Punchinello’s Chronicles

May 8, 2009

Feelings-Based Economics, Values, and Reality

Filed under: Surely a Jest? — Punchinello @ 1:19 pm
Tags: , , ,

For years, conservatives have understood that a key, defining characteristic of liberalism is the belief that feelings and emotions create reality. Liberal ideology rests on the fundamental concept that all of existence is subjective. If you feel good about things, you create a good life. If you wish hard enough, you’ll have everything you wish for. There are no rules of reality, no absolutes, no logic, and no cause-and-effect results.

Many people think that’s either a simplistic view of liberalism, or that it’s simply ridiculous. Read on…

What a feeling: how emotions may yet save the economy

By Chrystia Freeland
Published: May 7 2009 20:35 | Last updated: May 7 2009

An influential Democrat who was also one of the world’s top-ten, highest-paid hedge fund managers last year thinks he knows which book is at the top of the White House reading list this spring: Animal Spirits, the powerful new blast of behavioural economics from Nobel prize-winner George Akerlof and Yale economist Robert Shiller.

Judging by the upbeat economic message we have been hearing from the White House, the Treasury and even the Federal Reserve over the past six weeks, that is a shrewd guess. The authors argue that “we will never really understand important economic events unless we confront the fact that their causes are largely mental in nature”. Our “ideas and feelings” about the economy are not purely a rational reaction to data and experience; they themselves are an important driver of economic growth – and decline.

(Full article…)

Not long ago, “The Secret” was a massive hit in the publishing industry. All anyone needs to do is scrunch their eyes together, click their heels and think, “I believe, I believe!” And everything will happen magically. We have global warming about to drastically change the entire economy of the world, yet for half the population the “feeling” that the science must be true is sufficient.

Everywhere around us, people worry about hurting the feelings of terrorists, young children, voters, and criminals. Political correctness, after all, is a totally feelings-based concept.

We obviously need to feel things. We obviously need our emotions. But liberals (progressives) demand that feelings be placed higher than intellectual analysis and reason. Liberals demand that entire societies must conform to the feelings of individuals and minority groups. We make laws that elevate the feelings of the few and become the forced regulations of the many.

It can’t possibly be the actions of the government, the actions of incompetent (criminal) executives, and the actions of the financial sector that are to blame for the economy. Nothing the government does can possibly affect the behavior of the citizens. No matter what the government imposes, people will for sure continue to act exactly the way they did prior to the new regulations.

No, it’s that people just feel badly at the moment. They’re upset, depressed, and worried. Why? Could it be that liberalism is causing all this depression? No! People are just too stupid to do anything about their feelings, so they must have a Big Mommy government to make everyone feel better, and make the boo-boo go away. Right?

All anyone needs to do in order to cancel out a major crime is to “express remorse.” And now we see that instead of THINKING up solutions to our current problems, we’re going to feel into existence the solutions. Brilliant!

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