Tag: Reagan

Anti-Capitalist Meetup: Laissez Fairyland – making the intangible less tangential by Annieli

Here we present a simple solution to see that a fad is the result of the same type of behavior that causes any other good to be purchased. It is the characteristic of the good, and the interaction of the various agents with their neighbors that causes the peculiar pattern of behavior that is called fad.

Is Reaganism such a good and as a commodity is its commodity fetishism available for analysis beyond its intangible assets. Yet Reaganism is tangible and attempts to memorialize the commodity extend materially far beyond the cinematic and the televisual nature of the Great Communicator. The fad of VooDoo(sic) Economics is a useful example of how to discuss intangible assets as forms of virtual capital. The production and reproduction of the Reaganist myth is its own market. Its production of character/reputation and trust/reciprocity is of course legendary and its diffusion to the North American form of teabaggery continues with the institutional support of right-wing venture capital like the Kochs.

In the United States, commentators frequently equate supply-side economics with Reaganomics. The fiscal policies of Ronald Reagan were largely based on supply-side economics. During Reagan’s 1980 presidential campaign, the key economic concern was double digit inflation, which Reagan described as “Too many dollars chasing too few goods”, but rather than the usual dose of tight money, recession and layoffs, with their consequent loss of production and wealth, he promised a gradual and painless way to fight inflation by “producing our way out of it”.

An example of fad economics occurred in 1980, when a small group of economists advised Presidential candidate, Ronald Reagan, that an across-the-board cut in income tax rates would raise tax revenue. They argued that if people could keep a higher fraction of their income, people would work harder to earn more income. Even though tax rates would be lower, income would rise by so much, they claimed, that tax revenues would rise. Almost all professional economists, including most of those who supported Reagan’s proposal to cut taxes, viewed this outcome as far too optimistic. Lower tax rates might encourage people to work harder and this extra effort would offset the direct effects of lower tax rates to some extent, but there was no credible evidence that work effort would rise by enough to cause tax revenues to rise in the face of lower tax rates. … People on fad diets put their health at risk but rarely achieve the permanent weight loss they desire. Similarly, when politicians rely on the advice of charlatans and cranks, they rarely get the desirable results they anticipate. After Reagan’s election, Congress passed the cut in tax rates that Reagan advocated, but the tax cut did not cause tax revenues to rise.

As against this, the commodity-form, and the value-relation of the products of labour within which it appears, have absolutely no connection with the physical nature of the commodity and the material relations arising out of this. It is nothing but the definite social relation between men themselves which assumes here, for them, the fantastic form of a relation between things. In order, therefore, to find an analogy we must take flight into the misty realm of religion. There the products of the human brain appear as autonomous figures endowed with a life of their own, which enter into relations both with each other and with the human race. So it is in the world of commodities with the products of men’s hands. I call this the fetishism which attaches itself to the products of labour as soon as they are produced as commodities, and is therefore inseparable from the production of commodities.

– Karl Marx, Capital, Volume I

As one can perhaps see, the transgressive role of the State in the struggle among classes will become the key problem for making this critique work as will the impending institutional arrangements making that State ubiquitous and global.

“”In this present crisis, government is not the solution to our problem; government is the problem.

-Ronald Reagan

Reaganism was a political perspective in the United States based on a friendly-seeming, grandfatherly-type ex-actor telling us that government could do no good, and then proceeding to become the head of the executive branch of the United States government, drastically expanding the public debt as he saw fit. Why anyone believed it is beyond us.

Prominent lies promoted by Mr. Reagan include:

The “free market” is always more efficient than the government at providing solutions to problems. (See universal health care)

The “government” is incapable of solving a country’s problems (See Hurricane Katrina)

Some woman somewhere on welfare had a Cadillac and a color TV. (He made this up).

Hardworking blue collar Americans should hate suffering poor Americans for eating their tax dollars instead of working their asses off for giant corporations themselves. (See trade union)

The “rich” are a beleaguered and overtaxed suffering demographic. (Who pay well for political campaigns!)

In Britain, there was a very similar political movement referred to as “Thatcherism,” named for the Iron Lady who advocated the same principles. The impact of this was slightly less than that of the States.

