Wednesday, July 7, 2021

 

Failure for neo-liberals and neo-cons

To my Republican colleagues and Democrats in general. Part of the problem is the issue of faith. As the Existentialist philosopher demonstrated that faith is a belief and trust in the "strength of the absurd." That what we believe not only contradicts reason and science, but the more impossible the more profound the belief if we truly have faith. Karl Polanyi an economic historian has successfully demonstrated the free-market capitalism was not only a recent and a true revolution that broke with the past in which all economic systems up till then were both regulated and embedded in social responsibility to varying degrees and sometimes democratically and sometimes autocratically.  But he also demonstrated that a free market cannibalizes itself from its inception on. Thus, the double movement free trade and regulation of the economy. Often even the same individual holds both conflicting views. One is a matter of faith and the other of necessity. The history of America is a history of this double movement. Even the so-called Keynesians often pay lip service to the absurdity of a free market. Trump will bring us jobs because he is a successful businessman, not even, never mind his relationship with his own workers are very poor, he made a fortune by declaring bankruptcy, profits and low wages are a marriage that works, capital intensive industry drives wages down in other industries, unemployment, overproduction, and risky speculation and not employment is the result of a pro-business political agenda. I hear small town Montanans express this faith in the absurd, how do we fight that?

 

People are poor and poverty is fact of everyday life. This is not a reality of unpreventable circumstances or fate. A poor person’s life is not an impersonal existence given by destiny nor is it deserved. The non-poor people are not morally faultless.  Poor people are the result of a planned arrangement in which we all except the poor to benefit. If we say nothing, we are all in part responsible because of our lack of disapproval.  The outsourced workers, the day laborers, the undocumented and the sweatshop laborers are the poor who create to wealth of the few. These, the poor are oppressed and exploited groups of wage-earning chattel. They are robbed of the wealth they create, deprived of the result of their employment, and debased of their basic humanity. Those who invest in hedge funds, derivatives, daily stock exchange in which large amount of liquid capital flows benefiting only the few are seen, as legal business types and not criminals. This is immoral. We are not asking for more welfare, but an economy that is democratic and moral. Every job is important and having pride in our work and the important service we provide is our reward. Production for the greater social good is respectable. Everyone deserves a decent and comfortable income independent of the specifics of the job. What then is the difference between criminal activities for ill-gotten gain and the profit margin as the bottom line?

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