US election 2016 – P2P Foundation https://blog.p2pfoundation.net Researching, documenting and promoting peer to peer practices Mon, 28 Nov 2016 08:23:43 +0000 en-US hourly 1 https://wordpress.org/?v=5.5.15 62076519 No, “Identity Politics” Didn’t Elect Trump https://blog.p2pfoundation.net/no-identity-politics-didnt-elect-trump/2016/11/21 https://blog.p2pfoundation.net/no-identity-politics-didnt-elect-trump/2016/11/21#respond Mon, 21 Nov 2016 09:30:00 +0000 https://blog.p2pfoundation.net/?p=61621 In all the damage assessments and recriminations following the presidential election, one theme I’ve seen way too much of is blaming Trump’s victory on “political correctness.” One person blamed the Left for “demonizing white men” for the past eight years instead of focusing on economic and class issues. Another clutched his pearls about what a... Continue reading

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In all the damage assessments and recriminations following the presidential election, one theme I’ve seen way too much of is blaming Trump’s victory on “political correctness.” One person blamed the Left for “demonizing white men” for the past eight years instead of focusing on economic and class issues. Another clutched his pearls about what a dumb strategic move it was to dismiss most of Trump’s supporters as “deplorables.” And at Reason, human dumpster fire Robby Soave — whose shtik seems to be retyping old Reed Irvine and Dinesh D’Souza screeds with his name on them — literally lays the blame for Trump at the feet of campus speech codes, trigger warnings and safe spaces. (No, if anything defeated Clinton it was stay-at-home Democratic voters disgusted by a Democratic Party that embraced way too many of the same neoliberal — not genuinely libertarian — economic policies favored by Reason.)

Everywhere we see the atmosphere of grievance. Racists, sexists, xenophobes and homophobes, they say, are right to feel affronted at attacks on their bigotry. And even if the criticism is valid, marginalized people should still have tried to be less confrontational in order to avoid alienating all the working class white people whose support we needed to defeat fascism. For real: a Greek anarchist literally asked me last spring if standing up for principle on gay rights was worth the increased risk of losing an election to a fascist. Freddie DeBoer is pushing this line of crap now, although he uses weasel words like “liberals with academic vocabularies” because he won’t come right out and say black and LGBT people should be quiet so working class whites won’t be offended.

But the cultural Right’s sense of grievance is utter nonsense. For people who complain so much about the “politics of victimhood,” they play the victim card better than anybody else.

Long ago, as a child, I can remember hearing old folks complain that “this country’s been going to pot ever since all these people started screaming about their ‘rights.’” And that’s still the attitude of those who talk about “taking our country back.”

Whatever they think of marginalized people demanding their rights, they sure aren’t modest about the rights they claim for themselves. They think they have the right to decide what languages people speak, what religious garb they wear, who they marry, and what bathrooms they go to. And when they talk about PC as an assault on their freedom, what they’re referring to is their freedom to prohibit other people from doing things they disapprove of. You can’t even say “Happy Holidays” to them without them whining about a “War on Christmas.” For all their mockery of “safe spaces” and “trigger warnings,” they’re the most emotionally fragile and easily offended people in existence.

They actually talk about “Thought Police,” and sidle up to other white males with “I guess we’re not allowed to say this any more, but…”

If you compare their complaints to the complaints of the marginalized people they criticize, they’re completely asymmetrical. Women in hijabs have to worry about being verbally and physically assaulted when they leave their homes. Unarmed black people have to worry about being shot in the back and having drop guns planted on their bodies, or being killed in “nickel rides” by sadistic cops. Gay and trans people have to worry about being stomped to death.

So if you think you’re living in a totalitarian nightmare because you have to worry about somebody giving you a dirty look for saying the n-word, or because you’re expected not to throw a tantrum when you see a woman in a hijab or two men kissing, I’ve got the world’s smallest violin. And if you think that’s a sufficient grievance to justify voting for a crypto-fascist just to “teach ’em a lesson,” then yes, you are deplorable.

On top of all this, treating the concerns of marginalized people as secondary for the sake of anti-fascist unity is really stupid from a purely strategic point of view.  The fight for basic human rights for justice by people of color, women, LGBT people and immigrants isn’t a ruling class strategy to divide the producing classes. Rosa Parks didn’t refuse to give up her seat, the people at Stonewall didn’t decide to stand up and fight, because they’d been paid by elites to do so. But racism, sexism and homophobia themselves really are ruling class weapons to divide us against each other. It isn’t marginalized people fighting for their dignity, their very existence, who are being “divisive” and playing into the hands of the capitalist ruling class. The divisive ones, the dupes of the ruling class, are the people who would vote for a fascist just out of spite for having to coexist with people they disapprove of.

Besides, throwing simply marginalized people under the bus by de-prioritizing their issues won’t appease the bigots. They won’t be satisfied by anything but our active collaboration in oppressing them. So long as they know people they disapprove of even exist, they’ll feel victimized by the fact. As my Twitter friend @lbourgie says:

Over the years there have been several studies and polls that show skewed perception of majorities toward minorities…. Women speaking 15% and being perceived as talking equally as much. Male hiring managers falsely thinking they employ an equal number of women. People in the US and Europe believing there are exponentially more Muslims and people of Middle Eastern descent in their countries. Straight people who think they’re being bombarded with gay propaganda if 2% of people on TV are LGBT. Christians who sincerely believe they’re unfairly penalized and the most disadvantaged group in the US. Knowing all this, why would you embrace a gut emotional reaction that minority group politics — “ID politics” — has drowned out real issues?

That Niemoller poem — “first they came for the socialists…” — isn’t just a cliche. When you throw marginalized people under the bus, they won’t be there when you need them. That’s the significance of the Wobbly slogan “an injury to one is an injury to all.”

Abandoning marginalized people is also strategically stupid because it was marginalized people themselves, alienated by Clinton’s neoliberalism, who were some of the most likely voters to stay home and vote third party. A lot of ardent Clinton supporters liked to frame the left-wing opposition to HRC as “privileged white males.” But the people doing this framing were themselves disproportionately the upper-middle-class white professional types who are the demographic core of establishment liberalism. To the extent that they adhered to any kind of racial or gender politics, it was the outmoded 1970s model of one-dimensional “identity politics” that focused exclusively on putting women and People of Color into the existing power structures, and ignoring class issues, rather than dismantling the power structures themselves.

This ideology is almost the direct opposite of the adhered to by the so-called “SJWs” the cultural Right hates. The left-wing opposition to Clinton is full of People of Color, women, LGBT people (including transgender women excluded by so many second-wave feminists), sex workers, and destitute people from the working poor. Clinton’s biggest upper-middle class liberal worshippers — Amanda Marcotte, Peter Daou, Sady Doyle, Clara Jeffery and their ilk — were likely to insult or block such marginalized critics on social media, and continue to insist that they didn’t exist, that only right-wingers and “Berniebros” had a problem with Hillary.

