This is probably becoming a thread of decreasing interest to anyone by you and I but continue nevertheless (stubbornness?).
“What I find disconcerting is that neither system has appeared in the world in its purity, but that no one argues for a return to principle in either realm.”
Sorry but purity is only possible for us in Heaven.
“If we look at Adam Smith’s vision of Capitalism, it agrees much more with Tolstoy’s Socialism than it does with Communist Russia or Capitalist America.”
I’m not sure that we got the same thing out of Smith’s “Wealth of Nations.” I need to add it to my reading list as I recall Smith as the ultimate pragmatist (humans will pursue their self interest) but articulated that such behavior if exercised freely (with minimal government distortion) will actually most effeciently serve the public interest. Tolstoy was the ultimate utopian as he articulated that if people would look out for others, others would look out for them and the public interest would be served.
“But the defenders of Capitalism, more often than not, defend the
current system and don’t seem particularly interested in Smith at all”
I’m not sure where you are going here unless it goes back to your statement that neither has appeared in is “pure form.” I don’t believe that Capitalism “in its pure form” is practical or attainable. The nature of a democracy is such that limits will be placed on unfettered Capitalism in an effort to satisfy a particular priority (i.e. compulsory road taxes rather than relying on toll roads which would be the Smithian model).
"–his denunciations of over-accumulation and government entitlement
While it has been years since I read the book, I don’t think this is a fair characterization of Smith’s thoughts. His “denunciations” are statements that “over-accumulation” ultimately becomes inefficient and the invisible hand of capitalism will correct the inefficiency most efficiently (no need for government intervention) and that government entitlement are also an inefficiency that defeats the public interest.
“pessimism regarding the virtue of wealth pursued for its own ends might come as a shock to many a mogul.”
But Adam Smith’s willingness to pass judgment on this does not lead him to then advocate a government solution. See my comment above on “over-accumulation.”
“The Socialists are slightly better off in this regard–I think it was Baudrillard who spoke of the end of Communism as the victory of Communism because in the defeat of the USSR, Communism became a pure idea (whether for good or for ill) whereas Capitalism, the more it spreads itself thin across the globe, reveals its own corruption much
more readily. The ghost of Soviet Communism is just that, the
ghost of corruption. Global Capitalism, then, is in a better position to actually
embody corruption.”
I don’t want to be insulting but this is clap trap and severely in need of more intellectual rigor.
“In the meantime, Tolstoyan socialism remains an untried ideal.”
Just as I said above that unfettered capitalism is neither practical or attainable in this imperfect world, the pursuit of this utopia is the work of the Devil as it leads one to think that ultimately a political/economic system can achieve what can only be achieved in heaven.
“You could look to various utopian communities that were organized around socialist principles as demonstrating the viability of the model–but ultimately, socialism, like true democracy, works best on the local level–and it is little wonder that
small utopian communities can thrive, if only for a time.”
Family life in its pure form is socialism at its best and is workable because being altruistic to loved ones is reasonably attainable and practical. Applying it on a slightly larger scale is remotely attainable “if only for a time” as you said above.
And your mention of Spengler, to which I will say:
- He was follower Bismarck who conducted the forced exile of Catholics (my ancestors were one who fled to Luxemborg before coming to America)
- His thoughts ultimately were used by Hitler and his followers to justify their “World Order.”
- As evil as this thoughts were, I give nothing that ever comes out of his mouth any credence at all.