My worthy opponent over at Thoughts and Ideas, hoping to reconcile free market capitalism with his Catholic libertarianism, tells us that "...the laws of economics are comprehensible to man through the use of his reason alone...The nature of economics then, is such that it is not concerned with ethics." He means you don't need Holy Ghosts keeping things mysterious, you are endowed by ( neutral) God with Reason.
One can find few examples which better demonstrate the logic of capitalism and its ability to reproduce its own ideology. Brute power, violence and greed are transubstantiated (sorry, I have been looking for an excuse to use this word, especially arguing with a Catholic! :to change into another substance : the change in the eucharistic elements at their consecration in the mass from bread and wine to the body and blood of Christ) into Enlightenment Ideals such as "laws" and "reason". This has taken centuries to drill into human consciousness, through media,myth, education and culture more generally. We have all heard of these "laws of economics", natural, immutable things which govern the processes of exchange and here we learn that through the application of reason and rationality we can deduce their pragmatic workings. How wonderful.
But there is more. This "dismal science" also has a nature, fixed attributes and attitudes independent of Man ( in this case casually dismissive as concerns our general welfare ). Which brings to mind a great line from Brechts St. Joan of the Stockyards:
No one to blame for crises!
Over us, changeless and inscrutable, rule
the laws of economics,
and natural catastrophies recur
in dreadful cycles.
Within capitalist logic, The Invisible Hand, like Nero, simply points thumb up or thumb down, but unlike the Great Emperor, it is done divorced of all emotion, it is simply a rational, natural ( Animal Spirits) and amoral judgement of the Cosmos. Blameless and Pure.
It is the ethico-political challenge of the Left to destroy this form of idolatry. Young Libertarian-Austrian-Objectivists feel high on "free thinking" as they are injected with this poison, courageously fighting the State and Totalitarianism and all sorts of Evil on the road to Free (dom) Markets!
Meeting this challenge means demonstrating that we are all "excuded" (Hardt-Negri) ,that our solitude is debilitating, and that it is not just a struggle of proletarians "who have nothing to lose but their chains". It is a struggle for all of us , who have everything to lose, our subjectivity, our commons, our livable planet. Because the relation between historical circumstances and the production of this subjectivity keeps changing, the capitalists "immutable laws" are funk, bunk,junk science and have no chance against our indignation, refusal and rebellion. Their ethics-free universe has no claim on our dignity.
"For Europe, for ourselves and for humanity, comrades, we must turn over a new leaf, we must work out new concepts and try to set afoot a new man."
Franz Fannon from Wretched of the earth