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Tuesday, 19 March 2013

HCJ Seminar Paper (14/03/2013)


The 1950's/60's was a time of prosperity within the USA and the developed world. The outlook was highly KEYNESIAN, as the failure of Communism lead to Capitalism being seen as a more efficient and effective way to progress. Branding and Advertising, described as the ‘drug of the nation’, was used to appeal to a person’s subconscious wants and desires, with the rise in Finance Capital paving the way for a more nihilistic outlook. People became self-indulgent, adopting smoking for example, and much more materialistic. Classic Economists such as ADAM SMITH and DAVID HUME were now obsolete as the increase in capital became the height of social worth and the purpose of existence. Bigger organisations were being set up to accommodate the necessary ‘means of production’ with America now being viewed as a “Free Market Capitalist Economy”.


A prime example of this is AMC’s TV series which follows the lives of successful, bureaucratic ‘Mad Men’ in the 1960’s that work in the business of advertising; “The Industrial System” as GALBRAITH calls it. Though appearing to be very well off, according to MAX WEBER, they are ‘victims of society’ whereby they are powerless against authority. Instead, their purpose is to perform a moral duty – they are ‘Goal-Rational’ whereby everything they strive to attain is linked back to profit; the main part of the economy that is subject to change. Instead, the ‘Mad Men’ world shows society as a “death machine”, plunging the public into a state of ‘False Consciousness’ [KARL MARX].

“In its cost and the talent it commands, this activity is coming increasingly to rival the effort devoted to the production of goods” [GALBRAITH on Advertising, PAGE 23]

As JOHN KENNETH GALBRAITH describes in his book “The New Industrial State” (1972), the “managed” society acts as a kind of “soft” totalitarianism, whereby the governing body maintains absolute control over the ‘means of production’. He was a follower of KEYNESIAN Economics, but instead believed in a fixed price system in order to maintain a state of constant “Equilibrium”. With the increase in production came the increase in capital and therefore the necessary division of labour [SMITH]. This can be demonstrated through various technical advances within the workplace, such as the copy machine, etc. This is representative of the Absolute State Intervention GALBRAITH references with organisation taking up a specialised role.

“Technological compulsions, and not ideology or political will, will require the firm to seek the help and protection of the state” (PAGE 38) 

As a firm believer in Socialism, GALBRAITH thought competition is healthy as it reflected the ‘animal spirits of the entrepreneur’ (PAGE 187) supporting SCHOPENHAUER’s idea that a ‘true’ human is a violent and aggressive monster. This outlook is characteristic of all society, similar to that in ‘Apocalypse Now’ where the killing of the dominate male by the subordinate male mirrors the survival of businesses that work in the same way; large firms with large amounts of capital dominating small firms with little amount of capital. However, it is GALBRAITH’s social anthropology that if a large firm was to dictate or, in turn stand up to the authority, then the economy would not be able to function effectively, thus remaining in a state of “disequilibrium” and ultimately leading to the malfunction of civilisation. 

604 words.


Sources:

[Image accredited to ‘Brett Jordan’. Available under Flickr CC]
[Image accredited to ‘Joe Crawford (artlung)’. Available under Flickr CC]
[Image accredited to ‘Carly & Art’. Available under Flickr CC]

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