Monday, April 30, 2012

Modern China, economic speculation, and the history of capitalism.

This is what it is like to be living in Beijing in the time of Bo. China is undergoing its biggest political crisis since the 1989 Tiananmen massacre, as wild supposition mixes with outlandish facts to shift the city’s rumor mill into overdrive. Young Chinese in stylish bars, antsy American investors, civil servants, students, and entrepreneurs all swap stories of political backstabbing and collusion. There’s a feeling of nervous anticipation for what lies ahead. The fact that no one seems to know how things will unfold makes the frisson only stronger.

Why do I have a feeling that this better encapsulates the history of what capitalism has actually looked like via reporters on the ground throughout history; far better than the nonexistent Adam Smith inspired Free Market utopia conservatives like to champion.

The neocons are back vying for a seat in the White House

That Edward Luce in that radical left wing rag The Financial Times on Mitt Romney bringing us more of Bush II on the Foreign Policy front:

Whether it is on Iran, which he will prevent from getting a nuclear weapon (“period”), or China, which on his first day in office he will brand a currency manipulator, he seems comfortable tossing out the red meat. While many social and even fiscal conservatives withhold trust in Mr Romney’s authenticity, most neoconservatives have been with him all along.

Even the “paleocons” warmed to Mr Romney. At the start of the year John Bolton, the fire and brimstone former US ambassador to the UN, endorsed Mr Romney even though Newt Gingrich promised to make him his secretary of state. Foreign policy hardliners do not seem to doubt Mr Romney’s credentials. And he does not seem to doubt theirs.

Few on the Romney list of advisers could be described as belonging to the James Baker school of diplomacy, which used to be described as “realist” and which once dominated the Republican world view. That space is now occupied by Barack Obama. Mr Romney’s advisory team is less diverse than George W. Bush’s group of “vulcans”, which included realists such as Condoleezza Rice, Robert Zoellick and Robert Blackwill.

Among its leading lights is Richard Williamson, a former Bush official, who last week said Mr Obama’s “Mother, may I?” approach to Iran and China would end under Romney. Then there is Dan Senor, Mr Bush’s ever-bullish spokesman for the Coalition Provisional Authority in Iraq. On national security there is Cofer Black, the former CIA counter-terrorism chief and senior executive at Blackwater, the private security group that so besmirched itself it changed its name to Xe.

Mr Romney’s Europe team is headed by Nile Gardiner, who helped Lady Thatcher write her memoirs and is now at the Heritage Foundation from where he denounces Mr Obama’s “humiliation” of Britain. One of Mr Romney’s top three advisers on the Middle East and north Africa is Walid Phares, an American from Lebanon, who trained Maronite Christian militants during that country’s strife-torn 1980s. And so on.

On paper, therefore, and on the hustings, the case looks open and shut: Mr Romney is a hardliner with an instinct for unilateralism. 

Thursday, April 26, 2012

Noam Chomsky on two different ways of looking at "work"

Noam Chomsky:

 there are fundamentally two different ways of looking at work. One is capitalist ideology. That basically takes for granted that the natural state of a person is to vegetate. You have to be driven to work. If you aren’t driven to work you’ll lie around watching television or take your money from the welfare office and you won’t do anything. So therefore there have to be punishments for not working and rewards for working.

There’s a different conception, which goes right back to the Enlightenment. And that’s one that regards work as one of the highest goals in life. But they’re referring to a special kind of work: creative work taken under your own control and under your own initiative. That’s a very different conception of work, one that’s pretty familiar to all of us. If you just walk down the halls around here [at MIT], you’ll see people working, maybe 80 hours a week, working hard. Because they like what they’re doing! They’re fundamentally controlling their own work––challenging issues, etc.

But you don’t have to be an engineer and a scientist to do that. The same is true of carpenters, plumbers. I know artisans who just love their work; they’ll do it in their spare time. Maybe they have to do it in a factory during the day, but during the weekend they’ll go in the garage and build a car or something like that. Because it’s something they want to do. And I think almost all work can be like that.

But, fundamentally, it’s back to just different conceptions of what work is. And what human beings are. I mean, are they, kind of, in their nature, dependent couch potatoes? Or are they people who want to become involved in creative, exciting, challenging work that they control themselves and cooperatively with others?

Again, if you walk down the halls you see students talking to each other. A lot of the work that gets done is cooperative work. That’s the way things happen almost anywhere.

What does Bill O'Reilly know that Karl Popper doesn't?

On Facebook earlier today I found out that Robert Reich has called Bill O'Reilly to task for calling him a communist... 