African-American voter turnout was actually quite depressed compared to 2012 — perhaps because they just couldn’t get very enthusiastic about a candidate who endorsed her husband’s crime bill and welfare “reform” and talked about “super-predators,” and whose campaign put out all kinds of racist dog-whistles about Obama in 2008.

And Trump’s victory hardly reflects a surge of white racism in response to “political correctness run amok.” Trump got two million fewer voters than Romney in 2012. Clinton was rejected because she pursued an economic and foreign policy two microns to the left of the Republican mainstream, and nobody wanted to stand in line 90 minutes for a garbage candidate like her. Period.

So don’t blame marginalized people for Clinton.

The society we’re aiming for — that we should be aiming for, anyway — is one in which human beings are treated as ends in themselves, and not as means to an end. As the saying goes, the means are the end in progress. You don’t build a free and just society by treating some people as more expendable than others.

Photo by Olivier H

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The Election: Of Hate, Grief, and a New Story https://blog.p2pfoundation.net/election-hate-grief-new-story/2016/11/15 https://blog.p2pfoundation.net/election-hate-grief-new-story/2016/11/15#respond Tue, 15 Nov 2016 10:30:00 +0000 https://blog.p2pfoundation.net/?p=61355 Normal is coming unhinged. For the last eight years it has been possible for most people (at least in the relatively privileged classes) to believe that society is sound, that the system, though creaky, basically works, and that the progressive deterioration of everything from ecology to economy is a temporary deviation from the evolutionary imperative... Continue reading

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Normal is coming unhinged. For the last eight years it has been possible for most people (at least in the relatively privileged classes) to believe that society is sound, that the system, though creaky, basically works, and that the progressive deterioration of everything from ecology to economy is a temporary deviation from the evolutionary imperative of progress.

A Clinton Presidency would have offered four more years of that pretense. A woman President following a black President would have meant to many that things are getting better. It would have obscured the reality of continued neoliberal economics, imperial wars, and resource extraction behind a veil of faux-progressive feminism. Now that we have, in the words of my friend Kelly Brogan, rejected a wolf in sheep’s clothing in favor of a wolf in wolf’s clothing, that illusion will be impossible to maintain.

The wolf, Donald Trump (and I’m not sure he’d be offended by that moniker) will not provide the usual sugarcoating on the poison pills the policy elites have foisted on us for the last forty years. The prison-industrial complex, the endless wars, the surveillance state, the pipelines, the nuclear weapons expansion were easier for liberals to swallow when they came with a dose, albeit grudging, of LGBTQ rights under an African-American President.

I am willing to suspend my judgement of Trump and (very skeptically) hold the possibility that he will disrupt the elite policy consensus of free trade and military confrontation – major themes of his campaign. One might always hope for miracles. However, because he apparently lacks any robust political ideology of his own, it is more likely that he will fill his cabinet with neocon war hawks, Wall Street insiders, and corporate reavers, trampling the wellbeing of the working class whites who elected him while providing them their own sugar-coating of social conservatism.

The social and environmental horrors likely to be committed under President Trump are likely to incite massive civil disobedience and possibly disorder. For Clinton supporters, many of whom were halfhearted to begin with, the Trump administration could mark the end of their loyalty to our present institutions of government. For Trump supporters, the initial celebration will collide with gritty reality when Trump proves as unable or unwilling as his predecessors to challenge the entrenched systems that continually degrade their lives: global finance capital, the deep state, and their programming ideologies. Add to this the likelihood of a major economic crisis, and the public’s frayed loyalty to the existing system could snap.

We are entering a time of great uncertainty. Institutions so enduring as to seem identical to reality itself may lose their legitimacy and dissolve. It may seem that the world is falling apart. For many, that process started on election night, when Trump’s victory provoked incredulity, shock, even vertigo. “I can’t believe this is happening!”

At such moments, it is a normal response to find someone to blame, as if identifying fault could restore the lost normality, and to lash out in anger. Hate and blame are convenient ways of making meaning out of a bewildering situation. Anyone who disputes the blame narrative may receive more hostility than the opponents themselves, as in wartime when pacifists are more reviled than the enemy.

Racism and misogyny are devastatingly real in this country, but to blame bigotry and sexism for voters’ repudiation of the Establishment is to deny the validity of their deep sense of betrayal and alienation. The vast majority of Trump voters were expressing extreme dissatisfaction with the system in the way most readily available to them. (See here, here, here, here) Millions of Obama voters voted for Trump (six states who went for Obama twice switched to Trump). Did they suddenly become racists in the last four years? The blame-the-racists (the fools, the yokels…) narrative generates a clear demarcation between good (us) and evil (them), but it does violence to the truth. It also obscures an important root of racism – anger displaced away from an oppressive system and its elites and onto other victims of that system. Finally, it employs the same dehumanization of the other that is the essence of racism and the precondition for war. Such is the cost of preserving a dying story. That is one reason why paroxysms of violence so often accompany a culture-defining story’s demise.

The dissolution of the old order that is now officially in progress is going to intensify. That presents a tremendous opportunity and danger, because when normal falls apart the ensuing vacuum draws in formerly unthinkable ideas from the margins. Unthinkable ideas range from rounding up the Muslims in concentration camps, to dismantling the military-industrial complex and closing down overseas military bases. They range from nationwide stop-and-frisk to replacing criminal punishment with restorative justice. Anything becomes possible with the collapse of dominant institutions. When the animating force behind these new ideas is hate or fear, all manner of fascistic and totalitarian nightmares can ensue, whether enacted by existing powers or those that arise in revolution against them.

That is why, as we enter a period of intensifying disorder, it is important to introduce a different kind of force to animate the structures that might appear after the old ones crumble. I would call it love if it weren’t for the risk of triggering your New Age bullshit detector, and besides, how does one practically bring love into the world in the realm of politics? So let’s start with empathy. Politically, empathy is akin to solidarity, born of the understanding that we are all in this together. In what together? For starters, we are in the uncertainty together.