In Marxist philosophy, however, the term Cultural Hegemony describes the domination of a culturally diverse society by the ruling class, who manipulate the culture of the society – the beliefs, explanations, perceptions, values, and mores – so that their ruling-class worldview becomes the worldview that is imposed and accepted as the cultural norm; as the universally valid dominant ideology that justifies the social, political, and economic status quo as natural, inevitable, perpetual and beneficial for everyone, rather than as artificial social constructs that benefit only the ruling class

WASHINGTON, DC - MARCH 24, 2012:  Carlene Cahill of Petersburg, Virginia, holds up a set of signs she made during a Tea Party Patriots'

                    We live in a Tea (Party) service economy

The embodiment of those social constructs in the past decade are our pseudo-revolutionary objects of derision and humor, the teabaggers (aka Tea Party patriots and its libertarian factions). Cultural work has been often times difficult for many since its socially embodied labor derives from a multitude of divisions as well as a variety of controversies often dialectically dichotomous and intellectually challenging: for example cultural studies versus political economy approaches to critical theory. This is too small a space to solve the problem (it can be solved) but to point to some rudimentary examples like the personality Cult of Reagan to show the need for ecumenical approaches to critical analysis.

Come below the fold to see if we can’t disentangle the whole mess:

OCTOBER 27, 1980 More than two dozen papers drop Trudeau’s comic strip Doonesbury “The Mysterious World of Reagan’s Brain,” a week-long sequence that runs on the eve of the 1980 election. One of those papers, The Indianapolis Star, receives 850 calls of protest before it agrees to reinstate the strip.

Reagan Is Obama’s Touchstone

Like Reagan, Obama hopes to usher in a long-term electoral realignment – in Obama’s case toward the moderate left, thereby reversing the 40th president’s political legacy. The Reagan metaphor helps explain the tone of Obama’s inaugural address, built not on a contrived call to an impossible bipartisanship but on a philosophical argument for a progressive vision of the country rooted in our history. Reagan used his first inaugural to make an unabashed case for conservatism.

http://www.nationalmemo.com/re…

Does E. J. Dionne not know that words have meaning?

Reagan was never remotely a conservative, let alone any kind of thinker.  His silly “shining city on a hill” should provide a clue.  The one-time union leader and aging philanderer was clearly a reactionary.  He had more in common with LBJ than most any other president though Reagan’s achievements were enormously destructive while LBJ, despite his enormous flaws, managed the monumental civil rights achievement that reverberates so today.

Both were mainly good at jawboning, something totally beyond Obama’s ken.

One great story involving Al D’Amato, “Senator Pothole,” is illustrative.  I think it was Michael Kinsley, every winger’s liberal so naturally he wasn’t, who told the story.

Al D’Amato was at a private dinner in a restaurant when a waiter told D’Amato he had a call.

When D’Amato got to the phone, Reagan started into his pitch for a vote on approving another missile funding that was hanging in the balance, D’Amato exploded, “Will you quit calling me, you fucking son of a bitch?”  D’Amato had been receiving nuisance calls from some stalker.

When Reagan somehow convinced the fine senator from New York that Al was talking to the President, D’Amato quickly agreed to vote for the missile funding, forgetting entirely about his lengthy shopping list in his embarrassment.

How I wish there were a recording of that conversation as there is with at least some calls by LBJ to some Southern segregationists seeking approval of Johnson’s nomination of Thurgood Marshall to the Supreme Court.

Best,  Terry

De-Reaganization: America’s only hope

It is painfully obvious to any educated observer that the proper role of the US Government in the current economic crisis is to act as the employer of last resort. The Obama administration should act immediately and vigorously to create government-funded jobs for the millions of unemployed engineers, administrators, technicians, and clerks whose jobs have been outsourced by predatory corporations, and whose dwindling incomes are the root cause of the deflationary spiral afflicting our economy. Unfortunately, the potent ideological legacy of Ronald Reagan is proving to be an enormous obstacle to the restoration of common sense and economic equilibrium.

Thus, before sanity and prosperity can return to America, we must De-Reaganize our political culture. Just as the Soviet Union went through the painful process of De-Stalinization by revealing the horrors committed by that miserable dictator, America needs to cure itself of the delusions of Reaganomics. Americans need to learn how Reagan taught our people to hate and distrust our own government. This hatred has spread and flourished to the degree that malevolent corporations are literally destroying our nation – through ecocide, endless war, and relentless exporting of jobs and industries.

