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- Feb 2021
Keynesian planning and neoliberal privatization drives are superficially quite opposite tendencies. Yet deeper down they share the view that a thin formalism, based on aggregate statistics like inflation, GDP growth, output, interest rates, etc. as defined in the theory, are enough to process the wide range of social feedback necessary for sensible political and economic decision-making.
Great example how seemingly opposed frameworks nevertheless participate in the same "technocratic" discursive formation.