All of us here in the MMT community see this and understand this and have been frustrated by it for so long, however, until we get a Democratic Party or a Progressive movement that once and for all casts off its neoliberal bindings then nothing will change.
Check out this paragraph...
"The problem is that the neoliberals are still firmly in control of the Democratic Party. No Democratic leader is willing to admit the idea of having free-trade agreements with 3rd world nations means a race to the bottom with wages. No Democratic leader is incline to propose rolling back 40 years of disastrous deregulation. Instead Democrats push things like legalized gay marriage, which while being a positive development for civil rights, is exactly what the "culture warriors" of the Republican Party want. It continues to distact people away from the item that the vast majority of people are most concerned with - jobs and wages. Before anything else, the Democrats need to challenge the most basic premise of the far-right -market fundamentalism."
The rest of the post can be accessed here.
Look at who Democrats nominated in 2008 and who they reelected: Obama. The neoliberal doctrine intensified under his watch. He's negotiating secret trade deals, cutting deficits, raising taxes on working people and looking away as labor unions get decimated even more.
And who is the "dream candidate" of the Democratic Party for 2016? Hilary Clinton...the ultimate neoliberal. Her husband was the welfare cutting (real welfare, like, for needy people), Glass-Steagall ending, Wall Street deregulating, surplus running, king of all time who is still revered by Democrats.
4 comments:
"No Democratic leader is willing to admit the idea of having free-trade agreements with 3rd world nations means a race to the bottom with wages."
The only two people I know that have ever "ran" against this were former GOPers Pat Buchanan and H Ross Perot....
rsp,
With each passing day I come to believe that Liz Warren is the only hope for the USA....she is not MMT yet, but I have met her several times, and she is definitely smart enough to "get it." She has worked closely with financial sector, so I'm sure explaining some of this stuff to her would be the work of 15 minutes, max. She knows what the discount rate is, so she is already smarter than 90% of Congress...
Why is the military and the fortune 500 gearing up for climate change but the conservatives ayn randsters not?
Why is the military and the fortune 500 gearing up for climate change but the conservatives ayn randsters not?
The conservatives in Congress are all up in arms about the military developing alt native energy sources, for example.
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