Why Anyone Should Care that Bill O'Reilly Calls Me A Communist :
O’Reilly’s accusation is odd, to say the least. If we were living in the 1950s, amid Senator Joe McCarthy’s communist witch-hunts, the claim might have some bite and cause me injury. But these days it’s hard to find a full-throated communist anywhere in the world.
O’Reilly’s accusation isn’t even logical. How can he know if I secretly adore Karl Marx, if it’s a secret?
For the record, I’m not a communist and I don’t secretly adore Karl Marx.
Ordinarily I don’t bother repeating anything Bill O’Reilly says. But this particular whopper is significant because it represents what O’Reilly and Fox News, among others, are doing to the national dialogue.
They’re burying it in doo-doo.
O’Reilly based his claim on an interview I did last week with Jon Stewart on the Daily Show, in which I argued that because America’s big corporations were now global we could no longer rely on them to make necessary investments in human capital or to lobby for public investments in education, infrastructure, and basic R&D. So, logically, government has to step in.
Since when does an argument for public investment in education, infrastructure, and basic R&D make someone a communist or a secret adorer of Karl Marx?
Obviously, O’Reilly has no interest in arguing anything. Ad hominem attacks are always the last refuges of intellectual boors lacking any logic or argument. (Whoops, I think I just stooped to name-calling. Sorry, Bill.)
Yet this is what’s happening to all debate all over America: It’s disappearing. All we’re left with is a nasty residue.
Reich is asking people to tweet O'Reilly and ask him to have Reich on to debate so I quickly complied:

Go do the same, as one tweet doesn't make for #viral demotic action but 1000 can.

But I want to take it up a notch and propose he make it a two segment debate because I want to have O'Reilly engage someone on the question--What does Bill O'Reilly know about Karl Marx that the likes of someone like Karl Popper didn't?

Reich is an economist and his focus is on public policy so I won't begrudge him for brushing off the importance of Marx because such nuances could cause his core message on policy to be blurred by the media spin machine.

But Karl Marx was an extremely important thinker of the nineteenth century and our public discourse should have room for people who can articulate the substance and quality that Marx brought to the table.  Marx shouldn't be a dirty word.

Last semester while I was taking a Marxism class in the Georgia State Philosophy Department I emailed the economist Dean Baker on what he thought of Marx:
I found Marx incredibly valuable because he was trying to wrestle big issues and thinking about them in interesting ways. You can find support for almost anything you want to say in Marx because he was writing stuff largely on his own, without a group of academics to rein in and tighten his thinking. Therefore you can find many contradictory strains in his writing. 

Back in the old days there was an active school of Marxoligists who would make an argument and then find the relevant pages of Capital to support their case. This is an unbelievably silly exercise. However, Marx certainly prodded me and many others to think about the world differently. 

I actually read Marx before I read Keynes and had largely come to a Keynesian view of the world through Marx. Then when I read Keynes, I was suddenly going "oh yeah, this guy has it down."
The philosopher Karl Popper in his book The Open Society and Its Enemies wrote of Marx:
There can be no doubt of the humanitarian impulse of Marxism.  Moreover...Marx made an honest attempt to apply rational methods to the most urgent problems of social life.  The value of this attempt is unimpaired by the fact that it was, as I shall try to show, largely unsuccessful.  Science progresses through trial and error.  Marx tried, and although he erred in his main doctrines, he did not try in vain.  He opened and sharpened our eyes in many ways.  A return to pre-Marxian social science is inconceivable.   All modern writers are indebted to Marx, even if they do not know it...
Now something is amiss.

Dean Baker is a huge champion of harnessing free-markets and has written at length on how the wealthy and powerful harness protectionism to transfer wealth upwards.

Karl Popper was a passionate champion of freedom, democracy, and free markets and his work in political thought focused on working to undermine totalitarianism of all kinds.

If these guys think Marx had something of value to contribute then what is O'Reilly not telling us?

Either O'Reilly doesn't appreciate the intellectual tools, ideas, and frames Marx passed on to him or he knows something that Karl Popper, one of the 20th centuries most regarded champions of markets, freedom, and democracy doesn't.

I'm intrigued to hear more.

So I propose O'Reilly have Reich on to debate public investment but then I think O'Reilly should have a second segment on the "evils of Karl Marx" that he has uncovered, which up till now, has been missed by many of the most educated and articulate champions of markets, freedom, and democracy.

