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Capitalists have always claimed that, because they have an intense interest in providing things for which people will pay money, they must be granted free reign to dominate society’s macro-level decisions. Any serious interference with the private business sector’s ability to make and sell whatever makes it the most profit will, the theory goes, only lead to disaster. Only capitalists, it is said, pay careful-enough attention to what people actually want and need. Hence, we must leave them to it.

One of the classic hypotheses stated by Karl Marx was, of course, a converse notion. Capitalists, Marx observed, can and do care about what people want and need only up to a certain point:

“Après moi, le déluge! is the watchword of every capitalist and of every capitalist nation. Hence Capital is reckless of the health or length of life of the labourer, unless under compulsion from society.”

This thesis is rather interesting in these days of SARS-CoV2, isn’t it?

In this vein, I was struck this morning to learn — somehow for the first time — that, in 1943 — 1943!!! — the business class forced FDR to fire none other than John Kenneth Galbraith from his post as Deputy Director of the Office of Price Administration.

Galbraith’s offense? Doing his job: administering prices and restricting capitalist production of “consumer” doodads so that fascism — the real kind — could be stopped from conquering the world.

According to the excellent book recounting this stunning bit of forgotten history, while ousting Galbraith, the Republican Party also pushed legislation that “would have barred anyone who didn’t have at least five years of experience in ‘business’ from running OPA.”

So, this idea of “run it like a business” is quite a bit older than Ronald Reagan’s epochal and ongoing triumph.

Interestingly, many years later, here is what Galbraith recalled about his experience trying to use the OPA to save the USA from eventual atomic war with Nazi Germany:

“There were weeks when Hitler scarcely entered our minds compared with the business types in Washington.”

Categories Hall of Shame, Private-Sector Boondoggles, Public Enterprise (Shouting Down, Crowding Out) Leave a comment

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狸猫加速器安卓版 is a very important scholar and an apparently lovely human being. His 蚂蚁ant加速器安卓下载 are always penetrating, and both his contribution to and his review of Michael Moore’s corporate-green-censored movie, Planet of the Humans, demonstrate his continuing efforts to speak crucially unheard truths.

So, here at TCT, we have to ask: Mr. Heinberg, what’s up with this?:

We have built our national and global economic systems on the expectation of always using more. A successful energy transition will necessarily entail moving away from a growth-based consumer economy to an entirely different way of organizing investment, production, consumption, and employment.

A “consumer economy”? Really? Your analysis is that “consumers,” the aggregated acquirers and users of goods and services, are in charge of “our” economy?

This, of course, is a hypothesis, not an indisputable fact. Its natural and obvious rival is the assertion that we actually live in a “capitalist economy,” i.e., a productive-and-distributional order in which money-investors, not product-users, tend to dominate the course of events.

It remains fascinating (and disheartening) to see even courageous and insightful figures like Richard Heinberg continue to opt for the “consumer economy” framing of reality.

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  1. They radically de-emphasize capitalists and capitalism as causal factors. Indeed, it isn’t much of an exaggeration to say that “consumer culture/economy/society” theorists more or less adopt the quasi-official capitalist view of reality. Capitalists, after all, have always claimed that, notwithstanding both their own command of strategic assets and their multi-trillion-dollar-a-year marketing endeavors, they are mere servants of pre-existing, independently-arising “consumer demand.” Talking about a “consumer culture/economy/society” all but concedes this extremely self-serving and debatable claim.
  2. They ignore the long, if not very well-known, body of thought on the various ways in which “our” capitalist economy does not, in fact, embody and serve the basic interests of product users. Names like Thorstein Veblen (whose most-read [only-read?] work is his first and by far worst one), Vance Packard, 蚂蚁vp(永久免费), Marvin Harris, and 坚果加速器下载官网? In the “consumer culture/economy/society” frame, such seminal iconoclastic thinkers are all flushed away, as is the crucial question of how their works might be extended and refined.

My own guess is that, by choosing “consumer” over “capitalist,” well-meaning and important thinkers like Richard Heinberg somehow imagine they are making their ideas more palatable to a wider audience, on the thesis that talking about capitalism is just too radical.

