's book or the Steadman John's book. I read them both, and they talked about how that was going to be kind of that became ultimately the montpeller And Society. Yeah, after the war. People returned after the war and right, right, but you know,

the war got in the way. But they were getting together in the late thirties because look all around them they saw either New Dealism, you know, mild socialism or hard socialism advancing everywhere. Right, Okay, um, you know interesting intellectual history there, all right, So the term has been was revived. Oh well, one quick side question here that since you've read it, I've heard about those food collectures. I've never looked them up myself.

I have heard it said or claim now and then that he was expressing in his late years before what he died in eighty three eighty four, he was expressing some sympathy or interest in agreement that indeed correct libtarianism. Is that actually in there, it's like food co started as a Marxist, took straight out of the mid twentieth century Marxist tradition, and he starts to have some qualms with that. And there's uh, one of his observations that he makes.

It's like, why does every society that claims to be built on Marxist principles and in genocide? Yeah, he says, we need to be asking that question. Is there something about Marxist ideas that always veer down the same path of mass atrocity? Interesting? You know, to put a pin on this for now, and we want to talk about this again someday down the road.

But there are a few people like my political philosopher friend Glenn Elmer's, who were starting to say, you know, we shouldn't be so hasty and rejecting FUCO in total, partly for this particular aspect, but partly for a couple of others, and we'll leave that aside for now. I'm just curious, since you've actually read through this, all right, let's so we know

how the left is using it. It's ridiculous. But in the last two three years, I've noticed that a number of people on the right, series people some friends of mine, are starting to use the term neoliberal in almost exactly the same sense as the leftist do, which is now, it's one thing if you don't like, you know, Swedish style corporatism or what might be called state capitalism, and you know, the rent seeking, it's a

lot of what they are calling neoliberal economics is the kind of things the public choice theory has been after for a long time. Okay, but I don't know. This also bothers me a bit. It seems to me that I'm not quite sure I even go to a question on this, but what do you make of the fact that so many people, you know, on our side of the spectrum were suddenly using the term the same way the left is used it. This worries me. Yeah, it's a new trend on the

political right. Uh. You know, the mid twentieth century to the present or very recent political coal is should have always been kind of the free market libertarian economics had united with the anti communist strain of American conservatism. You know, the famous version of was Frank Meyer's fusionism. William F. Buckley built the philosophy around it. It's free markets and a free society of American values

that used to be the coalition of the broader political right. And what we've seen in the last couple of the years is portions of the political right are starting to jettison the free market component, the economic component, the libertarian component,

and they even some subset of them. They make the argument that economic classical liberalism led the right astray, and we need to replace it with a more robust industrial policy, tariff's trade protectionism, all of these packages of economic intervention that are supposed to bolster up American towns and the rest belt and in society. And their claim is that it's the free market economists that cause the political right to be weaker at the polls and to lose elections, and that

they want to jettison. That's kind of a move to outflank the economic interventionist left, and they'll say, well, we need an alternative industrial policy that stops Bernie sanders By will capture the issue. So a lot of that's burst out of the scene. And in the wake of that, they've also started to attack a free market economists by using the same terminology that the Marxist left does. So what you've seen, and this has been really pronounced. I

see even just the last few months. You can google it and you can see in conservative leading publications they start ranting and raving about the neoliberals. Now we need to jettison the neoliberals from the movement. And you start reading this and it is almost word for word like a Marxist conspiracy tract. Yeah. I mean, you even see that phrase used in some articles in National Review, which I think would make William F. Buckley roll over in his grave.

I mean, I'm so old. I like to joke I'm now so old. I get to begin a lot of sentences as I'm so old. I remember and in nineteen eighty four, Walter Mondale ran for president on a platform of industrial policy, and there was unanimous on the right that this was just socialism, This is just a euphism for socialism. And so now I'm asking some of my friends saying, so, you know, Mondale just died a year or two ago, sweet man, personally, can he be the

Republican nominee for president now? Because I don't see a lot of details on this. It's one thing to say it's wanting to deserve that. Yeah, we've followed out the rust belt and become uncompetitive. I think it free trade is an insufficient It's an aspect of the story, but it's not the whole story, and therefore the remedies are very vague. It's just we need industrial policy, all right, tell me in detail, what's that going to mean?