We are exiting an old story that explained to us the way of the world and our place in it. Some may cling to it all the more desperately as it dissolves, looking perhaps to Donald Trump to restore it, but their savior has not the power to bring back the dead. Neither would Clinton have been able to preserve America as we’d known it for too much longer. We as a society are entering a space between stories, in which everything that had seemed so real, true, right, and permanent comes into doubt. For a while, segments of society have remained insulated from this breakdown (whether by fortune, talent, or privilege), living in a bubble as the containing economic and ecological systems deteriorate. But not for much longer. Not even the elites are immune to this doubt. They grasp at straws of past glories and obsolete strategies; they create perfunctory and unconvincing shibboleths (Putin!), wandering aimlessly from “doctrine” to “doctrine” – and they have no idea what to do. Their haplessness and half-heartedness was plain to see in this election, their disbelief in their own propaganda, their cynicism. When even the custodians of the story no longer believe the story, you know its days are numbered. It is a shell with no engine, running on habit and momentum.

We are entering a space between stories. After various retrograde versions of a new story rise and fall and we enter a period of true unknowing, an authentic next story will emerge. What would it take for it to embody love, compassion, and interbeing? I see its lineaments in those marginal structures and practices that we call holistic, alternative, regenerative, and restorative. All of them source from empathy, the result of the compassionate inquiry: What is it like to be you?

It is time now to bring this question and the empathy it arouses into our political discourse as a new animating force. If you are appalled at the election outcome and feel the call of hate, perhaps try asking yourself, “What is it like to be a Trump supporter?” Ask it not with a patronizing condescension, but for real, looking underneath the caricature of misogynist and bigot to find the real person.

Even if the person you face IS a misogynist or bigot, ask, “Is this who they are, really?” Ask what confluence of circumstances, social, economic, and biographical, may have brought them there. You may still not know how to engage them, but at least you will not be on the warpath automatically. We hate what we fear, and we fear what we do not know. So let’s stop making our opponents invisible behind a caricature of evil.

We’ve got to stop acting out hate. I see no less of it in the liberal media than I do in the right-wing. It is just better disguised, hiding beneath pseudo-psychological epithets and dehumanizing ideological labels. Exercising it, we create more of it. What is beneath the hate? My acupuncturist Sarah Fields wrote to me, “Hate is just a bodyguard for grief. When people lose the hate, they are forced to deal with the pain beneath.”

I think the pain beneath is fundamentally the same pain that animates misogyny and racism – hate in a different form. Please stop thinking you are better than these people! We are all victims of the same world-dominating machine, suffering different mutations of the same wound of separation. Something hurts in there. We live in a civilization that has robbed nearly all of us of deep community, intimate connection with nature, unconditional love, freedom to explore the kingdom of childhood, and so much more. The acute trauma endured by the incarcerated, the abused, the raped, the trafficked, the starved, the murdered, and the dispossessed does not exempt the perpetrators. They feel it in mirror image, adding damage to their souls atop the damage that compels them to violence. Thus it is that suicide is the leading cause of death in the U.S. military. Thus it is that addiction is rampant among the police. Thus it is that depression is epidemic in the upper middle class. We are all in this together.

Something hurts in there. Can you feel it? We are all in this together. One earth, one tribe, one people.

We have entertained teachings like these long enough in our spiritual retreats, meditations, and prayers. Can we take them now into the political world and create an eye of compassion inside the political hate vortex? It is time to do it, time to up our game. It is time to stop feeding hate. Next time you post on line, check your words to see if they smuggle in some form of hate: dehumanization, snark, belittling, derision.., some invitation to us versus them. Notice how it feels kind of good to do that, like getting a fix. And notice what hurts underneath, and how it doesn’t feel good, not really. Maybe it is time to stop.

This does not mean to withdraw from political conversation, but to rewrite its vocabulary. It is to speak hard truths with love. It is to offer acute political analysis that doesn’t carry the implicit message of “Aren’t those people horrible?” Such analysis is rare. Usually, those evangelizing compassion do not write about politics, and sometimes they veer into passivity. We need to confront an unjust, ecocidal system. Each time we do we will receive an invitation to give in to the dark side and hate the deplorables. We must not shy away from those confrontations. Instead, we can engage them empowered by the inner mantra that my friend uses in confrontations with his jailers: “Brother, your soul is too beautiful to be doing this work.” If we can stare hate in the face and never waver from that knowledge, we will access inexhaustible tools of creative engagement, and hold a compelling invitation to the haters to fulfill their beauty.


Cross-posted from CharlesEisenstein.net

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The Lid is Off: Transparency in the age of transition https://blog.p2pfoundation.net/the-lid-is-off-transparency-in-the-age-of-transition/2016/10/18 https://blog.p2pfoundation.net/the-lid-is-off-transparency-in-the-age-of-transition/2016/10/18#respond Tue, 18 Oct 2016 09:00:00 +0000 https://blog.p2pfoundation.net/?p=60801 It is getting harder to keep a secret these days. The collective shadow of our society, once safely relegated to the dark basement of the unmentionable, is now exposed to daylight, forcing us to face our contradictions. I’ll offer three examples: Donald Trump’s leaked recordings, Hillary Clinton’s emails and Wall Street speeches, and the endless... Continue reading

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It is getting harder to keep a secret these days. The collective shadow of our society, once safely relegated to the dark basement of the unmentionable, is now exposed to daylight, forcing us to face our contradictions. I’ll offer three examples: Donald Trump’s leaked recordings, Hillary Clinton’s emails and Wall Street speeches, and the endless procession of videos of police brutality.

Once upon a time, “locker room talk” like Donald Trump’s lewd and degrading remarks leaked to the media would have stayed safely sequestered from public view. Misogynistic locker room banter existed, as it were, in an alternate universe. What was said on the golf course or the barroom didn’t register as part of a man’s public reputation; in those places, men were free to say things that would be unforgivable in public. The coexistence of these two realms was seldom questioned. As a high school and college athlete, I remember hearing the kinds of things Trump has said, and they were quite unremarkable in that context. A boy could say the most brutish, repellant things in the locker room without damage to his reputation outside it. Respectable society would never find out. Likewise, when reporters and politicians mingled outside the public performances of their roles, an unwritten understanding kept their conversations safely off the record. I imagine Donald Trump feeling a sense of betrayal at the revelation of his remarks, as if a boy reported to another boy’s girlfriend what he said about her in the locker room.

I think this division into two realms extended to internal, psychological divisions in the individuals making the degrading boasts and comments about women. In polite company, they became people who did not harbor such thoughts. The locker room alter-ego was safely contained in a different psychic compartment. I can imagine a Donald Trump being sincerely – sincerely! – scandalized to hear in polite company the very things he himself said in the safety of the mens’-only field of misogyny. I can imagine him condemning what was said in all earnestness, with zero awareness of hypocrisy.

So it is that rape culture is allowed to persist. It needs a shadow zone. The locker room conversations that objectify and degrade women and contribute to rape culture need a “locker room” in which to happen, a wall of separation between it and the larger realm of general social acceptability.

