Occupy and Right Wing Populism -- hum, hum
REPOSTING TWO ARTICLES -- SOME FACTS ABOUT "FACTS" THAT ARE WORTH CONTEMPLATING
OWS: Yes, we are anti-capitalist!
Submitted by Bill Weinberg on Sun, 11/06/2011
OWS: Yes, we are anti-capitalist!
Submitted by Bill Weinberg on Sun, 11/06/2011 - 02:56.
For the first time since the 1999 Seattle protests, a movement in the United States is in the vanguard of global resistance to capital. But this time, the stakes are much higher. Now, from Europe to the Arab world to South America to Manhattan and Oakland, the planet seems headed into a revolutionary situation. Occupy Wall Street, which has brought the struggle to the very nerve-center of world capitalism, has responsibilities on a world scale. There are some things that it is very important that we get right.
Lots of criticism of the OWS movement is of course being made dismissively and dishonestly. It is not necessary, as so many insist, that the movement immediately adopt a discrete list of demands. It is probably healthier if a set of demands emerge from an organic process, after being hashed out on the ground. But it is important that we debate ideas, and not allow suppression of serious differences in the name of unity. This has already led to the movement's message being garbled. The most significant example is the unfortunate hedging on anti-
Some Occupiers have objected to the media calling the movement "anti-capitalist." A slogan has even been heard in response to this moniker: "We aren't against capitalism, we're against corporate greed." The assumption behind this response is that with enough public oversight or (in the more reactionary versions) if Wall Street brokers acted with greater patriotism, capitalism could "work."
Creeping right-wing populism This equivocation is leading to the proliferation of some very bad ideas in the movement. Instead of class analysis, we are getting more and more gold-standard crankery, Federal Reserve fetishism [ http://newjewishresistance.org/article/wall-street-protesters-and-fed] and other right-wing, pro-capitalist responses to the crisis. Partisans of Ron Paul are a visible presence at OWS. They are plugging a free-market Republican whose rhetoric targets the Federal Reserve Bank for the wrong reasons—not because a private institution has been granted a public function, but because (in his words) it has a "loose monetary policy" that favors "big-spending politicians." This has been standard Republican code since Reagan for too much social spending and perceived coddling of the working class. Even Murray Rothbard, ideological guru of laissez-faire capitalism, has been put forth by some at Liberty Plaza as providing the answers to the current crisis. He actually provides a more extreme version of precisely the policies that got us into it.
All the talk about returning to the gold standard is particularly ironic. The US went off the gold standard under Franklin Delano Roosevelt not because of some nefarious scheme by bankers, but in response to a popular groundswell—and in spite of the wishes of the banking elite! In 1896, when the populist candidate William Jennings Bryan famously said before the Democratic Convention in Chicago, "You shall not crucify mankind on a cross of gold [ http://historymatters.gmu.edu/d/5354/]," he was referring to exactly the big-money interests that we are protesting today. Then, it was understood that the gold standard and "tight monetary policy" were good news for the bankers and brokers—and bad news for the rest of us. Obviously, the gold standard did nothing to prevent the Great Depression, and FDR abandoned it precisely to bring some relief to the country's working people and unemployed. Since then, the population has greatly expanded, far outstripping the gold supply—making the gold standard even less tenable, and more of an inevitable mechanism for imposing austerity.
The proffering of such retrogressive pseudo-solutions is worse than self-
defeating—it threatens to undo the all the progress OWS has made in stealing the populist fire from the Tea Party. No, the Ron Paul folks aren't nearly as toxic as the Teabaggers, but they both represent a right-wing response to the crisis. Rather than wooing Tea Party rank-and-file away from their odious leadership, we run the risk of the reverse happening—our own movement being subject to a stealth take-over by our worst enemies.
