Overcoming the Trumping of Democracy to Restore the Commonwealth

Trump is not merely rolling back countless federal programs that attempt to protect society from the ravages of unrestrained extractive corporate capital and industrial consumerism. He is going one worse. Think of the premise of his actions and the way he frames those actions in claiming to “make America great again.” That premise is that The Great Leader knows best. Ignore and deny facts; abandon democratic process; submit to his will alone. Just have faith in The Great Leader.

EPA programs and operations Suppressed; Military energy-star efficiency trashed; national parks plundered for mining and drilling; safety, pollution, and worker protections in industry rolled back; plunder the nation’s public lands. These are some of the president’s ‘practical’ goals. We must ask, “Who benefits?” Certainly not the public.

In all of these actions and more, especially withdrawing from the Paris Climate Accords, the premise is that the maximal leader is the only legitimate source of power and correct action.

As Thomas Snyder, Yale historian has so powerfully explained in his recent small eloquent book, On Tyranny: Twenty Lessons from the twentieth Century, “the president” has embarked on actions that parallel those used by various demagogues to destroy democracies in Europe. Every American should read this brief but powerful essay on how fascism overcomes democracy. We tend to think our democratic institutions are inviable, but they are not. They are now at high and growing risk.

Every executive order by this president is an attack on some public value, from due process to environmental protection, from plunder of the nation’s natural resources to escalating military adventurism. Corruption of public values in service to private plunder is elevated to the status of an unassailable new normal. The greatest danger now is that it is easier to acquiesce than to resist.

Underlying it all is the triumph of the ego over the human instinct for civility, altruism, reason, confirmed fact, and the public good. Lies are elevated to the status of faith in the decisions of a real estate swindler indebted to Russian oligarchs, whose misogynistic narcissism and corrupt business practices we must not question.

In all this, the stock market provides an interesting indicator of the ‘state of mind’ of the investor class, including institutional investors and wealthy individuals. Shiller’s indexes of stock market confidence are now at remarkably high levels. One interpretation is that investors believe the Trumping of democracy will offer expanded opportunity for plunder capital to ravage the social and natural environments for fun and profit, even though market valuations appear much higher than underlying fundamental business value. The U.S. One-Year Stock Market Confidence Index numbers have shot up since Trump’s inauguration, reaching well beyond those seen just before historical “corrections” in market valuation preceding recessions.

Schiller one-year investor confidence index

Source: http://som.yale.edu/faculty-research/centers-initiatives/international-center-for-finance/data/stock-market-confidence-indices/stock-market-confidence-indices

As one ‘contrarian,’ Eric Parnell, a registered investment advisor, put it, “All of this implies a toxic combination. Nearly everyone is bullish, thus leaving nobody new to join the game to take on the hot potato of already expensive stock prices.” But in today’s environment, greed knows no bounds, from the offices of predatory purchasers of bad debt to the oval office, plunder is the new normal – well, not so new, but radically more normal than ever.

During the Katrina catastrophe, minor looting got all the media attention; cooperative behavior, was not sensational enough to garner media attention. However, many made personal efforts to help others. Around the world, communities are rising to protect the land, water, air, and ecosystems upon which they depend for survival. The enemy of living Earth systems, including humanity, is the endless economic growth machine that Dmitri Orlov calls the “technosphere.” The new president is the most ‘visible hand’ in perpetuating the plunder of the biosphere by the technosphere.

Resist the oppression. Replace the destruction. Restore the Earth. These choices we the people must make by learning the lessons of failed democracies of the twentieth century. These difficult actions are the only choices left to achieve the societal resilience necessary for survival. Overcoming Trumpery is a necessity in that process.

Scapegoating for the Oligarchs, or Not

Ruling elites routinely distract their subject people by directing attention to individuals or ethnic groups as ‘the enemy,’ and it routinely works. As long as people are distracted by arguments over ethnic and individual culpability and conflict, the oligarchy wins. We could discuss the dominance of the English-American elite over the American economy and politics after the revolutionary war and their continued dominance thereafter, excluding the Scots-Irish immigrants and later many other ethnic groups from full political and economic participation, but to what avail?

The big mistake is to reduce problems resulting from economic inequities to the characteristics of individuals or ethnic groups. Today’s central banking cartel transcends national borders and ethnic categories, yet it benefits from any distraction of public awareness by scapegoating, including re-coded American racism, blaming immigrants for job losses, and plain old anti-Semitism.

The bottom line is structural; we live in a political economy of oligarchy, with a new twist that Sheldon Wolin calls “inverted totalitarianism” – a new form of fascism with a thin ‘democratic’ facade. You could waste your time tracking the ethnicity of all bankers, only to find a mix of whatever proportion, yet it would not matter. Their allegiance is to the financial elite of which they are members. Their Fox News minions call them the ‘job creators,’ even as they move their capital overseas to the labor markets they can exploit more cheaply. The oligarchy has various historical elements, but its current structure of power is what matters, and that is not an ethnic structure, it is the political-economic-financial structure of the corporate state. That is what needs to be directly faced and dealt with by ordinary citizens through concerted action.

Any chance for the people to prevail and for equity and democracy to survive will result only when people in communities recognize the fact that the larger system is way out of democratic control. It is not immigrants, Jews, Blacks, Mexicans, Muslims, or even terrorists who cause the problems most people feel directly in the form of depressed wages, underemployment, unemployment, lack of access to quality education, loss of access to voting, the decline of municipal infrastructures, growing police brutality and gun violence, a congress that refuses to respond to economic crises on Main street, not just on Wall Street, etc. Oligarchy thrives on oppression and distraction. Most societal problems are symptoms of economic and political oppression, and elite delusions of empire. Most Americans know that “the system is rigged,” and the economic cards are stacked against them. We also know that we can’t fight it alone. Anger breeds prejudice and discrimination; easy targets are presented to distract us. But only a turn toward positive concerted action can really help.

Because of the lock-up of national politics and economic policy by the oligarchs, the only ways left for ordinary people to survive and to thrive are strategies to create our own locally controlled institutions within communities and to withdraw participation from the giant institutions controlled by the Oligarchs.

Move your money from the Big Banks to local credit unions. Cancel Big-Bank credit cards and use local credit union cards. Start community banks. Divest savings from the fossil-fuel oligarchs and invest in socially responsible funds and local ecologically sound enterprises. Organize community solar and wind generating systems. Buy local. Reduce consumption from marketing-driven wants; buy to satisfy actual needs. Withdrawal from the international trade and industrial production system will stimulate opportunities in local economies in which individuals and families can participate and exercise control. That, of course, will not be an easy transition; it will require much cultural change and will be resisted by the oligarchs. But it will be an invigorating, transformational stimulus to a free and open society.