This wall of separation is breaking down, thanks in large part to the ubiquity of recording technology and the impossibility of stopping the distribution of the recordings on the Internet. Contradictions, whether personal or social, that could once remain hidden are coming unstoppably to light. It is getting harder to uphold a divided self.

As with sex, so with money. Hillary Clinton is having a hard time maintaining a wall of separation between her public posture of economic populism and her decades-long ministration to the needs of Wall Street. In former times a politician’s speeches to elite insiders would exist in an inviolably separate realm from his or her public image. In inside circles of power, the politician would be free to express himself directly. No concealment of his allegiances was necessary, because no one outside the political and corporate elite was listening. So of course, Hillary Clinton was loathe to release the transcripts of her speeches to Wall Street banks. Those speeches were the equivalent of locker room talk, which is supposed to stay in the locker room. Here, though, the context is financial domination rather than sexual domination.

Something similar applies to Clinton’s infamous deleted emails. There is nothing new about the contrast between the public presentation of governance and its ugly inner workings. The exercise of political power has never been pretty. The backroom deals, the threats and coercion, the buying of favors… all the nastiness that the email scandal hints at is characteristic of politics as we know it. The difference today is that it can no longer be confined to the back room. In other words, it is getting harder to maintain the appearance of democracy in a reality of oligopoly.

It is perhaps necessary that Clinton and Trump are both such extreme expressions of the suppressed shadow of our culture, presenting itself in unambiguous form for clearing. Liberal pundits have repeatedly observed that the bigoted sentiments Donald Trump expresses are merely the undisguised version of what Republicans have been saying in code for a long time. The hidden erupts into view. Clinton, meanwhile, is no ordinary establishment politician; she is the very epitome of the establishment, embodying its insincerity, lack of imagination, normalized corruption, and narrow technocratic commitment to preserving the status quo.

This is not meant as a personal criticism. My purpose here is not to condemn Hillary or the Donald; it is to illuminate the dissolving of the insulating compartments that allow contradictions and hypocrisy to exist. Probably in person, each of them is a complex individual like you and me, a mixture of beauty and pain, playing the roles laid out for them. I imagine that in their most private moments neither fully identifies with those roles nor believes in the game into which they have been thrust, any more than you or I believe in it. The elites usually precede the people into cynicism. In any event, our current moment of social evolution is calling each of them, in their public roles, to be an avatar of a cultural shadow archetype, presented to us in extreme form so that it cannot be ignored.

Clinton and Trump are a product of their conditions, playing the “game of thrones” according to the secret rules of the insiders, in a system that has long allowed, encouraged, and in some ways nearly required hypocrisy. That system is coming to an end. We are entering by fits and starts an era of transparency in which, we may someday hope, secret rules and hypocrisy will have no purchase.

Another arena with a longstanding division between sanitized public presentation and gritty reality is law enforcement. As with misogyny and political corruption, there is nothing new about police brutality and nothing new about its disproportionate application to brown-skinned people. For a long time though, it was sequestered in the realm of the unmentionable, relegated to the left-wing margins of political discourse or the statistics of academic papers. No longer. The advent of ubiquitous cell phone video cameras and other video surveillance has lifted the lid off the dark political unconscious and exposed its contents to light.

Here again, this exposure is making the two contradictory functions of the police – serving and protecting, and bullying and abusing – impossible to maintain simultaneously. It is only possible if the latter function is well hidden in the shadows.

I could go on to make similar points about drone strikes, refugee camps, clearcuts, and all the other injury and injustice that technology and social media are bringing into view. For a long time, propriety and ideology have buffered normalcy from the ugly inner workings of its maintenance. For example, the ideology of development has buffered us from the horrors of Third World sweatshops, strip mines, dispossession of land, and so forth. Lurid caricatures of violent criminals hides the grinding injustice of the legal system. The triumphal narrative of exploration and progress obscures the genocide of indigenous cultures. These various buffers, which allow contradictions to stand, have been necessary to operate a civilization built on exploitation and ecocide. Open up any social institution – politics, finance, business, education, medicine, academia, and even philanthropy – and you will find within it the same ugly machinations of power.

Today these buffers are disintegrating, despite the best efforts of established power to maintain secrecy, prosecute whistle-blowers, and control information. We might thank technology for bringing the dark underbelly of our system to light, but I think something larger is afoot. The trend toward transparency that is happening on the systems level is also happening in our personal relationships and within ourselves. Invisible inconsistencies, hiding, pretense, and self-deception show themselves as the light of attention turns inward. The tools of self-examination are proliferating on every level, from the personal to the collective. Herein is a link between the political developments I’ve described and the world of self-help, spirituality, or consciousness. At its best, these comprise ways of shedding light onto our internal contradictions and blockages in order to create a kind of inner transparency. On the interpersonal level too, a lot of work around partnership and community also aims for transparency, for example to expose hidden resentments, repressed desires, and unconscious conflicts. Illuminating the contradictions between the story and the actuality of a relationship brings the possibility of healing.

When previously hidden contradictions rise to consciousness and collide, the result is first denial and rage, followed by cognitive dissonance and the breakdown of normalcy. We see that happening today in the public sphere. That process can be disorienting, even paralyzing, as familiar orienting certitudes turn false. Who are we as a people? What is reliable? What is possible? What is real? We aren’t what we thought we were, and it isn’t what we thought it was. This confusion is a good thing. It is a sign of liberation from the old story that confined us. The exposure and clearing of hidden contradictions brings us to a higher degree of integrity, and frees up prodigious amounts of energy that had been consumed in the maintenance of illusions. What will our society be capable of, when we are no longer wallowing in pretense?


Cross-posted from CharlesEisenstein.net

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On Centrism: Why Are the “Adults in the Room” So Awful? https://blog.p2pfoundation.net/why-are-the-adults-in-the-room-so-awful/2016/09/27 https://blog.p2pfoundation.net/why-are-the-adults-in-the-room-so-awful/2016/09/27#respond Tue, 27 Sep 2016 10:00:00 +0000 https://blog.p2pfoundation.net/?p=60096 It’s common among centrists to describe themselves — in contrast to the “far Left” and “far Right” — as the “rational adults” who can compromise and get things done. The “rational adult” trope usually appears in conjunction with “Horseshoe Theory,” according to which wisdom and reasonableness inhere in the political center and deviation from the... Continue reading

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It’s common among centrists to describe themselves — in contrast to the “far Left” and “far Right” — as the “rational adults” who can compromise and get things done. The “rational adult” trope usually appears in conjunction with “Horseshoe Theory,” according to which wisdom and reasonableness inhere in the political center and deviation from the center is identified with greater “extremism” the further to the Left or Right one goes.

