From Pine View Farm

Political Economy category archive

The Galt and the Lamers 0

Sam and his crew skewer the glibertarian gibberish of Elon “Drivers Can Play Video Game on Their Touch Screens” Musk.

Words fail me.

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A Consumerist Economy 0

Werner Herzog’s Bear makes a convincing argument that our society is suffering from a case of consumption. A snippet:

Once upon a time the social contract may have revolved around a social safety net or human rights but those things are pretty immaterial to most Americans. What makes a successful polity in their eyes is maintaining the flow of cheap consumer goods and services. For at least the past forty years this has been at the heart of everything. Workers’ wages have been stagnant, postindustrial and farming communities are falling apart, but you can still get almost anything you want for cheap at the local Wal-Mart. You might not have much, but you can still afford to go to a fast food restaurant and afford a hot meal made by others who have to serve you. The rise of globalization and consumer credit that accompanied the onset of neo-liberalism have made it possible for massive wealth and income inequalities to not lead to revolutionary change.

We are a broken society.

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Misdirection Play, Supply Change Dept. 0

At the Idaho State Journal, Nick Gier cuts through the caterwauling and continues to the crux. A nugget:

This supply chain problem, starting in early 2020, is worldwide, and President Joe Biden, who was not yet the Democrat’s nominee, obviously had nothing to do with it. It is just as absurd to blame the Dutch prime minister for the record number of cargo ships waiting to unload at Rotterdam, Europe’s largest port.cuts

Follow the link for the complete article.

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Monster Mash-Up 0

At The Roanoke Times, Robert F. Boyd muses on what led our polity to its present state, which he refers to as a “Trumpenstein” monster. Here’s a bit:

If one could select one feature that characterized the period of the 1970s to the present it would be greed, both corporate and personal. What changed from the 1970s to now that allowed this to happen?

Follow the link to see how he answer that question.

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Overblown 0

Methinks Jason330 has a point.

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The Disinformation Superhighway 0

Do words speak louder than actions?

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Dialectic 0

Badtux.

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The Galt and the Lamers 0

An acolyte of Ayn Rand calls in. A lively discussion the pros and cons of “Objectitvism” ensues.

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Labor Shortage 0

CEO in vast office atop a skycraper to staffer:  That's the problem with this country.  Nobody wants to work full time and live poor any more.

Click for the original image.

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The Ever-Shrinking Cycle of “Fiscal” Conservatism 0

PoliticalProf.

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Calling It Quits 0

Thom and Professor Richard Wolff discuss what’s behind the shortage of workers.

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The Galt and the Lamers 0

A self-proclaimed “ex-objectivist” tries to differentiate between Randian “objectivism” and “libertarianism.” Sam suggests that that’s a distinction without a difference.

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“The Pedagogy of Repression” 0

David and Professor Henry Giroux discuss the destruction of the concept of the common good.

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The Common Good 0

Robert Pawlicki takes a look at the tales we tell ourselves to rationalize the perpetuation of privacy and deprivation and at the consequences thereof to the polity. Here’s a little bit of the article; follow the link for the rest.

The idea that we like or in any way enable poverty is psychologically disturbing. Thus, we rationalize our emotional distress with common justifications:

  • “We worked hard for our wealth, and those who aren’t well-off are either inferior or lazy.”
  • “We live in the land of the free, and anyone putting their nose to the grindstone can make a good living.”
  • “Too many poor people are living off of the government because they want to.”
  • “Giving money to the poor is socialism.”

Such beliefs, and many more, contribute to political policies that prevent the government from additional funding of public schools, offering government-paid preschool education and national health care, thereby preventing all citizens a necessary platform from which to move forward. Instead, the threat that the poor will have additional assistance to raise out of poverty grows the fear that some portion of American society will get something for nothing — or that we’d have to pay more taxes.

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Trickle-On Economics 0

It’s been a long time since I studied economics in college, though I’ve never abandoned my interest in the topic, and, I must say, I’ve seen no better explanation of Reaganomics than the one offered by the character Quark as he refuses the post of Grand Nagus of Feringinar in the penultimate episode of Star Trek: Deep Space Nine.

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Try Wages, Not Rages 0

Man in tie shouts at youth holding phone,

Via Job’s Anger.

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Payday 0

The Pittsburgh Post-Gazette takes a long look at whether unemployment benefits keep persons from applying for jobs. In a lengthy article, they explores the pros and cons of the issue. Given all the shouting, the piece is worth a read. Here’s a bit:

What she (Rachel Deutsch, who runs a support group for restaurant workers–ed.)r hasn’t heard is that the extra $300 tacked on to each unemployment check is keeping people from looking for work.

“I have not heard a single person in our group say, ‘These benefits are great, I’m going to stay at home,’” said Ms. Deutsch, who also is the director of worker justice campaigns at the Center for Popular Democracy, a progressive advocacy organization based in New York. “They don’t want to experience the shame of being unemployed. They know that even under the best-case scenario, these benefits will not last forever.”

Afterthought:

I doubt seriously that many persons would choose unemployment benefits over gainful employment and suspect that those who do are likely battling other issues, such as drugs or alcohol or personal issues or lack of means of transportation to and from work.

The key phrase, of course, is “gainful employment.”

I believe that what underlies the claims by employers that persons willingly choose unemployment benefits, which are meager at best, is that employers would rather pay meager wages than living ones. So they point their fingers elsewhere to take attention away from the starvation wages they are offering.

But that’s just me.

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Hoarders 0

Thom and his guest discuss the “morbidly wealthy” and their dynastic desires.

“Morbidly weathy.” What a well-turned phrase.

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Privation Enterprise 0

At the Bangor Daily News, David Farmer makes the case that poverty in America is a policy choice, not a sign of moral failing on the part of the impoverished. A snippet:

The fact that families — including children — live in poverty is not something that just happens in the United States. It is the predictable outcome of our policies choices. And when we opt for the status quo we contribute to the problem.

There are a host of different policies that could reverse course, but first that we have to stop conflating poverty with morality. Being poor isn’t a sin. It’s the result of specific policies.

Follow the link for his evidence.

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Supply and Demand 0

Greg Kesich has more.

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