Sunday, April 30, 2023

Week-end Wrap – Political Economy – April 30, 2023

Week-end Wrap – Political Economy – April 30, 2023

by Tony Wikrent


Strategic Political Economy

America Fails the Civilization Test

[The Atlantic, via The Big Picture 4-23-2023]

The true test of a civilization may be the answer to a basic question: Can it keep its children alive?

For most of recorded history, the answer everywhere was plainly no. Roughly half of all people—tens of billions of us—died before finishing puberty until about the 1700s, when breakthroughs in medicine and hygiene led to tremendous advances in longevity. In Central Europe, for example, the mortality rate for children fell from roughly 50 percent in 1750 to 0.3 percent in 2020. You will not find more unambiguous evidence of human progress.

How’s the U.S. doing on the civilization test? When graded on a curve against its peer nations, it is failing. The U.S. mortality rate is much higher, at almost every age, than that of most of Europe, Japan, and Australia….

According to data collected by Burn-Murdoch, a typical American baby is about 1.8 times more likely to die in her first year than the average infant from a group of similarly rich countries….

GRAPH: U.S. annual mortality rate as a multiple of similarly rich countries

By the time an American turns 18, the U.S. death ratio surges to 2.8. By 29, the U.S. death ratio rockets to its peak of 4.22, meaning that the typical American is more than four times more likely to die than the average resident in our basket of high-income nations. In direct country-to-country comparisons, the ratio is even higher. The average American my age, in his mid-to-late 30s, is roughly six times more likely to die in the next year than his counterpart in Switzerland.


The False Choice Between Neoliberalism and Interventionism 

Yuen Yuen Ang [Project Syndicate, via Naked Capitalism 4-25-2023]

To some commentators, the recent passage of the CHIPS and Science Act and the Inflation Reduction Act, US President Joe Biden’s two signature industrial policies, marks the end of neoliberalism and the re-emergence of interventionism as the dominant paradigm.

But this is a false dichotomy. Governments are not limited to a binary choice between laissez-faire and top-down planning. A third option, long-neglected by policymakers and economists, is for governments to direct bottom-up processes of improvisation and creativity, akin to the role of an orchestra conductor. One can find plenty of examples of this in China and the US….

In defiance of Western prescriptions, Japan and the four “Asian tigers” – Hong Kong, Singapore, South Korea, and Taiwan – opted for massive government intervention. By crafting long-term plans, investing in public infrastructure, and selecting and promoting potentially successful industries with favorable policies, all of them achieved extraordinary economic growth between the 1960s and the 1990s. Proponents of the model underlying the “East Asian Miracle” criticized the Washington Consensus for ignoring the indispensable role of governments in late-developing economies.

[TW: Actually, it’s not a false choice—There Is No Choice. Either we jettison neoliberalism and its pagan worship of markets, or we continue to fail the Civilization Test. ]

Sunday, April 23, 2023

Week-end Wrap – Political Economy – April 23, 2023

Week-end Wrap – Political Economy – April 23, 2023

by Tony Wikrent


Strategic Political Economy

The Democrats’ Appalling Failure to Confront the Rogue, Right-Wing Supreme Court

Simon Lazarus, April 21, 2023 [The New Republic]

...For decades, Democratic politicians have dodged challenging the ultra-right’s drive to junk the post–New Deal liberal Constitution, with made-up doctrines that, in the apt words of liberal Justice Elena Kagan, would make “most of government unconstitutional.” ...[The] Democratic Party that has remained perversely tight-lipped in the face of the existential threat the Supreme Court poses to its aspirations. If Democrats want to change this dynamic, they will, at the very least, have to start talking about it.

In its first two terms following Biden’s ascent to the White House, the court’s right-wing justices have flaunted their zeal to validate Reagan Solicitor General Charles Fried’s 2020 warning that they would “take a constitutional wrecking ball to generations of Supreme Court doctrine.” In addition to their incandescent elimination of a half-century-old individual right to abortion, the reactionary justices have, with less notice, overridden explicit constitutional and statutory text to ax long-standing labor, consumer, health, safety, environmental, and civil rights regulatory and safety-net guarantees….

