An Obituary for New Deal Liberalism
Posted: January 17, 2011 | Author: dakinikat | Filed under: Bailout Blues, Barack Obama, Populism, The Bonus Class, U.S. Economy, U.S. Politics, Voter Ignorance | Tags: Looting Social Security, The End of New Deal Liberalism, The Nation, William Grieder | 5 CommentsIf you haven’t read William Grieder’s powerful piece ‘The End of New Deal Liberalism’ at The Nation, you really should.
Let me give you a taste.
In these terms, the administration of Barack Obama has been a crushing disappointment for those of us who hoped he would be different. It turns out Obama is a more conventional and limited politician than advertised, more right-of-center than his soaring rhetoric suggested. Most Congressional Democrats, likewise, proved weak and incoherent, unreliable defenders of their supposed values or most loyal constituencies. They call it pragmatism. I call it surrender.
Obama’s maladroit tax compromise with Republicans was more destructive than creative. He acceded to the trickle-down doctrine of regressive taxation and skipped lightly over the fact that he was contributing further to stark injustices. Ordinary Americans will again be made to pay, one way or another, for the damage others did to society. Obama agrees that this is offensive but argues, This is politics, get over it. His brand of realism teaches people to disregard what he says. Look instead at what he does.
Greider outlines the goals of the plutocracy so clearly that you wonder when he’ll be put up for trumped up espionage charges or at least some made-up sex scandal. His opening paragraphs on the capture of our government by corporate interests are just about the most compelling and apt description I’ve read recently. He’s awakened some how to the spokesmodel-in-chief. (h/t to Cinie wherever she may be)
Government has been disabled or captured by the formidable powers of private enterprise and concentrated wealth. Self-governing rights that representative democracy conferred on citizens are now usurped by the overbearing demands of corporate and financial interests. Collectively, the corporate sector has its arms around both political parties, the financing of political careers, the production of the policy agendas and propaganda of influential think tanks, and control of most major media.
What the capitalist system wants is more—more wealth, more freedom to do whatever it wishes. This has always been its instinct, unless government intervened to stop it. The objective now is to destroy any remaining forms of government interference, except of course for business subsidies and protections. Many elected representatives are implicitly enlisted in the cause.
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