30 December 2013

Notes on Party Politics





The shutdown of the federal government by right-wing fanatics last October triggered a rare bout of fresh thinking among progressives. Whatever else it was, it was also an object lesson in the capability of a relatively small but tightly organized, militant political faction to effectively—if temporarily—seize control of one of the major mass parties in the United States. Throughout the first half of October establishment Republicans and bewildered liberals helplessly looked on as the entrenched leadership of the Republican Party was utterly dominated by a well-funded and—more importantly—well articulated form of reactionary populism. The main liberal complaint against the shutdown—“but the Affordable Care Act is already the law!”—was of course entirely trivial, because it assumed that the whole affair could be reduced to a mere question of a positive legal fact.

The ideological extremism of the Tea Party goes beyond the dissatisfaction felt by rich people about the prospect of paying higher taxes. It taps into a deep well of existential dread about the fate of the country that is as fiercely ingenuous as it is dangerously delusional, and it channels this energy into a seething anti-government mass politics.

Although it may seem as if the radical elements of the Republican Party lost their great battle over the “Affordable Care Act,” it has been clear for some time that they have been winning the larger war. With each Tea-Party-orchestrated freakout in Washington, the political center of gravity shifts further to the right, and the lesson that ideological radicalization brings home the goods is further hammered home into the torpid brains of establishment Republicans.

This dynamic is not lost on keen observers from the left. If the American far-right can be motivated with the numbers and the organization to take the government hostage and impose their narrative upon public discourse for the better part of a month, then it seems plausible to suggest that a similar tactic might be deployed from the political left for progressive ends.

In the wake of the Tea Party’s government shutdown there has been no shortage of debate over whether or not emulating their tactics would be effective or even desirable for progressive objectives. Within this debate, the question of just what role the Democratic Party should play, if any, has loomed large, as have questions about the viability of third party electoral alternatives. Others argue that engagement with the U.S. electoral system amounts to political suicide, since it is basically like joining a game of cards in which the rules are rigged for the house to always win. Yet just last month we witnessed the election, for the first time in almost a century, of a dyed-in-the-wool socialist to the municipal government of a major U.S. city, along with a nearly-successful socialist victory in another major city. What might this portend?

21 December 2013

Our sweetly naïve financial analysts


After some reflection, I have concluded that this is not satire:
“The US economy has flattered to deceive several times in recent years, looking like it was set for a period of faster growth only to fall flat,” said Joseph Lake, US analyst for the Economist Intelligence Unit. 
But Mr Lake says he thinks this time is different. “We expect the US to embark on a sustained economic upswing in the coming quarters.”
What evidence is there that it’s not satire? Nothing more than the fact it was published in the Financial Times. One of the most notable characteristics of the age is that the only way to differentiate between The Onion and real news is by looking at the URL.

04 December 2013

Pensions must be savaged or the world doesn’t make sense


The last four years in the United States and Europe have been a long, multi-faceted struggle over a single question: who will bear the suffering of a society in disintegration? Neoliberalism can no longer sustain itself, and no effort is being made to create a new logic of economic growth. The only way to sustain the illusion that neoliberal society remains a going concern, then, is to plunder stored up value in different parts of the system in order to keep the engine running. It’s like eating the seed corn in the midst of a famine. And as everyone knows, it’s not the rich people who die in a famine.