Subsidies, tax breaks, trade barriers and you know, okay, it's very frustrating because it worries me when we give, even if indirectly and unintentional, if we give a sucker and aid to the radical left. So I don't know if you have any thing to add to that or not exactly. I mean, it's I like it into the old Lord of the Rings problem with the ring of power, or famously boromere gun Doors says, well,

why don't we use the ring to our own advantage? And I see some elements of the right and say, well, the socialists one of all these things, Well, why don't we co opt it and use the same thing, and we'll win elections and then we can defeat them. And they don't realize that they're basically putting us on the same path to economic intervention and destruction. Yeah, I'm not sure it's a vote winner either. I mean,

it wasn't for Mondale. Okay, let's take another quick break here to hear from a sponsor, and then we'll be back to talk about the sixteen nineteen project. A third item here, Um, you have been an absolute demon on the sixteen nineteen project from the first moment the ink drives at the New York Times. And this is one of those jobs and I'm glad you're doing it so I don't have to. But you know, Nicole Hannah Jones,

you drive her nuts on Twitter, which is fun. Even though she's blocked you, I think, right, but she'll still she every a couple of months or so rant about how horrible I am, because right, yeah again, living rent free and congratulations and all that. But you have been watching what she's got a documentary going on one of the streaming services, I think, and I think one of the networks is who and then they aired it earlier this week on ABC. Is that it? Yeah? So, I

mean, I don't know. We could go on a long time about all this, and we don't we don't want to go on a long time about

it. But what are two or three you know, new things or things are looking at are especially egregious aspects of the story assets in play at the moment, well the major when if you remember, all the way way back in twenty nineteen, when the original version of the project came out, Nikolehanah Jones got pilloried in the press for this claim that the American Revolution was premised, at least in a large part as a defensive action of slavery against the

British, that We're supposedly going to come in and free all the slaves or something, right, and that this was as a weird claim, it was not very well sourced, if anything, was based on a bad reading of some very French history. And then a couple of months after the original came out the New York Times, his own fact checker, who was a historian, kind of broke her silence and says, I warned them not to make this claim, and they didn't listen to me. Yeah, so it was

a bit of a scandal. It was all in the middle of the Pulitzer Prize season, and the New York Times had to real quietly kind of walk back the claim. They made some modifiers and said, well, only some of the revolutionaries cared about slavery, and really watered it down. But Nicolehanah Jones has never given that claim up, and what she's done ever since then has tried to backfill and restore the original assertion by cherry picking bits and pieces

of the historical literature. And once you get in this new Hulu series, the one that's showing on ABC this week broadcast a national audience, is the very first episode digs in at the beginning and tries to resuscitate this claim. And they go to colonial Williamsburg in Virginia as their location where they're filming. So they're standing there and among all these historic buildings, and they have the

reconstructed Governor's Palace, the colonial British Governor's Palace. If anyone's been there on a tour side, it's like the centerpiece of the whole park and they're sitting there on the lawn of the Alice filming and one of the claims that she has used to bolster this notion. The governor of Virginia, the last Royalist governor of Virginia, is Lord Dunmore, and he's very famous for getting chased out of Williams Byward. Basically, he tries to declare martial law in the

colony. There's there's just a very heavy set of conflicts. And what happened is in November seventeen seventy five, he issues this proclamation that says, I'm raising a militia to put down the revolt in the colony, and any black person from a rebellious plantation owner who makes this way to my lines and joins my militia, I'll give you your freedom. He tries to raise the militia of freed slaves, offering them their freedom. So it's a military tactic.

And Nikolehannah Jones sees this and says, Aha, see, Lord Dunmore was going to free the slaves, and this is what drove Virginia to revolt. Of course, this is anachronistic. It turns out that the rebellion had already been under way for the better part of the year. The Lexington Concourt is April seventeen seventy five. This isn't until November. And what's even she doesn't even have the chronology stretch, She don't even have the chronology. And I

guess even more. She's sitting at the on the grounds of the Governor's Palace and Williamsburg and talking to this historian and they point at the building and say, this is proof from that building there that this edict of emancipation was about to be issued. But she doesn't tell you Lord Dunmore had been chased out of the colony five months earlier by the revolutionary militius and was living on board

a ship out in the Atlantic Ocean. He had lost control of his colony, and this is like his last ditch effort to try to retake Virginia. Not only that, she doesn't tell you that Lord Dunmore himself is a slave owner. So the first thing he does when he gets chased out of Williamsburg. This happens in June seventeen seventy five. The militias are converging on the city and they're furious at him, not because of slavery. They're furious at

him because he sees the colonies gunpowder stores. Yea, this is kind of in the it's almost simultaneous to Lexington and Concord. He seizes the gunpowder stores to prevent them from revolting, tries to ship them off in the middle of the night, put them on a British warship, and gets caught. The colonists catch them red handed, and they're furious and they start descending on the city to hold him accountable, saying like, why are you stealing our gunpowder?

