Sunday, March 27, 2016

Are Saints Bad For Us?

Are saints really good for humanity? Or are they just salespeople for an afterlife they cannot truthfully guarantee? In selling the afterlife are they, in more practical terms, supporting the ungodly selfishness of the powerful here on earth?

Here's a good article about the problem of saints, published in the Daily Beast. (Lest you think the Daily Beast is somehow connected with the satanic beast of Revelations, the paper's name is borrowed from the satire of Evelyn Waugh, who was a profoundly Catholic author.)

Philosopher Susan Wolf wrote a more profound and influential essay on this conundrum in 1982.

Christopher Hitchens (who had his own contradictions) subjected the next saint-in-waiting to this harsh accounting in 2003.

As unhelpful as she could be to the earthly human being, she was far from the worst thing that could have happened to the people she helped. She could have been better, or worse. This is where pure ideology parts company with practical good, with help that actually helps.

Catholic as she was, there is something dolefully Calvinist about the helping done by missionaries. Calvinists put the highest priority on an afterlife not on this one. Self denial is the holiest way to live. Meanwhile the whole idea of delayed gratification is so harmful to the world’s poor. The rich delay satisfying their appetites and are guaranteed immense gratification at a later date.The poor's delayed comfort accrues immediately to those who live in luckier places and circumstances, it bolsters their profit margin, it enhances their market advantage, and their piddling donations to the global mission absolve their far greater selfishness and the way they rig the global economy to keep billions conveniently in poverty. This is why Mother Teresa was the perfect saint for our capitalist world.

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Thursday, March 19, 2015

A Cunning Plan To Make America Fail

The GOP Plan Looks Like A Conspiracy To Make America Fail

97 of the 100 poorest counties in the US are in Red States. True? Certainly factual. (PolitiFact) The interpretation might depend on your politics. Rural tends to mean poor. It also tends to mean Republican. Why? That is very hard to understand. Which doesn’t make it untrue nor does it make the voting habits of those poor counties seem rational. But it does supply a rationale for the leaders who like to have stupid people under their supervision, in their electorate.

Republican hero Scott Walker has led Wisconsin toward the worst end of the economic spectrum (National Memo). Why do Republicans admire that? The money men admire it because it means they’re sucking the maximum amount of wealth and income away from the majority who work for a living. Their spare change can persuade the victims that it’s a great thing for them.

This kind of outright stupidity and greed and bad planning may explain why America’s worst enemy is America itself. (New Yorker article)

The Republicans’ (and their rich clients’) uniting principals are 1. kicking the working poor off healthcare and 2. keeping unregistered immigrants outside the law so they can go on hiring them for slave wages. There is an really cruel, greedy, heartless beauty to this. (New York magazine article explaining the GOP plan to replace Obamacare.)

This is only a winning strategy because they have all the money and money buys advertising and advertising creates fear.

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Saturday, April 19, 2014

The Rich Live Larger And Longer Than You And Me

I read an interesting article at the Atlantic and it got me thinking...

The core philosophy of the Republican Party these days is that a problem only exists if you spend money on it, meaning tax dollars, meaning THEIR tax dollars.

If you stop spending money trying to solve poverty (or the healthcare crisis) the problem ceases to exist.

In the mind of the Republican Party, poverty is only a problem because solving it costs rich people money they’d rather spend on another home in another tropical tax haven or on another corporate takeover.

If you stop spending money to alleviate poverty or the ill health of poor people the poor will go away and die and solve the problem more cheaply and therefore more efficiently.

As Scrooge said “Let them die then and decrease the surplus population.”

Why the American public doesn’t find this repugnant is a mystery until you realize that vast wealth also buys a lot of PR, a lot of network time, or, in the case of FoxNews, a whole network. (The Koch Brothers now hold a partial veto power over programming on PBS because they help fund it.) The .1% own most of the media.

The rich are not necessarily fascists, but they benefit from fascist policies so they often aren’t inclined to oppose them. It takes time out of their leisurely existence. Those who donate to liberal and progressive causes are to be applauded. They are acting against their own financial interests, just as the rural poor are voting against theirs, but what use are so few in the face of so many?

There is a meme going around that suggests that poverty is caused by the poor. You hear this on right wing talk radio.

Oddly enough, it’s true. In a way not quite captured by the right wing meme.

