Fried Egg wrote: ↑May 16th, 2025, 4:12 pm
I would firstly just say that it seems that you are re-framing my categorisation from intentions vs incentives to idealism vs pragmatism.I think that whether you're preoccupied more with intentions or incentives, either one could be thought about in theoretical or practical terms.
For instance, we could talk about the idea of a "minimum wage" and we might consider the implications of such a policy by considering the incentive structures it would create purely in a theoretical way (i.e. without attempting to collect and analyse the data) - as a "right winger" is often prone to do. My contention is that most people on the "left" would over value the good intentions of such a proposal (i.e. to increase the living standards of the poor) whilst simultaneously assuming that those who opposed it must only do so for selfish reasons (because why wouldn't you want to help the poor?)
But of course, I would not suggest that any of the "big thinkers" on such issues would ever rest on such a superficial analysis (although how much some people just become good at providing post hoc rationalisations for believing in ideas that just sound good / opposing ideas that sound bad is a matter for debate). However, for most ordinary people, I wonder how far they really do get beyond such simple ways of looking at things. Many people just want to (or be seen to want to) "do the right thing", "be kind" and "help the downtrodden", etc. Furthermore, they often assume good intentions lead to good results.
Let’s revisit your main distinction between the left and the right: “The left over emphasise the importance of good intentions and under emphasise the importance of incentives. The right doing the opposite.” This is not a dichotomy, obviously, as “good intentions” does not oppose “incentives”, in fact, you can think of incentives as a well-intended motivation to achieve desired results. This cannot be what distinguishes the left from the right. There’s no reason to suppose that the right does not value intentions as much as the left, even if the right valued incentives a lot. But there’s no reason to believe that the left does not value incentives, either. The example that you use, minimum wage, has been shown to be considered an incentive as aggregated demand: people can spend more and make the economy more active, which benefits all. Take any proposal and you will find that both the left and the right will see it as well-intended or not, because it is either aimed at achieving a positive result or aimed at harming people. You can take the proposal to not have a minimum wage and say that the right will over value its good intentions of enhancing productivity, reducing conformism, laziness, and so on.
Fried Egg wrote: ↑May 16th, 2025, 4:12 pm
Really it comes down to this: what do you believe shapes human behaviour more? The intent behind the institutions (and other social structures) in which they operate or the incentive structures that they lead to.
This is what is known as the false dilemma fallacy. It doesn’t have to be one or the other, as I just explained.
Fried Egg wrote: ↑May 16th, 2025, 4:12 pm
This is why "leftists" tend to be so suspicious of free markets. They are told that they don't need to rely on the good intentions of individuals or companies operating in a market economy because the incentive structures (put in place by the institutions of the market) will ensure that, in pursuing their own best interests, they will inadvertently help fulfil the common good. Problems that arise with market outcomes a right winger will likely look to tweaking the incentive structures whereas a left winger is pre-disposed to want to throw the whole thing out, or at least introduce well intentioned institutions to regulate it), because they simply don't trust people acting in their own interest or institutions that aren't explicitly well intentioned.
Well, actually, it makes more sense to think that leftists don’t think the “free market” effectively works for the well-intended purpose that right-wingers claim, even with the well-intended institutions they put in place to push such policies. Or that leftists don’t think there are real “free markets” at all. OTOH, from the right it is often claimed that “human nature” prevents people from looking after anyone but themselves, selfishness and greediness cancel cooperation, and so we could also say that’s why right-wingers are suspicious of policies based on principles of solidarity, even though leftists see them as an incentive structure as well.
Fried Egg wrote: ↑May 16th, 2025, 4:12 pm
But then again, we have a supposedly right wing government in the US massively limiting free trade and the markets whilst being opposed by the left wing parties who favour global free trade. I would be inclined to think that Trump's tariff policies are motivated more by (what he sees as) good intentions than a consideration of the incentive structures they will create.
That’s only if you believe there was “free trade” to start with, but there has been for years plenty of skepticism about the reality of such idealized market conditions, which belong more to the realm of discourse and propaganda. From Bretton-Woods to the Nixon shock, to the Reagan shock, to the Trump shock, there has been a global finance structure designed to benefit the US and keep it as the global hegemonic power. There’s apparently a geopolitical and economic rationale to Trump’s “trade war”, which has been explained by economists, so I will not get deep
into that, but the point is that it’s not simple as “the left wants free trade now and the right doesn’t anymore”. You will find people from both sides taking either extreme or nuanced positions, either in support or opposition to Trump’s actions.