Well done? More flees in the middle of the night. In June seventeen seventy five, he takes all of his money and all the valuables out of the governor's palace and he takes all of the slaves from the governor's palace

that he owns and moves them to the plantation up the river. And over the next several months he's sitting there on the ship out in the river, British warship, and he keeps having his rowboat take him into his plantation house so his slaves can serve him this fancy dinner with all the British officers. This guy's actually like a really horrible uh person to make the banner here here

for emancipation. Uh. His whole goal was he wanted to re establish control over the quality of Virginia so he could return to his massive slave plantation and continue slavery. You know, facts are such inconvenient things, Phil, it's the problem here. And but there's a there's a broader point of this. And also like the like neoliberalism, and like your work on Mars, there's

a curious undercurrent I'll put this way from our team. And so you know, you've gone on to broaden your critique in the critical race theory, and yet there are I mean I've seen you made reference to this, and I think I've seen little bits of this. There are certain people on them I guess left libertarians we call them, who were unhappy with you for Yeah, you know, being such a full throatic critique, a critic of the sixteen

nineteen project and the critical race theory. It's bound to right. What's happening here? What's tell us about that? A little bit? Well, the gist of it is, yeah, you have a segment of the libertarian left and then other people that viewed as impolitic to raise these issues. And there's a couple of things going on here. Part of it's because Donald Trump came

out against the sixteen nineteen project. Therefore, the never Trump component they can't even be associated with anything that he has ever said, so they rejected even though you know, I've never been like a big Trump person, kind of view him as most presidents, is very claud and problematic politician. But at the same time you have this segment and the argument always kind of devolves into this weird you know, the old Stephen Colbert term truthiness. Yes, yeah,

it is real. Similar to that. They've decided that even though the sixteen nineteen project is not factually sound, the cause that it's being argued for, which is racial reconciliation, any equality, that they want the thing, they say that's a just cause. Therefore we tolerate the errors in service to the cause, because the sixteen nineteen project is supposedly on the right side of the social currents of the moment in seeking justice. So it can we can

afford to let it slip up on the facts. You know, I could I could credit that argument maybe if I thought that there was some chance it would really lead to some reconciliation and racial progress, when in fact, the effect, and I think the intent of a lot of it, it's exactly

the opposite. It's actually to stoke division. And you know, we'll see how I'll be interesting to see what our left libertarian friends say if this reparations idea gets some traction and they're actually real proposals put on the table um, because that's what it's all Awards sixteen nineteen project is going for. Because the other episode that ered earlier this week was the one calling for reparations, a

thirteen trillion dollar reparations package, right right, yeah, yeah. My prediction, by the way, is that there's going to be a fight at the Democratic National Committee or convention next summer in their platform if they have a bad reparation I'll bet the movie. Yeah, they may not have a platform, and the party's sort of drawing away from because no one really reads them in to just trouble. But well, all right, I mean we uh,

this is plenty for one day. We could talk a long time deservedly about income inequality. Absolutely, you've got the goods on pickany and z other episode on that alone, and you know, Nanson McLean won't go away. That's important. But let's get out with what do you? What do you? What's your next big project or what are you working on right now that we

should keep our eye on. Yeah, So I'm continuing to study the citation patterns and Carl Marks because he doesn't just go away after nineteen seventeen, Lennon's put him on the map. Ask the question, well, what happens next? And part of that you start to see his ideas get picked up to what we now refer to as the Frankfurt School, the Western mark Sister. All right, yeah, and that's what leads to things like critical race theory

today our outgrowth. So that tradition and you can see similar patterns and their citations picking up U in the aftermath of Lennon putting Marks on the map and then uh set some of the political and said the early in mid twentieth century. So I've got a major project where I'm digging deep into that to see what the data shows about the way that these figures developed and how do they

continue to influence the university today. Oh yeah, that that'll be a fascinating inquiry because there's so many different nodes to this that I mean, you know years ago, you know, I studied how Stalin starting the thirties cause these great splits on the left and that lead all kinds of difference and interesting and problematic directions. So I expect you will come up with something new and interesting that we haven't thought of before. Hey, thanks Phil, this has been

fun. Absolutely, thanks for having me. Well, I could go on for a long time with Phil, and we'll happen back again sooner than the last interval between appearances, because he's done some terrific work refuting a lot of the premises of income inequality that the left is obsessed with today. He also thanks by the way that cats are more likely than dogs to be communists,

which is a prejudice I strongly agree with. But I hope if you do follow social media, I have linked to Phil's Twitter address, and also I put in a link to his new article on Mars that we talked about at the beginning. It is behind a paywall, but some of you who may have access to and through academic portals and things of that kind. We'll be back on Saturday with another edition of the Three Whiskey Happy Hour, but for

now, don't forget the milkle soft power dividend by everybody. Ricochet joined the conversation

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