In fact Michael Arnovitz (“Thinking About Hillary — A Plea for Reason,” The Policy, June 12) comes right out and says that, because the Right and Left criticize Clinton for opposite, mutually inconsistent reasons, her critics must be wrong — presumably meaning that splitting the difference between them puts her in the Baby Bear position at the exact center, which is “just right.”

The problem is that But in fact the positions taken by those two parties are neither mutually exhaustive nor mutually exclusive. And the great majority of issues they agree on — the fundamental structural assumptions of corporate capitalism and American global hegemony — never become visible as “issues” at all because they’re not in dispute.

The “two sides” reflect the range of acceptable disagreement within a ruling class that shares most of its interests and assumptions in common. In fact even bringing up the concept of a ruling class, or of the basic structure of our system as reflecting the interests of that ruling class, is enough to make Chris Matthews clutch his pearls over “tinfoil hats.”

So that means both “centrism” and “extremism” are defined entirely in terms of the status quo. A centrist is one who implicitly accepts the normality and legitimacy of the existing system and its power structures. Any radical structural critique that looks into the role of class interest, race or gender privilege or the exercise of unaccountable power in its creation, is “extremist.”

“Moderates” are defined entirely in terms of how closely they adhere to a system regarded as normal, natural and inevitable in its fundamental nature, and “extremists” by how far they deviate from it.

Any “reform” that involves tinkering around the edges of a power structure without fundamentally changing it, and can be implemented by the same classes of people who are running the present system, will be classified as “moderate.” Any proposal that involves changing the fundamental power-structure and disempowering the current ruling class is “radical.”

Radical structural analysis refuses to treat the existing state of things as something that’s “just that way,” or “what most people want.” It sees the exercise of power for what it is — being in the interest of some at the expense of others. And it is therefore labeled “extremist” by the “centrists” who hold power.

Some of the most ardent centrists — like the smarmy Chris Matthews — dismiss any such radical structural critiques as “conspiracy theories.” On a late 2010 episode of the Matthews show, a guest who opposed the new TSA scanners and associated peep-or-grope regime claimed that the scanners were actually ineffective and mentioned that a number of high-ranking Homeland Security officials had stock in the company that made them. Matthews was near-apoplectic in denouncing this “conspiracy theory” — despite his own 30-second spots on MSNBC quoting Eisenhower on the Military-Industrial Complex.

So we wind up with a policy-making elite who limit themselves to a set of alternatives ranging from M to N, governed by what C. Wright Mills called “Crackpot Realism.” As Buckminster Fuller put it: They’re trying to solve problems with the same level of thinking that created those problems. Ivan Illich described such people’s approach as “attempting to solve a crisis by escalation.”

A good example of the latter is urban planners, who attempt to solve the traffic congestion caused by car-centered monoculture development by building new freeways and bypasses — which simply generate more traffic to and from the new suburbs and strip malls that grow up at every cloverleaf along the new subsidized highways. Or the American national security state, which deals with terrorism (the product of blowback from previous imperial intervention) through new interventions which generate even more terrorism.

Although centrists see themselves as the “adults in the room,” who see what must be done and don’t draw back from doing it, they also pride themselves on being the “real” humanitarians and idealists. To quote Michael Lofgren:

The benefit of crackpot realism is that the ordinary prudence of advocating avoidance of war can be depicted either as sloppy and unrealistic sentimentalism or as the irresponsible avoidance of the burdens and duties of a superpower in a dangerous world. In its refined form, crackpot realism wears the camouflage of idealism: military invasions are really aimed at humanitarian rescue, spreading democracy, or peacekeeping. In those cases, the crackpot realist can even affect a morally censorious tone: How can any serious person be in favor of letting Saddam Hussein remain president of Iraq? Or Bashir al Assad in Syria? Or whoever the Hitler du jour might be.

Centrism is utterly unself-critical, insofar as it ignores its own status as a component in a legitimizing ideology. Any system of power includes a cultural reproduction apparatus that tends to create the kinds of “human resources” who accept as normal and given the structure of power under which they live.

As part of a legitimizing ideology, centrist Horseshoe Theory is guilty of — as @NerbieDansers, a friend on Twitter, pointed out — “constant erasure of violence for which the reasonable, moderate center is responsible”; instead it “turns violence into a function of mere distance from a mythic peaceful center.” The system represented by the center is not simply “responsible” for violence; massive levels of violence have been, and are, entailed in establishing and maintaining the system of power that centrists recognize as normal.

The present system is not some natural or inevitable fact of nature that “just happened,” because it makes the most sense to do things that way. It is a thing with a beginning, a history — and (with apologies to Marx) it’s a history written in letters of blood and fire. As I have written elsewhere:

Bear in mind that the corporate-state power structure didn’t come about naturally or spontaneously.  It came about through conscious, massive application of political power over the past 150 years.

From the Gilded Age on, the state intervened massively in the market to create a society dominated by giant, centralized organizations like government agencies and corporations, and later by centralized state education, large universities, and nonprofit foundations. When this state-created and state-subsidized centralized industrial economy became plagued with chronic excess capacity and underconsumption, the state turned toward policies to keep it going.  This included a domestic economy centered on federal spending to absorb surplus capital through such massive state spending projects as the Interstate Highway System, a military-industrial complex that ate up huge amounts of surplus industrial output, and a foreign policy aimed at forcibly incorporating the markets and resources of the entire planet as a sink for surplus capital and output.

At the time the system was being imposed by the state, there was large-scale resistance by a general population that didn’t accept it as normal.  From the 1870s through WWI, a major part of the population refused to accept as normal a situation in which they worked as wage labors for large authoritarian hierarchies.  Movements such as the farm populist movement and the Knights of Labor amounted to near-insurrections, and such measures as the post-Haymarket repression and Cleveland’s suppression of the Pullman Strike constituted counter-revolution.

After the insurrection was defeated, the white-collar bureaucrats controlling corporate and state hierarchies adopted an educational system aimed at processing people who accepted the structure of power as normal.  The official public education movement, advocates of “100% Americanism,” and the like, aimed at creating “human resources” who were “adjusted” to accept authoritarianism and hierarchy as normal, and to “comply” with any orders coming from an apparatchik behind a desk — whether in a classroom, factory, or government office.

But we don’t have to look at history to see how much violence is at the heart of the system that these “reasonable centrists” take for granted. The system requires massive ongoing violence for its preservation. Just pick up a copy of William Blum’s KILLING HOPE and look at the United States’ post-WWII record of invading countries, overthrowing governments, backing military coups and sponsoring death squads. And the bipartisan foreign policy consensus that has prevailed for the past few decades has been defined around the legitimacy of such intervention. Even so-called “liberals” share the consensus that, as Chomsky put it, “America owns the world.”