The poor who listen to right wing radio and watch FoxNews and nod obediently are helping deepen their own poverty and ignorance and ill health, by cooperating with the rejection of ObamaCare and by disbelieving science, by obeying their masters, by voting for Republican candidates who perpetuate their powerlessness. They are not stupid people, even though they are behaving stupidly. They are ignorant, not stupid. They may not even be ignorant, just ignorant of their predicament. They have been conned and are now invested in that con game, too embarrassed to admit it, because admitting you were tricked is harder than losing what was stolen from you in the process.

You have to reach a very low point before you admit you did something dumb, and, luckily for the Republican Party, most of the poor people who vote for them would rather die first.

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Thursday, October 18, 2012

Vast Income Disparity is Bad for Business (Someone Tell Mitt)

In yesterday's New York Times, Annie Lowrey wrote about new findings by the International Monetary Fund economists (not a radical or lefty bunch by any means), laying out the clear and present danger the current disparity in incomes and wealth presents to the American economy and the global economy.

This is what the president was addressing during the debate the other night, and Romney was denying. Romney has built his fortune on the basis of income inequality, squeezing pay and benefits out of company after company, loading them with debt and looting pensions to enrich his small group of investors.

Turns out it's bad for business and bad for the broader economy––no real surprise––because employees of one company are the customers of other companies. It doesn't help the economy when one man's wealth is derived from another man's poverty. It's against the American grain.

Lowrey writes:

Since the 1980s, rich households in the United States have earned a larger and larger share of overall income. The 1 percent earns about one-sixth of all income and the top 10 percent about half, according to statistics compiled by the respected economists Emmanuel Saez of the University of California, Berkeley and Thomas Piketty of the Paris School of Economics.

For years, economists have thought of such inequality in part as a side effect of policies that fostered the country’s economic dynamism — its tax preferences for investment income, for instance. And organizations like the World Bank and the I.M.F., which is based in Washington, have generally not tackled inequality in the world head on.

But economists’ thinking has changed sharply in recent years. The Organization for Economic Cooperation and Development this year warned about the “negative consequences” of the country’s high levels of pay inequality, and suggested an aggressive series of changes to tax and spending programs to tackle it.

The I.M.F. has cautioned the United States, too. “Some dismiss inequality and focus instead on overall growth — arguing, in effect, that a rising tide lifts all boats,” a commentary by fund economists said. “When a handful of yachts become ocean liners while the rest remain lowly canoes, something is seriously amiss.”


But it's worse than "Oh well, bad things happen to some people". Maybe the investor class that is backing Governor Romney will pay attention when the numbers people spell out how their pet tax cuts and cozy pay deals actually harm their outlook. Shouldn't businessmen be concerned when their own behavior is bad for business?

The concentration of income in the hands of the rich might not just mean a more unequal society, economists believe. It might mean less stable economic expansions and sluggish growth.

That is the conclusion drawn by two economists at the fund, Mr. Ostry and Andrew G. Berg. They found that in rich countries and poor, inequality strongly correlated with shorter spells of economic expansion and thus less growth over time.

And inequality seems to have a stronger effect on growth than several other factors, including foreign investment, trade openness, exchange rate competitiveness and the strength of political institutions.


And the kicker...

“What worries me is the idea that we’re in a vicious cycle,” said Joseph E. Stiglitz, a Nobel laureate in economics who has studied inequality extensively. “Increasing inequality means a weaker economy, which means increasing inequality, which means a weaker economy. That economic inequality feeds into political economy, so the ability to stabilize the economy gets weaker.”

Unfortunately, wrongheadedness is a habit with some people. Paying taxpayer funded tribute to rich people is a behavior that's hard to unlearn. It took a long time to convince people the world isn't flat.


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Wednesday, November 30, 2011

Good Economics vs. Bad Economics-You Choose

It's time to choose sides. Despite what you hear on the money programs and from the Wall Street cheerleaders, there are very good economists who think austerity economics is a bad idea. Paul Krugman and Joseph Stiglitz, our most recent Nobel economists, are on the Democratic side of this argument, the side of the 99%. Others are stepping up too.

"On November 13th 2011, economists from the University of Massachusetts Amherst drafted an open statement to the Occupy Wall Street movement pledging their support. Since then, more than 250 economists from around the world have added their names. Read more at econ4.org "

To be fair, there are two sides to this argument. Having watched the documentary Inside Job, I know that some economists know exactly who butters their bread and it isn't working people. It's the people who now have all the money who butter their bread. Some economists are happy to tailor their ideas to suit their benefactors.

