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Friday, January 29, 2016

Paul Krugman: Plutocrats and Prejudice

Where does all the "political ugliness" come from, and what does it mean for Democrats?:

Plutocrats and Prejudice, by Paul Krugman, Commentary, NY Times: Every time you think that our political discourse can’t get any worse, it does. ... But where is all the nastiness coming from?
Well, there’s debate about that — and it’s a debate that is at the heart of the Democratic contest. ...
To oversimplify a bit — but only, I think, a bit — the Sanders view is that money is the root of all evil. Or more specifically, the corrupting influence of big money, of the 1 percent and the corporate elite, is the overarching source of the political ugliness...
The Clinton view, on the other hand, seems to be that money is the root of some evil, maybe a lot of evil, but it isn’t the whole story. Instead, racism, sexism and other forms of prejudice are powerful forces in their own right. ...
As you might guess, I’m on the many-evils side of this debate. ... But ... the question for progressives is what all of this says about political strategy.
If the ugliness in American politics is all, or almost all, about the influence of big money, then working-class voters who support the right are victims of false consciousness. And it might — might — be possible for a candidate preaching economic populism to break through this false consciousness ... by making a sufficiently strong case that he’s on their side. ...
On the other hand, if the divisions in American politics aren’t just about money, if they reflect deep-seated prejudices that progressives simply can’t appease, such visions of radical change are naïve. And I believe that they are.
That doesn’t say that movement toward progressive goals is impossible — America is becoming both more diverse and more tolerant over time. Look, for example, at how quickly opposition to gay marriage has gone from a reliable vote-getter for the right to a Republican liability.
But there’s still a lot of real prejudice out there, and probably enough so that political revolution from the left is off the table. Instead, it’s going to be a hard slog at best.
Is this an unacceptably downbeat vision? Not to my eyes. After all, one reason the right has gone so berserk is that the Obama years have in fact been marked by significant if incomplete progressive victories, on health policy, taxes, financial reform and the environment. And isn’t there something noble, even inspiring, about fighting the good fight, year after year, and gradually making things better?

    Posted by on Friday, January 29, 2016 at 09:46 AM in Economics, Politics | Permalink  Comments (71)


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