Biden, and most Democratic politicians, reacted to these body blows to liberal governance with little more than feckless press-release lamentations that treat these “retrograde rulings”—to use historian Jeff Shesol’s words—as “discrete events rather than the defining project of the court’s conservatives: to lay waste to the welfare state and the administrative state, the civil rights revolution, the underpinnings of an accountable, workable government.”

Conservatives don’t make these mistakes. They hoist the banners of “originalism” and “textualism,” as legal cover for yoking the courts to their policy and political agendas, even while ignoring originalist or textualist principles whenever they prove politically inconvenient. Right-leaning politicians, pundits, and policy advocates turn arguments developed by their academics, judges, and legal experts into slick talking points. When liberal politicians ignore the right’s fabricated claims that modern liberal governance flouts the Constitution, or that particular liberal measures disregard pertinent statutory text, the results can be devastating….

 Liberals’ phobia about mastering and publicly messaging constitutional and legal claims is ahistorical. Not only do their current adversaries on the right assiduously wrap themselves in the Constitution and ignore the idea that certain discussions are somehow gauche; liberals’ own ideological predecessors did likewise. Icons such as Franklin and Theodore Roosevelt, Abraham Lincoln, and the original Framers, including Jefferson and Madison as well as Washington and Hamilton, crafted legally sophisticated but politically canny characterizations of the text and Framers’ design of the Constitution and relevant laws….

It was not always like this. Indeed, it was never like this. In the past, when the fundamental direction and structure of government was in play, great liberal leaders took their constitutional case directly to the public. Consider the messaging strategies deployed by FDR and his allies: Following the high court’s invalidation of the 1933 National Recovery Act, Roosevelt opened his next fireside chat by voicing “a hope that you have reread the Constitution [which] like the Bible, ought to be read again and again.” He delved into the Constitution’s text, quoted the dissenting opinions at length, and concluded by saying, “I want—as all Americans want—a Supreme Court that will enforce the Constitution as written, [not] amend the Constitution by … judicial say-so.”

Eight decades before Roosevelt arrived on the scene, Abraham Lincoln, as candidate as well as president, routinely furnished equally graphic examples of deep-dive constitutional messaging…. 

In an 1854 speech assailing the Stephen Douglas–sponsored Kansas-Nebraska Act, which repealed the 1820 Missouri Compromise that had banned slavery in new territories North of the Mason-Dixon line, Lincoln stressed that Thomas Jefferson, author of the Declaration, had also authored the Northwest Ordinance of 1787, which banned slavery in all new territories, arguing that the Framers intended “We the People” to include all people, not just whites. In his 1858 debates with Douglas, Lincoln acquired a national reputation through his compelling refutations of Douglas’s embrace of Taney’s whites-only Constitution. Unafraid of parsing the text in a political forum, Lincoln stressed that “nowhere in the Constitution, does the word ‘slavery’ or ‘negro race’ occur.” Lincoln argued that this textual silence meant that that the Framers’ “purpose was that [after slavery had, as the Framers expected, vanished] there should be nothing on the face of the great charter of liberty suggesting that such a thing as slavery had ever existed among us.”

Campaigning for the Republican presidential nomination, in his February 1860 speech at Cooper Institute in New York City, Lincoln documented that 21 of the 39 signatories of the Constitution supported federal control over slavery in the territories, and that most of the others were outspoken abolitionists, including Benjamin Franklin, Alexander Hamilton, and Gouverneur Morris. He also cited a letter from George Washington to the Marquis de Lafayette endorsing the prohibition of slavery in the Northwest Territories.


Democrats Struggle to Face the Illegitimate Court System

Ryan Cooper, April 21, 2023 [The American Prospect]

Last year, I argued against the principle of judicial review. For almost all of its history, the Supreme Court has been a reliable force for oligarchy and white supremacy—upholding slavery and Jim Crow, striking down child labor, minimum-wage, and civil rights laws, inventing corporate personhood and qualified immunity for police out of thin air, and on and on. Even on the rare occasions when it has expanded rights, it has commonly reversed itself later, as we saw with the Dobbs decision. Both of America’s greatest presidents, FDR and Abraham Lincoln, had to confront the Court head-on to deal with great crises tearing the nation apart.