Even some good ideas, like challenging the notion of corporate personhood, are being decontextualized in OWS rhetoric. The doctrine of corporate personhood allows such abominations as the Supreme Court's Citizens United decision, and reversing it is a vital and legitimate demand. But capitalist robber barons were already riding high when the Supreme Court recognized corporate personhood in the 1886 case Santa Clara County v. Southern Pacific Railroad. Repealing it would be but one step towards reclaiming politics from the corporate leviathan. And because the Supreme Court in 1886 ironically cited the 14th Amendment, which instated equal rights in the aftermath of the Civil War and slavery's abolition, vulgar versions of the arguments against corporate personhood have been taken up by elements of the racist right—again pointing to the political dangers of failing to think through and articulate our arguments clearly.
Inevitably, anti-Semitism emerges in right-wing populist exploitation of rage against financial elites—the Jews being history's special scapegoats in this context. Activists have become confused on this question because the pro-corporate right (not to mention the pro-Israel right) portray anti-Semitism as a phenomenon of the left, and cynically use the charge to delegitimize any challenge to the system. But just because right-wing pundits use the charge of anti-Semitism as a baseball bat to beat OWS with doesn't mean (as the movement's defenders reflexively argue) that it is free from any taint of anti-Semitism.
In fact, OWS web pages are positively infested with Jew-hating comments—possibly left by mere Internet trolls rather than actual activists, but still met with little protest or repudiation. Many protesters at Liberty Plaza have in fact repudiated the persistent wingnut in their ranks (seized upon by the pundits and propagandists) with the sign reading "Google: Jewish Billionaires." The recent case in Los Angeles in more disturbing—a protester who proved to be a local schoolteacher ranted into a TV mike about how "the Zionist Jews who are running these big banks and the Federal Reserve...need to be run out of the country." She was subsequently sacked from her job, and local TV news reported that Occupy LA activists held a rally at the LA School District in her defense. Defending her free speech rights would be legitimate—if the protesters made clear that they repudiated what she said. Adding to the confusion, it was also reported that Occupy LA activists had protested at the School District over budget cuts and teacher lay-offs—raising the possibility that media accounts had conflated the two issues. In any case, there has been little and lukewarm repudiation of the ugly comments from Occupy LA, and nobody has come forward to clarify the reports of a protest held in the teacher's defense.
On a far lesser but still irksome point, the ubiquitous Guy Fawkes mask, popularized by the movie V for Vendetta, is a very poor symbol for the movement. By using it, we are allowing Hollywood to commodify and recuperate our dissent. Worse, the movie was highly problematic, glibly glorifying terrorism and adventurism. Worse still, the actual Guy Fawkes was even more problematic, not only a (would-be) terrorist and adventurist, but a reactionary Catholic militant who hoped his plot would spark a Spanish invasion of England. Finally, the proverbial 99% of the OWS protesters probably don't even know who Guy Fawkes was.
It should also be noted that some elements attracted by the Occupy movement who purport to be anti-capitalist are, in their own way, just as problematic as the right-wing populists—the various sectarian Stalinist cults (the worst being the Workers World Party) that inevitably attach themselves like leeches to any authentic popular upswell in the United States and especially New York City. But that's another discussion.
The challenge of global solidarity The OWS movement will become truly dangerous to the global power structure if it can unite meaningfully with the European econo-protests (especially in Spain and Greece), the revolutionary movements in the Arab world, the student strikes in Chile and Colombia—and, if it can overcome its equivocation on the Palestinian question, the Israeli rent protest movement. The coordinated global protests on Oct. 15 were a powerful step in this direction.
The recent Egyptian march in solidarity with the Oakland protests [ http://ww4report.com/node/10465#comment-328957] was another significant sign of hope. Egyptians marching from Tahrir Square to the US embassy carried hand-written signs reading "#OAKLAND #GREECE #LONDON #SYDNEY --> THE SAME GOAL" and "FROM EGYPT TO WALL STREET: DON'T AFRAID, GO AHEAD."
Washington and the West have been doing everything they can to control the political trajectory of the Arab Spring, to impose an imperial agenda on the freedom movement by posing as its defender, to downplay demands for economic justice in favor of (narrowly defined) "democracy," and to conflate "freedom" with "free markets." If imperialism succeeds in imposing its agenda, the coming contest in the Arab world could be one of Western-backed technocrats versus fundamentalist jihadis, and the demoralizing meme of GWOT-versus-jihad —largely displaced over the course of this year by the secular pro-democracy struggle—could be back on with a vengeance.