The Plan: It is Working

I read the news today oh boy…..

I am filled with a sense of sickness in the pit of my stomach, in my soul.

Greece to Sell State Assets to Raise 3 Billion Euros (Update1)

By Christos Ziotis and Natalie Weeks

June 2 (Bloomberg) — Greece plans to sell stakes in railway and water companies and the postal service to raise 3 billion euros ($3.7 billion) and help reduce a budget deficit that sparked the debt crisis across southern Europe.

“We decided to accelerate the privatizations process,” Greek Finance Minister George Papaconstantinou told reporters in Athens today. The government aims to raise 1 billion euros a year for the next three year from the sales.

Bloomberg – Greece

You should understand that this is “The Plan”

The plan was that by cutting the funding for government, government would have to cut back on what it does: regulating business, protecting regular people against powerful interests, building infrastructure, educating kids, taking care of the poor and elderly. With government (We, the People) out of the way businesses could be unleashed and really start to make money. And for those who could afford to pay, private companies would take over those other functions. That was called “privatization.”

Neo-Liberalism: The Plan

Liberalism Died in 1980 and was buried in 1988 so Let’s Move On

This is just a ramble — some reflections on the arguments going on within the progressive movement. I think we need to move on and think things out carefully rather than moving from news item to news item. What we see is a whole, a system. This system is very robust and we shouldn’t pretend it is not.

The Liberal age was from 1933 to 1980. The Reagan Era signaled a radical shift in U.S. politics. Reagan and his operatives were able to leverage the latent chauvinism, racism anti-intellectualism and class-hatred of the white working-class into a new (old) vision of America and American Exceptionalism. To be called a “liberal” was nearly as bad as being called a homosexual. Liberals were seen as people who deliberately set out to destroy families and all traditional values and thus were existential threats. This was hard for most liberals to understand since they, in the best American tradition, just wanted to make sure we lived in a decent society were people were treated fairly and civilized behavior was encouraged. Interestingly liberals also favored traditional Christian virtues like charity, gentleness towards the sick, poor, disabled, as well as people in classes that were traditionally excluded from mainstream America like African-americans, Native peoples, women and so on. Liberals tended not to get this visceral hatred and what was behind it and what was the ultimate goal of the neo-Conservative movement (it was not a Conservative movement at all but a radical neo-fascist movement).  

War Party

“For a President, the unit of measurement is real life.” Der Speigel rips apart the tissue of lies served up to an increasingly incredulous public. The once pro-Obama daily called the speech his ‘least truthful address’. Boink. When we’re talking about politicians, ‘least truthful’ is saying a lot:

For each troop movement, Obama had a number to match. US strength in Afghanistan will be tripled relative to the Bush years, a fact that is sure to impress hawks in America. But just 18 months later, just in time for Obama’s re-election campaign, the horror of war is to end and the draw down will begin. The doves of peace will be let free…It was a dizzying combination of surge and withdrawal, of marching to and fro. The fast pace was reminiscent of plays about the French revolution: Troops enter from the right to loud cannon fire and then they exit to the left. And at the end, the dead are left on stage.

This speech did not, however conjure up images of Jimmy Carter, or George H.W. Bush, although those comparisons will be made. Lebanon, battleships, high-jacked airliners, truck-bombs and dead marines, instead flooded back: pilots and passengers imprisoned in the heat.

Just how much damage this feckless narcissist is capable of wreaking on the world has yet to be seen, but even Republicans concede he’s off to a good start. Cheney isn’t yet content and doubtless won’t be until US planes are flying missions over Tehran, and maybe Islamabad.



Blackwater mercenaries
on the US payroll approved by a Dem Congress, with Dem oversight. The Dem White House authorizes private snatch and grab teams operating in Pakistan. This and the violence that 30,000 more US troops can generate will have to suffice. Of course, with all the firepower and troops on the ground, it’s hard to imagine a sudden outbreak of peace, but that could still happen. Well, it could..

The Taliban have a clear deadline when the US is planning to turn over power. Whether or not that deadline is binding is another question. Will the ‘situation on the ground’ compel merely a delay in withdrawal, or another surge, or perhaps even the draft. God knows Americans need jobs.