The “reasonable centrists,” for their part, are typically shameless apologists for this consensus and the bloody intervention it promotes. The current news is full of examples of what garbage human beings these “adults in the room” really are.

At Business Insider, Josh Barro (“Donald Trump  and the GOP’s crisis,” May 3) contrasts Trump to “adults in the room” like Jeb Bush. The first three of Trump’s deviations from the alleged moderate orthodoxies of the donor class that Barro mentions are “opposing free trade, promising to protect entitlements from cuts, [and] questioning the value of America’s commitment to military alliances.” The fourth, challenging the growing acceptance of transgender people, is common to most of the GOP. So in practice, the main differences the Republican “adults in the room” have with Trump are his rejection of neoliberal orthodoxy on the global political hegemony of the U.S. and the corporate order it enforces, not his godawful social views.

Neera Tanden — head of Center for American Progress, Hillary Clnton ally and Clinton appointee to the Democratic Party’s Platform Committee — in 2013 stated on Twitter in regard to Syria that “while I don’t want to be the world’s policeman, an unpoliced world is dangerous. The US may be the only adult in the room left.”

Clinton herself, most centrists’ beau ideal of an adult in the room, associates herself with figures like Rahm Emanuel, who as head of the Democratic National Campaign Committee denied national party campaign funds in 2006 to candidates who opposed the Iraq war, and as Chicago mayor has run political cover for a police illegal detention site and promoted school charterization on the largest scale seen outside New Orleans. She voted to authorize Bush’s war in Iraq and regurgitated his lies about “weapons of mass destruction,” in order to maintain her future viability as a politican. As Obama’s Secretary of State, she was consistently the strongest voice in favor of military intervention as a tool of policy; she was the most influential voice behind Obama’s reluctant intervention in Libya, and to this day regrets that she did not persuade him to intervene in Syria full-scale. More recently she has not only defended Netanyahu’s crimes against humanity in Gaza, but promised to take America’s relationship with Netanyahu — not just Israel, but Netanyahu — to “the next level.”

Clinton recently devoted an entire speech (after praising her hosts, the American Legion — which started out as a right-wing paramilitary fighting Wobblies in the street) to smarmy self-congratulations that “the United States stands up to dictators” and promises to continue to maintain the world’s largest military to meet all the “threats” out there. This despite the fact that she actively encouraged a right-wing military coup in Honduras, and wears with pride the endorsement of her vacation buddy, war criminal Henry Kissinger, who was instrumental in Pinochet’s overthrow of Allende and the sweep of the entire South American continent by military dictatorships, as well as the invasion and genocide in East Timor.

As for all those “threats,” Clinton and Tanden share the same operating assumptions as Henry Kissinger and the rest of the bipartisan National Security establishment — a set of assumptions summarized by Chomsky’s statement quoted above that “the United States owns the world.” It is for the United States to unilaterally define what size military is sufficient for a given country’s “legitimate defensive needs,” while it defines its own “defensive” needs in terms of the ability to project offensive force anywhere in the world and successfully invade and defeat any other country. It is for the United States to unilaterally define “aggression” anywhere in the world, to define as a “threat” the capability to successfully defend against an American attack, and to define as “defense” encircling any such country, on the other side of the world, with offensive military bases.

The United States is the hegemonic power which upholds a global political, economic and military order established at the end of WWII, which exists to integrate the markets and natural resources of the Global South into the needs of Western corporate capital; and in the parlance of the U.S. National Security elite, any country which attempts to challenge that order by seceding from it is a “threat.”

In the name of upholding this global order against “threats,” the United States since WWII has invaded and/or overthrown the governments of more countries than any other empire in history, backed military coups and death squads, with a death toll of multiple millions.

This is what your “adults in the room” have done. They have constructed a system of power, first domestically and then globally, the main purpose of which is to extract surplus labor from us to feed the rentiers they represent. In enforcing this system of power, they have inflected megadeaths on the world, and have no compunctions against inflicting more. The “adults in the room” are monsters. It’s time to take away their plaything — the American state — which they have used to wreak this destruction and mayhem on the world, and to make sure nobody else ever wields it again.

Citations to this article:

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Vote If You Must… Then Do What Really Matters https://blog.p2pfoundation.net/vote-if-you-must-then-do-what-really-matters/2016/08/21 https://blog.p2pfoundation.net/vote-if-you-must-then-do-what-really-matters/2016/08/21#respond Sun, 21 Aug 2016 09:00:00 +0000 https://blog.p2pfoundation.net/?p=59109 The heat of a presidential election campaign is a good time to reflect on the old Howard Zinn quote about voting: “Would I support one candidate against another? Yes, for two minutes—the amount of time it takes to pull the lever down in the voting booth.” But what really matters, for building a genuinely just... Continue reading

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The heat of a presidential election campaign is a good time to reflect on the old Howard Zinn quote about voting: “Would I support one candidate against another? Yes, for two minutes—the amount of time it takes to pull the lever down in the voting booth.” But what really matters, for building a genuinely just and democratic society, is what we do with our time before and after pulling that lever.

Zinn’s observation has never been more true than in this election year, when the two candidates running under major party banners have the fewest redeeming features of any presidential candidates in my lifetime.

I have no moral qualms at all against strategic voting in self-defense. Until a few weeks ago, I was inclined to boycott the election altogether. I thought and still think that Hillary Clinton is godawful and had considerable sympathy for the Sanders insurgency. But a handful of recent developments like revelations by the ghostwriter of “The Art of the Deal” and the howls of fascist bloodlust at the GOP convention have convinced me that Trump’s threat goes beyond the ordinary and reaches Germany 1932 levels — or maybe Greg Stillson in “The Dead Zone” levels. So yeah, I’m willing to vote Clinton if my state is close just to avert that threat.

But the choice is still one between merely godawful and apocalyptically bad. Trump is a rallying point for outright fascism by social reactionaries and racists who want to reverse the tide of history. Trump openly threatens, in rhetoric unmatched for authoritarianism since Giuliani held office in New York, to use the full power of the state to harass and shut down his critics in the press.

As for Clinton… Well, the prominence given to retired Gen. John Allen’s jingoistic ravings were featured at the Convention, and the fact that delegates chanting “No more wars!” were shouted down by mindless barking of “USA! USA!”, says it all. She’s more hawkish than Obama. She’s fully committed to Obama’s program of murderous drone warfare and legal persecution of whistleblowers, and agrees with Trump on the substance of his stances on mandatory encryption backdoors and Internet surveillance. On issues like the Trans Pacific Partnership, fracking and the Keystone pipeline she has — reluctantly and with great equivocation — responded to pressures on her left flank by making leftish sounding noises. But nobody outside the most sycopanthic “I’m With Her!” Kool-aid drinkers expect her to honor them once elected. If her economic policy team isn’t made up of appointees from Citigroup, Goldman Sachs and the Federal Reserve Bank of New York, I’ll eat my shorts.

