It’s a good practice to periodically clear out unwanted and unused items from cupboards, pantries, basements, and attics. Some items are superficial, some represent fads and fashions, others are weighty pieces of dubious use and questionable value — and there are others which are downright unsafe. The U.S. has some items left by previous and present tenants which fall into the latter category.
Trickle Down Economics: It’s high time this flammable collection hit the bin. We’ve probably all purchased items of untrustworthy provenance at one time or another — like raffle tickets for unknown charities, or magazine subscriptions from a con team, or perhaps unwarranted service on a motor vehicle. However, this was a fraud perpetrated on Americans which has had spawned undue hardship and such illegitimate progeny as ‘austerity economics.’ First off, there never really was a reputable basis for the Trickle Down theory. [AmericanThinker] Even conservative economists are willing to disparage the concept of a school or theory of Trickle Down. It was, and remains, all Trick and nothing down.
The trick came in the infamous 1971 Powell Memo. Lewis Powell saw the “American enterprise system” under “attack.” The ideas he perceived as damaging to American business were lumped into the “statism, socialism, communism” category. He urged businesses and their organizations to fight back on campuses, in the media, and in the courts. CEO’s, he argued, should lead the pack:
“The day is long past when the chief executive officer of a major corporation discharges his responsibility by maintaining a satisfactory growth of profits, with due regard to the corporation’s public and social responsibilities. If our system is to survive, top management must be equally concerned with protecting and preserving the system itself. This involves far more than an increased emphasis on “public relations” or “governmental affairs” — two areas in which corporations long have invested substantial sums.”
Powell’s statement isn’t far from the adage most associated with Calvin Coolidge in 1925: “the chief business of the American people is business.” Combine this with Herbert Hoover’s 1934 “Rugged Individualism” and we have a toxic blend of motifs which seek to justify corporate management control over the entire economy (including labor) in a social setting in which disparages cooperative and altruistic efforts and leaves individuals “on their own.” One modern problem with this legacy is that corporate leadership has appended a corollary: “What’s mine is mine, and what is yours is negotiable.” [JFK]
And there’s is considerable — we have allowed the creation of Corporate Welfare Queens — with tax breaks, subsidies, no-bid contracts, anti-labor legislation, and loopholes ready to hand that facilitate hiding assets off shore. They wish to be de-regulated, and “free” to conduct their business in the least transparent, least accountable way possible. No “burdensome” regulation for them — meaning, of course, no Sarbanes-Oxley Act to control corporate malfeasance (Enron), no Dodd-Frank Act to control banking irregularities, no Clean Water Act, no Clean Air Act…no acts at all which might impinge on corporate profits.
They’re down with all this as long as they can convince enough people that they’ll get a trickle.
The War of Northern Aggression: I hate to be the one to break it to the neo-confederates, but if we take Civil War era southern leaders at their word — the war really was about their Peculiar Institution, human slavery. Even the somewhat reluctant rebel Alexander Stephens expressed the situation bluntly in his Cornerstone Speech in 1861:
“The new Constitution has put at rest forever all the agitating questions relating to our peculiar institutions—African slavery as it exists among us—the proper status of the negro in our form of civilization. This was the immediate cause of the late rupture and present revolution. Jefferson, in his forecast, had anticipated this, as the “rock upon which the old Union would split.” He was right. What was conjecture with him, is now a realized fact. But whether he fully comprehended the great truth upon which that rock stood and stands, may be doubted. The prevailing ideas entertained by him and most of the leading statesmen at the time of the formation of the old Constitution were, that the enslavement of the African was in violation of the laws of nature; that it was wrong in principle, socially, morally and politically. It was an evil they knew not well how to deal with; but the general opinion of the men of that day was, that, somehow or other, in the order of Providence, the institution would be evanescent and pass away… Those ideas, however, were fundamentally wrong. They rested upon the assumption of the equality of races. This was an error. It was a sandy foundation, and the idea of a Government built upon it—when the “storm came and the wind blew, it fell.” [Cornerstone Speech]
It doesn’t take too much cogitation to see where CSA President Jefferson Davis was headed in his inaugural address:
“The declared purpose of the compact of Union from which we have withdrawn was “to establish justice, insure domestic tranquillity, provide for the common defense, promote the general welfare, and secure the blessing of liberty to ourselves and our posterity;” and when, in the judgment of the sovereign States now composing this Confederacy, it had been perverted from the purposes for which it was ordained, and had ceased to answer the ends for which it was established, a peaceful appeal to the ballot-box declared that so far as they were concerned, the government created by that compact should cease to exist. In this they merely asserted a right which the Declaration of Independence of 1776 had defined to be inalienable; of the time and occasion for its exercise, they, as sovereigns, were the final judges, each for itself.”
By Davis’s lights the Perversion emanated from that pesky “all men are created equal” segment, a policy the southern states were loath to acknowledge. Thus our neo-confederates are left with the sophistry of the Lost Cause publishers of the late 19th century, who sought to put a gloss on the rusting patina of antebellum southern society. There’s not one of the Six Pillars of the Lost Cause ideology still left standing.
The residue, however, is still with us even if Pollard and his associates who dreamt up the Lost Cause have passed long ago. The racism and bigotry which underpinned the southern reaction to the abolition of slavery still erupt, less now like explosive eruptions and rather more like the effusive eruptions slowly emitting a base which obliterates rational thought in the area.
The Lost Cause mentality informs the present day “white victimization.” The Others must be the reason the farm was lost, the job was outsourced, or the wages have been stagnant. All the usual suspects are rounded up — the Jewish bankers of New York City, the African American family qualifying for SNAP benefits, the urban dwellers with their strange ways and corrupt politicians. [Salon] Those having the temerity to disagree are simply dismissed as “white haters.”
Conflations: Nothing could be handier for the proponents of Corporate America than a segment of citizens ready and willing to believe that someone “other” than their own constituency is somehow responsible for their plight — If the Corporatists wish to shred the social safety net (Social Security, Medicare) then the phantom of the Welfare Queen, conveniently Black, is inserted into the picture. If the Corporatists wish to indulge their financialist whims, then the phantom of the Imposing State is conjured up.
We can no more flee from our legacies than we can be convinced to part with all the ‘treasures’ in our attics, but what we should do is more house cleaning, more often.