Saturday, March 06, 2010

What socialism isn't

I meant to post this sooner. Harold Meyerson's op-ed, even though it's in the WaPo is so good it's worth breaking my no link rule to post it. Meyerson is a self-proclaimed socialist and points out for all the fearmongering about socialism on one side, and selling out to corporatism on the other that our President really kind of falls in the middle. He says in part:
If Obama realizes his agenda, what emerges will be a more social, sustainable, competitive capitalism. His more intellectually honest and sentient conservative critics don't accuse him of Leninism but of making our form of capitalism more like Europe's. In fact, over the past quarter-century, Europe's capitalism became less regulated and more like ours, one reason Europe is tanking along with everyone else. [...]

Judging by the failures of the great Wall Street investment houses and the worldwide crisis of commercial banks; the collapse of East Asian, German and American exports; the death rattle of the U.S. auto industry; the plunge of stock markets everywhere; the sickening rise in global joblessness; and the growing shakiness of governments in fledgling democracies that opened themselves to the world market -- judging by all these, a more social capitalism is on the horizon because the deregulated capitalism of the past 30 years has blown itself up, taking much of the known world with it.
This strikes me as a correct assessment of Obama's approach. He's never going to take down the corporatocracy but neither do I see him as mindlessly supporting the status quo. I suspect that if he's successful, what emerges from his agenda will look very much like this.

[More posts daily at The Detroit News]

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Blogger Libby Spencer said...

Rusty, don't know how you found this post but I'm told by my RW friends you're a smart guy. Trying to figure out why you push such a dumb meme. You're afraid of "socialism?" Then by all means, stay off the public roads, don't use public water systems or sewer systems or public parks and if your house is burning down -- grab your own bucket. Don't be calling that government sponsored FD.

Oh, and you better insist your employer gives up those tax breaks for your health insurance. Assume you'll want to keep govt out of your healthcare and pay that difference yourself. Oh, and better not use a publicly subsidized hospital if you need an ER someday. As a matter of fact, you should probably stay off the internet, since you wouldn't want to have anything to do with something the government helped develop.


9:32:00 AM  
Blogger Capt. Fogg said...

All this hysteria about Socialism is only a symptom of the underlying Obama Derangement Syndrome. We should pity them, the dementia having destroyed the ability to tell Bush from Obama, past from present, cause from effect and socialism from -- well from anything at all, actually.

10:47:00 AM  
Blogger Libby Spencer said...

I don't pity him. He's there by choice. But I'm REALLY glad I don't have to wake up in the morning and BE him. Seems like that would be icky.

12:55:00 PM  

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