Then there are the mouthpieces for the 1%, who earn a lot of money just by being mouthpieces. For instance, there's Ann Coulter, who said recently that she thinks the horrible dirty worthless people of the Occupy movement should be gunned down by the police. It worked on the Vietnam protesters, she says.

Larry Summers, who led Obama's economic team, doesn't come off very well in Inside Job, but he is on the right side of the argument now, favoring aggressive stimulus and tax cuts to working people––instead of more billions thrown at the rich, at corporations and banks. He's no fool.

Concentrated wealth got us here. It made our economy topheavy and fragile. It sucked the life out of the consumer economy by making working people less prosperous and less able to make ends meet.

Our economy will only revive when working people feel prosperous again, confident that their jobs are secure, that their health and their families are secure, that their children have a future. We need to shift from the Reagan economics of concentrated wealth. Those economic policies promoted and exploited broad insecurity and vulnerability rather than broad prosperity and strength.

Today, more than 2 million Brits took to the streets to protest their government's austerity policy. What is Austerity? It's the rich elite's answer to global recession. "We have money so we get to buy. Everybody else is poor, so they should live that way."

AUSTERITY IS HOW THE RICH AND POWERFUL TEACH WORKING PEOPLE TO BE POOR.

That is where austerity measures bite. They bite the poor, the working people, the middle class who are getting poorer every year. Austerity bites the victims of the global collapse which was caused by the very rich.

In this country it's the Republican economic policy. They want most Americans to be a lot poorer, a lot less secure. When Americans are afraid they work harder and longer for less. That's the long term Republican goal. In the short term the Republicans simply want Americans to suffer, figuring an unhappy populace will vote for Republicans next year. They are happy for Americans to fail in order for Obama to fail.

Do you want to see what effect Republican policies have? Look at the map of the British austerity measures put in place by their Conservative government.

Austerity doesn't work during a recession. It hasn't before. It won't now. Imagine an airline pilot in a stalling aircraft. Does he see the emergency as an opportunity to save fuel? No. He pushes the pedal down and accelerates out of the dive.

Here are some sound commentaries from economists on the intelligent side of this argument, setting out the dire consequences of these ugly conservative policies. From EconMatters.com

From CNN

Here's Robert Reich's useful and persuasive debunking of the Republican austerity policies.

Sadly, cable television is dominated by a Republican network and talk radio is all Republican all the time. And a lot of Americans are easy to fool.

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Thursday, May 26, 2011

Is a Bad Economy Part of the GOP Plan?

There was an excellent editorial the other day in the Mankato Free Press about how Republican budget cuts and no tax increases on the rich is bad policy. I wonder if anyone has said this. I'll say it:

Bad policy is the Republicans' intention. Pain and general collapse is their objective.

They want to drown government in the bathtub; they've said it often enough. It's their goal. They'd like to be rid of democratic government because it inconveniences them. It regulates them. And, who knows, it might wake up and tax them again at the rates it taxes the rest of us.

("Taxes are for little people" Leona Helmsley)

The Republicans also do NOT want the economy to recover before 2012. An economy that only recovers for the rich has its uses. As long as they are sitting on their cash and the middle and working classes are afraid to spend or don't have jobs, and as long as government, the only entity that can spend in a deep recession, is cutting back, the economy will stall. That has been their goal. They are achieving it.

Republicans despise government so much they want it NOT to function. If enough people lose confidence in government they will vote to dismantle it, and the vacuum can be filled by corporations and private operators. Unregulated of course. They do have their eye on the ball.

The GOP and their rich clients have been hoarding cash to ride out another recession that they can blame on Obama. The end result will be an economy more like Mexico's, with a very rich and powerful upper class and a vast, poor, obedient, fearful working class that is grateful to work for whatever is offered. Think of the American population as a huge labor pool for hiring off the back of a truck.

This isn't a far fetched scenario. It's radical, but the modern Republican Party is radical. It can't be called conservative because it is systematically attacking the strong institutions and fair practices that worked well for the best fifty years in American history. The engine of the economy during those best fifty years was a prosperous, confident, secure working and middle class.

I might even go further than radical and describe this new Republican Party as vandals. Greater Minnesota needs to recognize what their cynical strategy will do to rural communities.

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