But reality is reality, no matter how fearful of describing it we’ve all been trained to be. And we aren’t likely to sweet-talk our way around human history’s richest and most deniable power structure. Either we start talking about the Emperor and His Old/New Clothes, or we don’t.

“Consumer economy” is a way of doing the latter.

Categories "consumer" vocabulary, Politics of Marketing Leave a comment

佛跳墙vp

As if we need to ask:

Categories Corporate Capitalism Tags public health, social inequality Leave a comment

佛跳墙vp

Edward Herman and Noam Chomsky’s “propaganda model” of the functioning of the U.S. mass media is surely one of the few great achievements of twentieth-century social science. Its explanatory and predictive force is as strong today as it was in 1988.

One test of this claim resides in the remarkable Presidency of Donald John Trump.

Trump is obviously multiply pathological and virtually incapable of telling the truth, except when it happens as a mere coincidence. He lies so often and so freely that both the quantity and the audacity of the lies tend to defy their tracking.

This, as well as Trump’s frequent irrational attacks on mainstream media, offer a good way to judge whether it remains true, as Herman and Chomsky argued in explaining their “SOURCING MASS-MEDIA NEWS: THE THIRD FILTER,” that major corporate media will tend to give far too much interpretive weight to people in high public and private posts.

With this in mind, consider a very peculiar headline from today’s edition of The New York Times.

Yesterday, Donald Trump said, plainly and on the record, that he was going to discontinue the “task force” that has played such an important role in keeping him from severely worsening the domestic impact of the ongoing global SARS-CoV-2 pandemic. Today, Mr. Trump has — entirely predictably — said he will, in fact, leave the task force in place.

The NYT‘s headline on this simple reversal? This:

“Seeming.” That, of course, is a counter-factual exculpatory adjective. Why is it there?

The only reasonable explanation is the one that comes from the Herman-Chomsky model: Treating hi vph加速器下载 with special reverence is so important to corporate mass media, that even such an extreme case does not break the “filtering” rule that inheres in the system: Official sources always have the benefit of the doubt, even when they are inarguably grossly unreliable.

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Televised sports is, as Chomsky always says, an especially important institution in our corporate capitalist, market totalitarian order. Not only does it attract large numbers of eyeballs and eardrums, but it absorbs crucial amounts of intellectual and emotional energy that might otherwise flow in dangerous directions.

Hence, TPTB are starting to get pretty antsy about what COVID-19 means for such a socially crucial activity, which relies on lots of personal physical interaction.

In today’s New York Times, none other than Los Angeles Mayor Eric Garcetti, who has Mr. O.J. Simpson to thank for his own rank and revenue, voices this concern:

“I don’t think we are going to see huge arenas full of people for a long time,” [Garcetti] said in a telephone interview. “I do think you can have games without audiences. We watch much of our sports through television. I think you can create some bubbles. We are hungry for it. It’s a necessary step to build our confidence.” [emphasis added]

Whether or not TPTB can work out a product that doesn’t implode and can attract eyeballs and eardrums might very well prove to be one of the major determinants of the fate of the overclass effort to restore “normalcy.”

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Alexander Cockburn used to argue that, under corporate capitalism, one function of the major mass media is clever misreporting of important stories.

With this powerful hypothesis in mind, take a listen to this little ditty from today’s version of NPR’s 狸猫加速器安卓版:

The story is about how Bloomberg News instructed its own award-winning reporters to stop probing the wealth and power of China’s ruling class [story behind paywall, of course], and went so far in the effort as to try coercing its journalists’ life partners into signing NDAs.

So, important story, for sure. But what, pray tell, is it about?

Surely, the story is about the severe limitations placed on journalism by private, for-profit media ownership — right, National 坚果加速器下载官网 Radio?

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What, instead, does NPR — the supposedly alternative content “made possible” by its constantly-mentioned private sponsors — say their own story is about?

Mike Bloomberg might be a weasel.

What else at Bloomberg News is being hidden if such contracts exist that require such secrecy?

Categories Bad Products, Eyeballs and Eardrums (The Media), Private-Sector Boondoggles Tags journalism, media Leave a comment
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