Republican Ronald Reagan took US Marines off the safety of their ships while launching broadsides from refitted ‘battle wagons’ cruising off the coast. Alert locals decided the right response would be to send a truck or two filled with explosives straight into the Marine barracks. Ronald Reagan needed to look tough and a whole lot of US troops ended up dead. But at least that part ended quickly.

Not my guy, Dems say. I oppose the Afghanistan surge, Dems say. Demonstrate against the surge, Dems say. The fact remains: Dems control the Senate and House. Republicans shut down government. Will Dems show similar backbone over war? I think we all know the answer to that question. The ‘progressive caucus’, tough on Fox, will bow and scrape; posture and preen in an orgy of pure CYA.

The speech at West Point truly was an historic opportunity. The speech could have been a clarion call to arms: we go in and stay to finish the job no matter how long it takes. He could have taken the boldest step and proclaimed: Campaign rhetoric is one thing, American lives are another; as President I’m authorizing the immediate withdrawal of all US forces from Afghanistan and Iraq. The days of the US being the region’s policeman are over. That didn’t happen Der Spiegel froze reality in time. The moment has come and passed. Even Eugene Robinson admits another US president stood before the American people and lied his face off.

No defense exists from a US President who can’t stand the thought of being seen as weak. And for that, I suspect, once again over the next three or four years we’re all about to pay a very heavy price.

Goldman Sachs: The Pigs Win Again

“We’re all going to die, all of us, what a circus! That alone should make us love each other but it doesn’t. We are terrorized and flattened by trivialities, we are eaten up by nothing. ”

– Charles Bukowski



The dazzling propaganda onslaught conducted by the financial sector has been shock and fucking awe as the amazing resuscitation of the FIRE industry roars into the next quarter. A dirty as a pig in shit corporatist media waged total war against reason, morality, facts, history and the law itself in allowing the treasonous looters from Wall Street bounce back off of the ropes and reassert their control over the government and the country at large. Now under the cover of the saturation coverage of the Michael Jackson freak show (I doubt that I will see this shit end in my lifetime) the still annoying little trickles of doom, like the impending implosion of Arnoldland are stomped on by gatekeepers who just play another card from the Whacko Jacko deck of jokers. Face it people, we are fucked! With the celebrity infatuated lemmings in this rotting from the insides empire it is only a matter of time until they start seeing the great one’s ghoulish visage appearing on tortillas and grilled cheese sandwiches. If there were such a thing as a truly American Jesus it would be Michael Jackson. Neverland will become the bastardized equivalent of Lourdes, Jerusalem and Graceland uniquely spliced together to resemble our sick, twisted and mutated national DNA.

Herbert Must Reading Today

Bob Herbert provides must reading today, especially for Brad DeLong, Andrew Sullivan, Kevin Drum, Matt Yglesias, Brendan Nyhan, and of course, David Brooks.

Herbert writes:

Andrew would not survive very long. On June 21, one day after his arrival, he and fellow activists Michael Schwerner and James Chaney disappeared. Their bodies wouldn’t be found until August. All had been murdered, shot to death by whites enraged at the very idea of people trying to secure the rights of African-Americans.

The murders were among the most notorious in American history. They constituted Neshoba County’s primary claim to fame when Reagan won the Republican Party’s nomination for president in 1980. The case was still a festering sore at that time. Some of the conspirators were still being protected by the local community. And white supremacy was still the order of the day.

That was the atmosphere and that was the place that Reagan chose as the first stop in his general election campaign. The campaign debuted at the Neshoba County Fair in front of a white and, at times, raucous crowd of perhaps 10,000, chanting: “We want Reagan! We want Reagan!”

Reagan was the first presidential candidate ever to appear at the fair, and he knew exactly what he was doing when he told that crowd, “I believe in states’ rights.”

. . . Reagan may have been blessed with a Hollywood smile and an avuncular delivery, but he was elbow deep in the same old race-baiting Southern strategy of Goldwater and Nixon.

Everybody watching the 1980 campaign knew what Reagan was signaling at the fair. Whites and blacks, Democrats and Republicans — they all knew. The news media knew. The race haters and the people appalled by racial hatred knew. And Reagan knew.

And while I expect nothing better from Brooks, Nyhan and Sullivan, I do expect better from people like Drum and Yglesias. And maybe now DeLong sees some value in Herbert's work.