This is the third in a series of posts that introduce the thought of historian Martin J. Sklar, as a prelude to a print symposium on his life and work in a future issue of Telos. For a fuller introduction, refer to the head note to the first TELOSscope post. Whereas the first two posts showcased the historian’s engagement with philosophy, this post highlights one of his important contributions to political economy. Sklar profoundly reinterprets the idea of a “mixed economy,” on the basis of the new concepts of “capitalist investment component” (CIC) and “socialist investment component” (SIC). In so doing, he also clarifies the meanings of capitalism and socialism as political-economic systems. Like conventional “mixed economy” theorists, Sklar came to believe that there would be a long historical period during which advanced societies would combine features of capitalism and features of socialism, with the later gaining gradual ascendancy. His understanding of which features belong to which system, however, upends conventional theories of government = socialism, “private” sector = capitalism.
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Adam Smith is usually remembered as a champion of commerce. But as a moral philosopher he understood that even as commerce inculcates the virtues of industry, frugality, and temperance, it also inculcates vices such as avarice, envy, and short-sighted self-centeredness. Smith recognized that good government requires virtues such as honor, moral rectitude, patriotism, magnanimity, and a far-sighted perspective, to which the commercial vices are fairly opposed. Smith considered this a problem in his own day, as Great Britain was threatening to become a nation of shopkeepers, ruled by classes trained not in statesmanship but in commerce, governed not by codes of honor but by self-interest. The problem has resonance today as well. I was invited to speak on this panel, having been reassured that it would be devoted to academic boycotts in general, but I cannot say that I was surprised to discover that half of the titles here advocate one and only one boycott target. I will therefore make some remarks concerning academic boycotts in general, to which I object on principle, but also comment on the campaign against Israeli universities in particular. I expect that we will hear boycott proponents denounce the apartheid character of Israeli society or policies of genocide and other such mythologies that the boycott movement has disseminated and which the APA may eventually be asked to endorse. But let’s leave the propaganda for the discussion section. It is unlikely that the present EU will ever become politically unified. However a reduced number of member states could constitute a European Federal League designed to become, as such, a new member of the EU in place of the federated states. It could consequently operate separately on a number of issues. Other members might join the new Federal Union later, under certain conditions. Martin J. Sklar, who died in 2014, was a historian, left-wing activist, and original thinker. As a scholar/journalist-activist, he founded Studies on the Left, co-founded Socialist Revolution and In These Times, and was a founding member of The Historical Society. As a historian, he originated the influential concepts of “corporate liberalism” and “disaccumulation” and shaped the thinking of historians of the Progressive Era, the Jefferson–Hamilton divide, Lincoln’s revolutionary role in ending slavery, the sources and consequences of U.S. imperialism—and more. |
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