Economic Subjectivity and our Postliberal DivideIntercollegiate Review | Conservatism's sharpest voices, curated weekly. ISI's weekly newsletter brings you the best in serious conservative thought.
What is GDP, really?America’s GDP is cited in nearly every debate about the state of our nation’s economy. Yet aside from knowing it stands for Gross Domestic Product, how many people actually understand what this term means or what it measures? Though it is treated as an objective measure of economic growth, America’s GDP is the result of an incredibly complex set of calculations made each year by officials in the U.S. Bureau of Economic Analysis. In an article for Palladium Magazine, Patrick Fitzsimmons argues that these calculations rely on several subjective assumptions that do not accurately reflect the health of America’s economy. Fitzsimmons notes that GDP calculations have notably failed to capture the hollowing out of U.S. manufacturing that has been ongoing for decades. For example, although U.S. automobile production has been declining since the 1980s, GDP statistics have masked this trend by factoring in improvements in product quality during the same time frame. After parsing the complex formulas behind the numbers, Fitzsimmons concludes that GDP is too abstracted from the real conditions of America’s manufacturing sector to offer a reliable picture of industrial strength. Read his full assessment online here.
The Postliberal DivideLast month, comedians in both the United Kingdom and the United States faced repercussions for political speech. In the U.S., Jimmy Kimmel was briefly suspended for incorrect and inflammatory statements he made following the assassination of Charlie Kirk. In the U.K., Graham Linehan was arrested by armed police officers for social media posts criticizing transgender ideology. Kimmel was reinstated within a week, while Linehan still faces legal charges. In his New York Times column, Ross Douthat contrasts the public reactions to these two incidents. In the U.K., conservatives condemned their nation’s system of censorship and ideological policing, but they didn’t direct blame toward any specific political leader. Meanwhile, in the U.S., progressives framed Kimmel’s suspension as an authoritarian move by President Trump. Douthat argues that this example highlights distinct postliberal tendencies on both the left and the right. Over the past decade, progressives across the West have advanced radical institutional change through indirect, bureaucratic systems. Conservatives, by contrast, have tried to counter this by rallying around populist figures such as Trump and Nigel Farage. Both approaches, Douthat warns, risk destabilizing liberal democracy. To resist this postliberal drift, either the left or the right will have to commit to resisting all forms of abuse of power. Read the rest of Douthat’s article here. CompendiumEvery article we feature here is available to read for free. Articles from paywalled publications are available through gift links.
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Visit our events page on our website to see all upcoming events. This week, from ISI’s Digital Media:In this clip from Episode 2 of Project Cosmos, “Greatness & Goodness: A Guide for Young Men in Dark Times,” the panel discusses the limits of artificial intelligence and the enduring mystery of human greatness. They argue that while AI may advance, it can never truly inspire trust, belief, or authentic creativity. Watch the full episode here. Subscribe to our YouTube channel for more content like this. This week, from the Collegiate Network:ISI’s Collegiate Network supports over 80 student-run publications across the country, empowering students to run independent college newspapers, magazines, and journals that report on important issues ignored by the mainstream media.
Visit our Student Journalism section to read more from the Collegiate Network. A Literary Man on LiberalismAlthough several recent figures in the conservative movement have criticized modern liberalism, they aren’t the first to do so. Throughout the twentieth century, philosophers and academics around the world challenged the increasingly progressive liberal order. Returning to their writings may shed some light on contemporary debates over the future of the conservative movement. In this week’s article from Modern Age, we turn back the clock more than five decades to 1974, when the late George A. Panichas penned an expansive piece on T.S. Eliot’s critique of modern liberalism. Panichas’s in-depth analysis examined Eliot’s intellectual battles in conversation with the thought of John Dewey, who advocated for a new liberalism that departed from its classical roots, focusing instead on social action and change. Eliot challenged modern liberalism from a religious and moral perspective. According to Panichas, Eliot saw Dewey and other modern liberals as threats to society’s traditional spiritual health. To Eliot, liberalism’s lack of moral authority and ignorance of the supernatural created great danger. Panichas characterized Eliot’s opposition by saying: “Against what he sees as liberalism’s relativism, he posits the absolute; against its meliorism, he asserts the tragic element; against its naturalism, he upholds the supernatural; against its secularism, he places the Incarnation.” Read more of Panichas’s article here on the Modern Age website. Modern Age is ISI’s flagship publication. Visit modernagejournal.com and subscribe for a free daily newsletter. “Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?” – T.S. Eliot Celebrate America’s semiquincentennial with ISI and help shape the next 250 years of our country. Your support of the America 500 Education Fund will help ISI reach, teach, and launch the next generation of conservative leaders. Visit isi.org/america500 to learn more. |