Similarly, if right-wing populism holds sway over the Occupation movement, the emerging struggle in the United States could be neutralized in the bud, narrowing to one between populist and corporate exponents of the political right. In short, all the potential of 2011's amazing advances for progressive forces on the global stage could be squandered—and those advances radically reversed.
Bad ideas don't just go away. They have to be opposed. Apart from the outright Jew-haters and other racists, nobody should be purged from the Occupation movement. But the purveyors of bogus populism must be confronted and debated, and their faulty formulas exposed and rejected. Otherwise, all our efforts could be derailed into a simulacrum of resistance easily recuperated by the ruling elites.
The movement needs to start saying it clearly: Yes, the problem is capitalism. "Greed" isn't a moral failing, it is the governing principle of society, systematically rewarded by our economic institutions. Capitalism is predicated on limitless acquisition, on exploitation of human labor, on the maintenance of a permanent underclass, on concentration of wealth in the hands of the few and pauperization of the many, and ultimately on the destruction of the planet. Greater public oversight of the financial sector and repealing corporate personhood and even nationalizing the Fed are good demands. But we must understand that such public restraints on the workings of capitalism are necessary because of the system's inherent rapaciousness. We must dare to dream and to speak of its eventual abolition—and to struggle for it.
Even the nebulous and anemic word "liberal" has been effectively demonized in US political discourse since Reagan. The fear of being seen as "socialist" is deep-
seated. It is time to get over it, and reclaim the word, as gays did the word "queer." The concept that the Earth and its wealth belong to society must be redeemed. Everything, ultimately, is riding on it.
FROM ROARMAG ....
From crisis to crisis: is the euro today's gold standard?*
by Jérôme E. Roos on November 8, 2011
There is no shortage today of reactionary romanticism about the gold standard. Especially in the US, where Ben Bernanke has opened the floodgates with multiple waves of quantitative easing, those on the libertarian right are openly longing back for the stable days of old, when a dollar was a dollar, and it could still be redeemed in gold. But would a return to the gold standard really be such a good idea? The answer is no — at least not for the 99 percent.
As Barry Eichengreen, an economist at UC Berkeley and one of the foremost experts on the Great Depression, has pointed out, the gold standard greatly contributed to the severity of the depression. Stuck inside a monetary straitjacket, governments found themselves depleting their reserves in order to maintain their fixed exchange rates, leaving them incapable of mobilizing the fiscal firepower to nationalize the banking system and engage in stimulus spending. Thus, while it was designed (as Susan Strange pointed out in Casino Capitalism), to provide global monetary stability by minimizing the exchange rate risks for financiers and exporters, the gold standard actually ended up being a noose around the neck of central banks and policymakers alike.
Ultimately, governments were left with only one policy option in response to the crisis: internal devaluation — beautiful economic doublespeak for wage repression. This appears to have been a major contributing factor to both the severity of the slump and the escalation of human suffering. The question that arises, then, if we look at the ongoing European debt crisis, is stark: is the euro not today's version of the gold standard? Are Europe's peripheral economies not locked inside a similar straitjacket today? The EMU's fixed exchange rate regime has left countries like Greece incapable of devaluing their currencies or monetizing their way out of debt.
In the end, it has left peripheral governments with only one possible policy response: draconian austerity measures. The days of the gold standard may be long past, but the brutality of fixed exchange rates lingers — from Argentina to East-
Asia and on to Europe. As the economists Carmen Reinhardt and Kenneth Rogoff correctly pointed out in their latest book, This Time Is Different**, this time might actually not be so different after all...
** Book: This Time Is Different
link to www.google.it
*From Crisis to Crisis: Theory and History of Capitalist Crises
Part I: Can Capitalism Survive? [ http://roarmag.org/2011/10/from-crisis-to-crisis-can-capitalism-survive/]
Part II: Details Proliferate, Structure Abides [ link to roarmag.org]
Part III: Is the Euro Today's Gold Standard?
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