So the outcome of this vote will, at best, slow down the rate at which the American government gravitates towards plutocracy, police statism and global corporate Empire.

It’s pretty unrealistic, when you get right down to it, to expect anything else. The American state is part of a complex of institutions whose job is to prop up corporate capitalism and enforce white supremacy, and the two major parties — including the establishments and finance systems that filter the candidates you’re allowed to choose between in the primaries — are very much a part of that system.

That’s not to say that political action is useless — but its main purpose is to run interference, to deter state repression, and to safeguard our primary task, which is outside the realm of electoral politics: actually building the kind of society we want to live in.

Insurrectionary and revolutionary approaches to systemic change, and Old Left approaches like Leninism and Social Democracy, take a strategic approach focused on capturing the centers of political and economic power and using the state to transform the socio-economic system. Such approaches require a verticalist organizational model based on institutional mass and hierarchical structure — for example centrally coordinated mass political parties, establishment lobbies and NGOs.

But this model of influencing or capturing the state is becoming less and less relevant as a growing share of functions performed by governments and large corporations become obsolete.

In the 19th century the economy became dominated by the giant corporations that could afford the increasingly expensive machinery required for production. And around these giant corporations, there grew a complex of other centralized, hierarchical institutions like government agencies, universities, charitable foundations and public school systems for providing the corporations with organizational inputs they needed or stabilizing their functioning within the larger society.

Today we’re experiencing a reversal of that transformation. We have a set of tools for building a cooperative, horizontally organized counter-economy under our own democratic control. Permaculture and other intensive farming techniques can produce far more food from far less land than the giant agribusiness operations on their stolen land. Open source micro-manufacturing tools, like routers, 3-D printers, cutting tables and the like that can be produced for $1000 or less apiece, mean that a small shop with CNC tabletop machine tools worth six months’ factory pay can do the former work of mass production dinosaur industry. Self-organized networks are far more efficient, as coordinating mechanisms, than the old institutional bureaucracies with their Taylorist work rules and Weberian job descriptions.

Put them all together, and you’ve got a junkyard dog counter-economy that can not only operate on a tiny fraction of the enormous piles of stolen capital and land of the corporate economy, but — because of its high-overhead and bureaucratic ossification — run circles around it in agility.

Throughout most of history, class exploitation was based on physical control of access to the means of production, which were scarce and expensive. The propertied classes enclosed the land and then extracted rents from those who lived and worked on it. They used their accumulated stolen wealth to build factories, and with the help of their state’s police and military controlled the terms on which the working class, robbed of its property in the land, was allowed to work in them.

Today, when the physical means of production are becoming radically abundant and cheap, and the most important productive resource is the knowledge and social relationships of workers themselves, capitalists must instead enforce, not physical control of the means of production, but legal monopolies on the actual right to produce.

The capitalist state’s central strategy, through instruments like TPP and other “Free Trade” Agreements, is to impose ever more draconian “intellectual property” laws that enforce legal monopolies on the very right to produce: on the right of associated labor to apply general intellect to physical nature, without the permission of the corporations that “own” those human relationships and knowledge. And the biggest threat it faces is networked, horizontal movements like Occupy Wall Street, Black Lives Matter, and assorted movements to hack “intellectual property” in culture, software and hardware; hence the rapid growth in the machinery of the surveillance state.

But even here, the capitalists and their state find themselves at a disadvantage. Because of the agility of networked organization and the stupidity of hierarchy, the technologies for circumventing monopoly are always three steps ahead of the technologies for enforcing it.

So if you feel the need to vote in order to avert the immediate threat of fascism, by all means do so. But the state and the class system it enforces are doomed in the long run. And in the meantime, we have a new society to build.

Photo by Darron Birgenheier

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Jill Stein’s Radical Funding Solution https://blog.p2pfoundation.net/jill-steins-radical-funding-solution/2016/08/07 https://blog.p2pfoundation.net/jill-steins-radical-funding-solution/2016/08/07#respond Sun, 07 Aug 2016 09:30:00 +0000 https://blog.p2pfoundation.net/?p=58620 Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate, with donations to her campaign exploding nearly 1000% after he endorsed Hillary Clinton. Stein salutes Sanders for the progressive populist movement he began and says it is up to her to carry the baton. Can she do it? Critics say her radical... Continue reading

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Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate, with donations to her campaign exploding nearly 1000% after he endorsed Hillary Clinton. Stein salutes Sanders for the progressive populist movement he began and says it is up to her to carry the baton. Can she do it? Critics say her radical policies will not hold up to scrutiny. But supporters say they are just the medicine the economy needs.

Stein goes even further than Sanders on several key issues, and one of them is her economic platform. She has proposed a “Power to the People Plan” that guarantees basic economic human rights, including access to food, water, housing, and utilities; living-wage jobs for every American who needs to work; an improved “Medicare for All” single-payer public health insurance program; tuition-free public education through university level; and the abolition of student debt. She also supports the reinstatement of Glass-Steagall,  separating depository banking from speculative investment banking; the breakup of megabanks into smaller banks; federal postal banks to service the unbanked and under-banked; and the formation of publicly-owned banks at the state and local level.

Going beyond Bernie, she calls for large cuts to the bloated military budget, which makes up 55% of federal discretionary spending; and progressive taxation, ensuring that the wealthy pay their fair share. Most controversial, however, is her plan to tap up the Federal Reserve. Pointing to the massive sums the Fed produced out of the blue to bail out Wall Street, she says the same resources used to save the perpetrators of the crisis could be made available to its Main Street victims, beginning with the students robbed of their futures by massive student debt.

It Couldn’t Be Done Until It Was

Is tapping up the Fed realistic? Putting aside for the moment the mechanics of pulling it off, the central bank has indeed revealed that it has virtually limitless resources, as seen in the radical “emergency measures” taken since 2008.

The Fed first surprised Congress when it effectively “bought” AIG, a private insurance company, for $80 billion. House Speaker Nancy Pelosi remarked, “Many of us were . . . taken aback when the Fed had $80 billion to invest — to put into AIG just out of the blue. All of a sudden we wake up one morning and AIG has received $80 billion from the Fed. So of course we’re saying, Where’s this money come from?”

The response was, “Oh, we have it. And not only that, we have more.”