As Reich notes in his post:
What makes America’s current polarization remarkable isn’t the severity of our disagreements but our utter lack of engagement debating them.
So many Americans are so angry and frustrated these days – vulnerable to loss of job and healthcare and home, without a shred of economic security – they’re easy prey for demagogues offering simple answers and ready scapegoats. Take, for example, Bill O’Reilly and his colleagues at Fox News.
But people can only learn from others who disagree with them — or at least from witnessing debates between people who respectfully and civilly disagree. Without respect and civility, it’s not a debate – it’s just name-calling.
A democracy depends on public deliberation and debate. Without it, the members of a society have no means of understanding what they believe or why. The Lincoln-Douglas debates were notable not because they solved anything but because they helped Americans clarify where they agreed and disagreed on the wrenching issue of slavery.
The likes of O'Reilly, Neal Boortz, and other media personalities have caused the political debate in this nation to decline to the point that center-right Wall Street Democrats like Obama or Clinton are called "radical socialists" who trying to destroy capitalism and promote "class war," and far too many voters actually believe it.

When I ran for State Senate in 2010 I spent many a late night on the campaign trail closing out events talking to voters who were truly concerned about utterly nonsensical quandaries--which was time not spent talking about actually substantive changes that can and should be taking place.

Its a politics of distraction and that's why i'm glad Reich called O'Reilly to task for it.

Some people say we shouldn't feed the demagogues by engaging them in their "hillbilly politics" as one of my teachers has called it.

But I think the realities of modern media and the challenges of money-politics mean we have to attack the right wing directly one tweet--and TV appearance-- at a time if we are ever to reawaken our democracy and create the educated and empowered populace a flourishing society requires.

So I nominate either Corey Robin, Daniel Little, David Harvey, or Brian Leiter (though i'm not sure any of them would take me up on it) but am open to other nominations on academics who might go toe to toe with O'Reilly on Marx.

Thursday, April 19, 2012

The right wing is so far off its rocker that "moderate centrists" have turned off their brains and jumped into the quicksand in order to be reasonable

I think that, once one recognizes this fact that both Keynes and Friedman are to the activist left of even the left edge of today's policy spectrum, one cannot then escape the conclusion that today the entire right wing and a good part of the center is simply not sane. 

ACEMOGLU AND ROBINSON "FISCAL EXPANSION IS NOT LEFT-WING BECAUSE DO YOU KNOW WHO ELSE WAS IN FAVOR OF EXPANSIONARY FISCAL POLICY IN A DEPRESSION? HILTER!1!!" BLOGGING

Friday, April 13, 2012

#yUnion Friday--Why Unions Matter

I am going to be up in Hiawassee, GA this weekend to speak on a panel about "Why Unions Matter" at the Young Democrats of GA's 2012 Convention ( #YDG2012 )  

If you are going to the convention please be sure to attend the panel as one of the speakers @EricTheTeamster has promised uber-cool prizes.  

To kick things off right I wanted to get some support and feedback from the blogosphere and am asking people to blog/Facebook post/and tweet items about why you think unions matter.  On twitter use the hashtag #yUnion and I'll do a wrap up post at the end of the weekend of the best links/articles/comments on why unions matter.

My first tweets for #yUnion friday are going to be 

Okay, so you tell me why you think unions matter...

#yUnion Friday--Why Unions Matter

I'm going to be up in Hiawassee GA this weekend to speak on a panel about "Why Unions Matter" at the Young Democrats of GA's 2012 Convention ( #YDG2012 )  

If you are coming up to the convention please be sure to attend the panel as one of the speakers @EricTheTeamster has promised uber-cool prizes.  

To kick things off right I wanted to get some support and feedback from the blogosphere and am asking people to blog/Facebook post/and tweet items about why you think unions matter.  On twitter use the hashtag #yUnion and I'll do a wrap up post at the end of the weekend of the best links/articles/comments on why unions matter.

My first tweets for #yUnion friday are going to be 

So you tell me why you think unions matter...

#yUnion Friday--Why Unions Matter

I'm going to be up in Hiawassee GA this weekend to speak on a panel about "Why Unions Matter" at the Young Democrats of GA's 2012 Convention ( #YDG2012 )

If you are coming up to the convention please be sure to attend the panel as one of the speakers @EricTheTeamster has promised uber-cool prizes.

To kick things off right I wanted to get some support and feedback from the blogosphere and am asking people to blog/Facebook post/and tweet items about why you think unions matter. On twitter use the hashtag #yUnion and I'll do a wrap up post at the end of the weekend of the best links/articles/comments on why unions matter.

My first tweets for #yUnion friday are going to be


So you tell me why you think unions matter...

Sunday, April 8, 2012

@keynesianr When government is the solution,,,


Having spent the past month in a country where one always has to be careful about what one eats and drinks, I have a renewed appreciation of first rate sewer and water systems.  Such things require
governments. 

I can imagine, however, that there are people of a certain stripe would would argue that clean water and good public health should no more be fundamental rights than, say, broccoli.