Saturday, October 10, 2015

The politics of Nirvana

Interesting article here on the politics of fantasyland.

Key extracts:

"In a paper from 1969, the American economist Harold Demsetz distinguished between two approaches to public policy: the “nirvana” approach, and the “comparative institution” approach. The former presents the choice as between an ideal norm and the imperfect existing arrangement; the latter as between alternative, real world arrangements, imperfect and less imperfect"

"Ideals are necessary, but so are plans, and the most admirable idealists are also cold-eyed realists. Abraham Lincoln didn’t think it was enough, as some of the abolitionists of the north did, merely to shame the slavery-supporting politicians of the south. He trimmed and hedged and compromised his way towards abolition. Martin Luther King was not the airy figure of myth, but a highly astute politician and campaigner who out-thought and out-manoeuvred his opponents. He had a dream, but he wasn’t content to live inside it."

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