How much more was revealed in 2011, after an amendment by Sen. Bernie Sanders to the 2010 Wall Street reform law prompted the Government Accounting Office to conduct the first top-to-bottom audit of the Federal Reserve. It revealed that the Fed had provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the economic crisis. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else,” said Sanders in a press release.

Then there was the shocker of “quantitative easing” (QE), an unconventional monetary policy in which the central bank creates new money electronically to buy financial assets such as Treasury securities and mortgage-backed securities (many of them “toxic”) from the banks. Critics said QE couldn’t be done because it would lead to hyperinflation. But it was done, and that dire result has not occurred.

Unfortunately, the economic stimulus that QE was supposed to trigger hasn’t occurred either. QE has failed because the money has gotten no further than the balance sheets of private banks. To stimulate the demand that will jumpstart the economy, new money needs to get into the real economy and the pockets of consumers.

Why QE Hasn’t Worked, and What Would

The goal of QE as currently implemented is to return inflation to target levels by increasing private sector borrowing. But today, as economist Richard Koo explains, individuals and businesses are paying down debt rather than taking out new loans. They are doing this although credit is very cheap, because they need to rectify their debt-ridden balance sheets in order to stay afloat. Koo calls it a “balance sheet recession.”

As the Bank of England recently acknowledged, the vast majority of the money supply is now created by banks when they make loans. Money is created when loans are made, and it is extinguished when they are paid off. When loan repayment exceeds borrowing, the money supply “deflates” or shrinks. New money then needs to be injected to fill the breach. Currently, the only way to get new money into the economy is for someone to borrow it into existence; and since the private sector is not borrowing, the public sector must, just to replace what has been lost in debt repayment. But government borrowing from the private sector means running up interest charges and hitting deficit limits.

The alternative is to do what governments arguably should have been doing all along: issue the money directly to fund their budgets.

Central bankers have largely exhausted their toolkits, prompting some economists to  recommend some form of “helicopter money” – newly-issued money dropped directly into the real economy. Funds acquired from the central bank in exchange for government securities could be used to build infrastructure, issue a national dividend, or purchase and nullify federal debt. Nearly interest-free loans could also be made by the central bank to state and local governments, in the same way they were issued to rescue an insolvent banking system.

Just as the Fed bought federal and mortgage-backed securities with money created on its books, so it could buy student or other consumer debt bundled as “asset-backed securities.” But in order to stimulate economic activity, the central bank would have to announce that the debt would never be collected on. This is similar to the form of “helicopter money” recently suggested by former Fed Chairman Ben Bernanke to the Japanese, using debt instruments called “non-marketable perpetual bonds with no maturity date” – bonds that can’t be sold or cashed out by the central bank and that bear no interest.

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Green Party 2016 presidential candidate Jill Stein. (Gage Skidmore / CC-BY-2.0)

The Bernanke proposal (which he says could also be used by the US Fed in an emergency) involves the government issuing bonds, which it sells to the central bank for dollars generated digitally by the bank. The government then spends the funds directly into the economy, bypassing the banks.

Something similar could be done as a pilot project with student debt, Stein’s favorite target for relief. The US government could pay the Department of Education for the monthly payments coming due for students not in default or for whom payment had been suspended until they found employment. This would free up income in those households to spend on other consumer goods and services, boosting the economy in a form of QE for Main Street.

In QE as done today, the central bank reserves the right to sell the bonds it purchases back into the market, in order to reverse any hyperinflationary effects that may occur in the future. But selling bonds and taking back the cash is not the only way to shrink the money supply. The government could just raise taxes on sectors that are currently under-taxed (tax-dodging corporations and the super-rich) and void out the additional money it collects. Or it could nationalize “systemically important” banks that are insolvent or have failed to satisfy Dodd-Frank “living will” requirements (a category that now includes five of the country’s largest banks), and void out some of the interest collected by these newly-nationalized banks. Insolvent megabanks, rather than being bailed out by the government or “bailed in” by their private creditors and depositors, arguably should be nationalized – not temporarily, but as permanent public utilities. If the taxpayers are assuming the risks and costs, they should be getting the profits.

None of these procedures for reversing inflation would be necessary, however, if the money supply were properly monitored. In our debt-financed system, the economy is chronically short of the money needed to support a dynamic, abundant economy. New money needs to be added to the system, and this can be done without inflating prices. If the money goes into creating goods and services rather than speculative asset bubbles, supply and demand will rise together and prices will remain stable.

Is It in the President’s Toolbox?

Whether Stein as president would have the power to pull any of this off is another question. QE is the province of the central bank, which is technically “independent” from the government. However, the president does appoint the Federal Reserve’s Board of Governors, Chair and Vice Chair, with the approval of the Senate.

Failing that, the money might be found by following the lead of Abraham Lincoln and the American colonists and issuing it directly through the Treasury. But an issue of US Notes or Greenbacks would also require an act of Congress to change existing law.

If Stein were unable to get either of those federal bodies to act, however, she could resort to a “radical” alternative already authorized in the Constitution: an issue of large-denomination coins. The Constitution gives Congress the power to “coin Money [and] regulate the value thereof,” and Congress has delegated that power to the Treasury Secretary. When minting a trillion dollar platinum coin was suggested as a way around an artificially imposed debt ceiling in January 2013, Philip Diehl, former head of the U.S. Mint and co-author of the platinum coin law, confirmed:

In minting the $1 trillion platinum coin, the Treasury Secretary would be exercising authority which Congress has granted routinely for more than 220 years. The Secretary authority is derived from an Act of Congress (in fact, a GOP Congress) under power expressly granted to Congress in the Constitution (Article 1, Section 8).

The power just needs to be exercised, something the president can instruct the Secretary to do by executive order.

In 1933, President Franklin Roosevelt engaged in a radical monetary reset when he took the dollar off the gold standard domestically. The response was, “We didn’t know you could do that.” Today the Federal Reserve and central banks globally have been engaging in radical monetary policies that have evoked a similar response, and the sky has not fallen as predicted.

As Stein quotes Alice Walker, “The most common way people give up their power is by thinking they don’t have any.”

The runaway success of Sanders and Trump has made it clear that the American people want real change from the establishment Democratic/Republican business-as-usual that Hillary represents. But real change is not possible within the straitjacket of a debt-ridden, austerity-based financial scheme controlled by Wall Street oligarchs. Radical economic change requires radical financial change, as Roosevelt demonstrated. To carry the baton of revolution to the finish line requires revolutionary tools, which Stein has shown she has in her toolbox.


Cross-posted from Truthout and originally titled “Can Jill Stein Carry Sanders’ Baton? A Look at the Green Candidate’s Radical Funding Solution”

Photo by 401(K) 2013

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