[TW: I have written a number of times that “the left” has shot itself in the head by rejecting these lessons  of American history as just part of the “racist, patriarchal, elitist origins of America.” It has allowed the conservative and libertarian movements — without opposition or impediment from “the left” — to popularize half-truths and outright lies as constitutional interpretation, and then masquerade as patriotic defenders of the Constitution. ]

Sunday, April 16, 2023

Week-end Wrap – Political Economy – April 16, 2023

Week-end Wrap – Political Economy – April 16, 2023

by Tony Wikrent


Climate and environmental crises

How an Early Oil Industry Study Became Key in Climate Lawsuits

[Yale Environment 360, via The Big Picture 4-9-2023]

For decades, 1960s research for the American Petroleum Institute warning of the risks of burning fossil fuels had been forgotten. But two papers discovered in libraries are now playing a key role in lawsuits aimed at holding oil companies accountable for climate change. 


The thread that ties the recent chemical spills together

[Vox, via The Big Picture 4-9-2023]

The growing oil and gas industry means more incidents like East Palestine.


Inside the battle over who gets to build the grid of the future 

[Minnesota Reformer, via Naked Capitalism 4-11-2023]

The U.S. Department of Energy issued a draft report in February that found a “pressing need” for new electric transmission infrastructure across the country to improve reliability, connect a rapidly growing number of solar, wind and battery storage projects, supply increasing electric demand and alleviate scattered pockets of consistently high prices across the country.

To meet the future envisioned by the federal infrastructure act and the Inflation Reduction Act, which both contain major provisions to boost clean energy, the country needs to increase its current transmission system by an eye-popping 57% by 2035, the report says. Princeton University’s Net-Zero America study estimates expanding transmission capacity by 60% by 2030 will cost $330 billion and tripling it by 2050 will cost $2.2 trillion.

But in some states, bills that have been pushed by utilities to give them exclusive or preferential treatment for building regional transmission lines, called “right-of-first-refusal” laws, mean customers might pay more than they should for all those wires and towers, critics say.

War

The coming war on China: the real target are the American people 

Alex Krainer, April 15, 2023 [sott.net]

Empire's proxy war on Russia is rapidly coming to a head in Ukraine and the imperial guard might urgently need a new war. Their next target is China and once more we witness a relentless escalation of provocations and hostility. In his Wall Street Journal column this week, former National Security Advisor John Bolton laid out his "grand strategy" to confront Russia and China. His genius idea is to give Taiwan "much more military aid" from western nations and "embed Taipei into collective-defense structures."

Bolton's warmongering is only the last in the long sequence of proclamations by US officials indicating the direction of their foreign policy. Last month, U.S. Secretary of the Army Christine Wormuth told an audience at the American Enterprise Institute (AEI) that the United States has "to prepare, to be prepared to fight and win that war" against China. This is not just idle talk: they really are preparing.
On Sunday, 10 January, Lieutenant General James Bierman, the commanding general of the Third Marine Expeditionary Force gave an interview to the Financial Times in which he said that his command is working hard to replicate the empire's military success (!) in Ukraine. Bierman explained that the US and its allies in Asia were recreating the groundwork that had enabled western countries to support Ukraine's resistance to Russia in preparing for scenarios such as Chinese invasion of Taiwan….

Sunday, April 9, 2023

Week-end Wrap – Political Economy – April 9, 2023

Week-end Wrap – Political Economy – April 9, 2023

by Tony Wikrent


Assange​​​​​​​: Ithaka, Revisited 

Scott Ritter [via Naked Capitalism 4-5-2023] Important.


Strategic Political Economy

Life Expectancy in USA, by zip code

[Twitter, via Naked Capitalism 4-3-2023]

x

.


U.S. share of world wheat production hit record low in 2022 

[Investigate Midwest, via Naked Capitalism 4-2-2023]


The carnage of mainstream neoliberal economics

Fiscal policy can always protect employment, incomes and business solvency if there is political will 

Bill Mitchell [via Naked Capitalism 4-4-2023]


The Republican Plan to Cut the Deficit on the Backs of Struggling Americans 

Grace Segers, April 6, 2023 [The New Republic]

The GOP is again pushing for harsher work requirements for Medicaid and SNAP—even though it would barely dent our national debt….

