16061
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If some facts 'logically supervene' on some others, they just redescribe them, adding nothing [Lynch/Glasgow]
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Full Idea:
Logical supervenience, restricted to individuals, seems to imply strong reduction. It is said that where the B-facts logically supervene on the A-facts, the B-facts simply re-describe what the A-facts describe, and the B-facts come along 'for free'.
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From:
Lynch,MP/Glasgow,JM (The Impossibility of Superdupervenience [2003], C)
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A reaction:
This seems to be taking 'logically' to mean 'analytically'. Presumably an entailment is logically supervenient on its premisses, and may therefore be very revealing, even if some people think such things are analytic.
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18006
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Chomsky's 'interpretative semantics' says syntax comes first, and is then interpreted [Chomsky, by Magidor]
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Full Idea:
Chomsky and his followers (whose position was labelled 'interpretative semantics') claimed that a sentence is first assigned a syntactic structure by an autonomous syntactic module, and this structure is then provided as input for semantic interpretation.
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From:
report of Noam Chomsky (Aspects of the Theory of Syntax [1965]) by Ofra Magidor - Category Mistakes 1.3
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A reaction:
This certainly doesn't fit the experience of introspecting speech, but then I suppose good pianists focus entirely on the music, and overlook the finger movements which have obvious priority. But I don't know the syntax of the sentence when I begin it.
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24070
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Economies have material, economic and capitalist layers [Davies,W]
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Full Idea:
Braudel's economic history has three layers. At the bottom is material life of consumption, production, reproduction. Next is economic life of markets, of equals in exchange and competition. Top is capitalism, of opacity, monopoly, power, high profits.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
The point Davies emphasises here is the sharp distinction between the market economy and capitalism.
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24073
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Capitalists use their exceptional power to impose their own rules, and make the state their ally [Davies,W]
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Full Idea:
Capitalists exploit their unrivalled control over time and space in order to impose their rules on everyone else. …It triumphed late, only becoming dominant in the 19th century, when it had conscripted the state as its ally.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
This so very much makes sense of the modern world. Nowadays capitalists are so wealthy that the state has largely become their pawn, rather than their ally. Populist leaders are their puppets (and are well rewarded).
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24074
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Capitalism must mainly rely either on the labour market, or on the financial markets [Davies,W]
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Full Idea:
According to Marxists, the one market capitalism cannot do without is the labour market, which creates saleable things. Others, influenced by Keynes, emphasise financial markets, where pieces of paper change hands on expectation of their value.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
Modern Britain fits the Keynesian account much better, given its low production, and very active (until recently) London financial market.
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24071
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Markets are transparent, with known prices and activity, and minimal profits [Davies,W]
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Full Idea:
Markets are characterised by transparency. Prices are public, and all relevant activity is visible to everyone. And because of competition, profits are minimal, little more than a 'wage' for the seller.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
This account, from Braudel, is to distinguish markets from capitalism.
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24072
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Capitalism is the anti-market, with opacity, monopolies, powers, exceptional profits and wealth [Davies,W]
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Full Idea:
Braudel sees capitalism as the 'anti-market': a world of opacity, monopoly, concentration of power and wealth, and the exceptional profits that can be achieved only by escaping the norms of 'economic life'.
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From:
William Davies (Review of 'The Price is Wrong' by B.Christophers [2024], 24-04-04)
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A reaction:
Given all the talk about the wonders of the 'free market' from right-wingers, this passage came as a revelation to me. Capitalists all dream of a monopoly, which is precisely the destruction of a market.
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