Saturday, November 12, 2016

dsquared 11.11.16 at 4:19 pm

“As Marcel Proust and (by titling his post correctly) Noel Maurer have pointed out, the correct quote is “there is a great deal of ruin in a nation”.”

There’s a great deal of ruin in a nation! I’m gonna show you such a great deal, it’s gonna be a great deal of ruin. You’re gonna be amazed at what a great deal of ruin it’s gonna be. Honestly, folks, you’ve never seen such a great deal of ruin.
bob mcmanus 11.10.16 at 6:41 pm

I’ll paste this from another thread. JQ dislikes pessimism, and that’s my nature. He can feel free to delete it.

There is a lot of discussion as to whether Trump is actually going to demand a massive infrastructure initiative as the price for signing the Congressional agenda. It may include clean energy and mass transit. Funded who knows how.

Creating millions of new well-paying jobs.

Think of Germany in the early 30s, Keynes before Keynes, Japan. Trump keeps Mein Kampf by his bedside.

What, it never crossed your mind that Republicans in dominance and undivided gov’t, could enact Paul Krugman’s economic wetdream?

That there is anything inherently “liberal” about allowing inflation, infrastructure spending, gov’t deficits? That the Reagan-Art Laffer-George Bush small gov’t conservatism was the only variety?

That Republicans are too dumb or greedy to know how to gain the loyalty of their pretty broad base for decades?

Peace and Prosperity are on their way. Trump is too old to want world domination, but I suspect it is available now (in alliance with Russia, China, Turkey)

(PS:Appears Trump is keeping his word, and letting Pence run things. Kris Kobach is bringing in some of the hardest of the Christian Hard Right. I don’t know if any are Dominionists or Christian Reconstructionists, but they could be. This is much worse than I imagined. Help people leave.)
bob mcmanus 11.10.16 at 11:02 pm

If Trump goes liberal or at least centrist as Bob suggests

You misunderstand me, I am not expecting Trump to be in any way liberal or centrist. Re-read the comment. And I could be very wrong, but I see some very smart fascism coming.

I don’t know what’s coming, but the “million new jobs” could be very explicitly directed and exclusive to a particular segment of society, white males. Meet a truncheon if you complain. Wisconsin and Indiana get billions in infrastructure and California gets zero.

Fascism, like any other political economy, delivers (for a while) to its constituents. Economic prosperity for Trumpsters, with the added and probably necessary pleasure of revenge on their enemies. It may start small.

bob mcmanus 11.10.16 at 11:24 pm

It is apparently not understood that the revolution is happening. Neoliberals, central bankers, International NGO’s like the IMF, multiculturalists and cosmopolitans have been and are being deposed globally.

There are not at all, with due respect to JQ, two or three alternatives, left neoliberalism, right neoliberalism, and reaction. There are at least two more, socialism (haha) and right authoritarianism/fascism/neomercantalism (all different but all “right” in different ways.)

Takahashi Korekiyo, 20-30s Japanese Financial minister, often called “the Japanese Keynes,” favored inflation, deficit spending on infrastructure, cutting defense spending, going off the gold standard and was imperialist as hell, but thought a financial imperialism and economic hegemony would be more enduring than military. Soldiers killed him.

Herder, List, Carey and the American School…I’m getting snarky. I’ll put on my Marxist cap and go away. PS: John Smith Imperialism in the 21st Century, 2016 is some excellent Marxian analysis of the American Empire, it’s beneficiaries and victims.

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