Adding work requirements to the Supplemental Nutrition Assistance Program, or SNAP, and Medicaid would reduce the deficit but would not be nearly enough to balance the federal budget, said Marc Goldwein, the senior vice president and senior policy director for the Committee for a Responsible Federal Budget. “You could eliminate SNAP and Medicaid and you wouldn’t balance the budget, so you’re not going to balance the budget with work requirements,” Goldwein said….

An analysis by the left-leaning Center for Budget and Policy Priorities found that 10 million people would be at risk of losing their SNAP benefits under Johnson’s proposal.

Sunday, April 2, 2023

Week-end Wrap – Political Economy – April 2, 2023

Week-end Wrap – Political Economy – April 2, 2023

by Tony Wikrent


Elite impunity

I've Been Waiting For This For 55 Years

wruckusgroink, March 31, 2023 [DailyKos]

Donald Trump has been indicted… I’ve been waiting for this moment for 55 years, since 1968. That was the year that Richard Nixon won the presidency by committing treason….

Johnson knew! He knew Nixon had committed treason! Why didn’t he go public? The whole gruesome story is here…

LBJ wanted to go public with Nixon's treason. But Clark Clifford, an architect of the CIA and a pillar of the Washington establishment, talked Johnson out of it. LBJ's close confidant warned that the revelation would shake the foundations of the nation.

In particular, Clifford told Johnson (in a taped conversation) that "some elements of the story are so shocking in their nature that I'm wondering whether it would be good for the country to disclose the story and then possibly have [Nixon] elected. It could cast his whole administration under such doubt that I think it would be inimical to our country's best interests."

In other words, Clifford told LBJ that the country couldn't handle the reality that its president was a certifiable traitor, eligible for legal execution….

….And of course the Reaganauts then happily go on to commit one of the most blatant crimes in American history that goes by the moniker “Iran-Contra.” This scheme was so flagrant, so shameless and so horrifying it still has the power to amaze. A law was passed banning the Reaganauts from providing aid to the contras of Nicaragua. So the Reaganuts set up Oliver North IN THE BASEMENT OF THE WHITE HOUSE (?!?!?) so he could wheel and deal an arrangement where the United States would SELL WEAPONS TO OUR SWORN ENEMIES THE IRANIANS, a terrorist-sponsoring state, and then funnel that money the very Contras they were forbidden, by law, to support.  What happened when this was discovered? As always, Charles Pierce, a god who graces us mere mortals with his divine presence, nails the story:

Washington decided, quite on its own, that "the country" didn't need another "failed presidency," so what is now known as The Village circled the wagons to rescue Reagan from his crimes. There was the customary gathering of Wise Men — The Tower Commission — which buried the true scandal in Beltway off-English and the passive voice.

….Cut to 2009. I’m sure you were as sickened and horrified by the evil thugs of the Bush-Cheney-Rumsfeld-Rove administration approving—actually ENCOURAGING—the torture of prisoners in Iraq (and then documenting it all, so the world could see). Here’s Richard Clarke, who was there and tried to stop them, on what they did….

….And so we elected Barack Obama! Time for these criminals to pay for their crimes, so no public official will ever be tempted to do something so outrageous again, right? Right?

NYT: OBAMA RELUCTANT TO LOOK INTO BUSH PROGRAMS ….

Nixon, Haldeman, Liddy, Reagan, Edwin Meese, Oliver North, George W. Bush, Dick Cheney, Donald Rumsfeld, Karl Rove...they sent Donald Trump a very clear message: “Break the law. The more outlandish the crime, the better. The punditocracy will dry-wash their hands and mumble platitudes and then protect you, because the ‘little people’ out there—so fragile!— are desperate that their illusions be preserved. Just deny, obfuscate, blame the press for spreading lies, blame the Democrats of persecution, and run out the clock.”


Bush’s Iraq War Lies Created a Blueprint for Donald Trump

[The Intercept, via The Big Picture 3-26-2023]