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What do we mean by ‘the economy’?

Some research I did during the Black Lives Matter protests pointed me towards Seeing White, which is Season 2 of the amazing Scene On Radio. I’ve been catching up with other series of the podcast since then, and the third series about toxic masculinity is also excellent.

However, it’s an episode of the most recent season which I want to focus on here. Season 4 concentrates on the origins of American democracy and, towards the end of March 2020, the hosts recorded a special bonus episode.

I listened to the episode this morning and it put into words something I’ve really been feeling about references to ‘the economy’. Thankfully, Scene On Radio provides audio transcripts.

Here’s the main host, John Biewen, talking to his co-host and collaborator, the academic and activist Chenjerai Kumanyika. They’re discussing the tension between the economy and democracy.

John Biewen: So in those cases from our series, and in others that we’ve looked at, it seems clear that building a healthy economy, as the ownership class understands that, is usually not the same as achieving wellbeing for most people. And here we are today, this argument still seems to be very much with us.

Chenjerai Kumanyika: So, you look at what we’re dealing with right now with this crisis, there’s a lot of evidence suggesting that this thing of prioritizing profit has a lot to do with why our disaster preparedness is so far from what we need right now. Most of y’all have probably heard that Trump dismantled a pandemic preparedness team inside his administration that had been created during the Obama administration. But what you really have to look at is how he explains hisreasoning for this. In a press conference where he was describing why he cut thepandemic team and other things, he said, “I’m a business person….”

BONUS EPISODE: Pandemic America, Scene On Radio, Season 4: The Land That Never Has Been Yet

They play a clip from Trump where he says he doesn’t want people ‘standing around’ being unproductive. But of course that only makes sense if you think countries should be run like businesses.

Chenjerai Kumanyika: And so there’s all these ideas circulating that everythingin the world should operate like a business and that somehow businesspeople are the best equipped to do everything. But in this case what you see is that business instinct was incredibly shortsighted. When we’ve actually known about these kinds of flus for decades, and people have been warning about just this kind of global pandemic — including Dr. Anthony Fauci, who’s playing such a prominent role right now. He’s the head of the National Institute of Allergy and Infectious Diseases and you’ve probably seen him talking about this. He’s been warning about flu pandemics at least since the 1990s. But with that government pandemic unit cut from the budget, the decision of whether or not to develop and mass-produce vaccines and tests was an economic decision left in the hands of people figuring out, like, are we gonna profit from this?

BONUS EPISODE: Pandemic America, Scene On Radio, Season 4: The Land That Never Has Been Yet

So there we have it. By ‘the economy’, what politicians and others mean is ‘profits for wealthy people’. This is why, with a straight face, they will talk about the ‘balance’ to be struck between the economy and the number of deaths caused by the pandemic.

Put like that, as profits for wealthy people, I don’t particularly care about getting the economy restarted. I care about human lives. Trickle-down economics has, after all, been debunked as bogus.


This post is Day 42 of my #100DaysToOffload challenge. Want to get involved? Find out more at 100daystooffload.com

Building a better future (despite the 1%)

Occupy Global

When I was in New York recently I didn’t attend the Occupy Wall Street demonstrations. Whilst I respect the ideas behind the movement, I’m just not sure it’s achieving anything. The protest inspired by #occupyws in my nearest city of Newcastle is certainly a bit forlorn and is gently ridiculed by the media. What’s far more effective, I think, is to infiltrate and convert the mass media to the cause. Not only does this mean a much wider representation of the ideas behind what’s going on, but (hopefully) retains the purity of the message.

I can’t claim to have read widely on the literature around #occupy and their message that it’s the 1% of the population that are screwing it up for everyone else but this article in the Guardian by George Monbiot certainly includes a few home truths. Here are what I consider to be the highlights (my emphases):

If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire. The claims that the ultra-rich 1% make for themselves – that they are possessed of unique intelligence or creativity or drive – are examples of the self-attribution fallacy. This means crediting yourself with outcomes for which you weren’t responsible. Many of those who are rich today got there because they were able to capture certain jobs. This capture owes less to talent and intelligence than to a combination of the rutheless exploitation of others and accidents of birth, as such jobs are taken disproportionately by people born in certain places and into certain classes.

In their book Snakes in Suits, Paul Babiak and Robert Hare point out that as the old corporate bureaucracies have been replaced by flexible, ever-changing structures, and as team players are deemed less valuable than competitive risk-takers, psychopathic traits are more likely to be selected and rewarded. Reading their work, it seems to me that if you have psychopathic tendencies and are born to a poor family, you’re likely to go to prison. If you have psychopathic tendencies and are born to a rich family, you’re likely to go to business school.

Chief executives now behave like dukes, extracting from their financial estates sums out of all proportion to the work they do or the value they generate, sums that sometimes exhaust the businesses they parasitise. They are no more deserving of the share of wealth they’ve captured than oil sheikhs.

Now they have almost bankrupted us. The wealth creators of neoliberal mythology are some of the most effective wealth destroyers the world has ever seen.

Whilst I agree with most of the ideas behind the above, one thing (perhaps because of space) that Monbiot doesn’t mention is that, financially, we in the west are pretty much all in the top 5% of the world’s richest people. I turn on a tap and water comes out. If I’m cold I turn up the heating. I can send my children to school for free. I don’t worry each day about violence to my family. I live in a democracy.

The trouble with messages such as ‘we are the 99%’ is that there exists huge disparity and diversity even within that figure. It comes across as mass individualistic protesting, with focus and definition provided by grouping around negative slogans rather than positive action. Whilst the 1% should be questioned and challenged, we all need to be doing more to create a fairer, more equitable society. Let’s not get carried away by political reductionism and slogans. We can do better than that. It’s trivially easy to retweet something or join a Facebook group, but what are we (myself included) actually doing over and above this to make this world a better place? I can’t help but think that marching and camping out isn’t enough any more. What (and where) are we building?

Image CC BY-NC Occupy Global

The six month slap-in-the-face for UK teachers

My video response to the news that the UK government is proposing 6-month teacher training ‘fast-track’ schemes. This is apparently to make it easier for those made unemployed in the economic downturn to enter (what has been called up until this point) the ‘teaching profession’.

Relevant links:

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