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D - 124 and counting

"I seen my opportunities and I took 'em." --George Washington Plunkitt, on "honest graft"

"The [whose?] economy" on the talk shows: You could do worse than The Bobblespeak Translations: "GREGORY: Joe is this a jobless recovery? ... BIDEN: We were losing millions of jobs when we were sworn in -- since then we’ve slowly added hundreds of thousands" (cf. Dean Baker). HoHo: “much better shape.” Schumer: “steady hand on the tiller". Toles not an antidote.

A Socialist wins the French election, so MoDo writes about the Fascist (more MoDo goodness).

Robama kicks off official campaign in OH with greatest speech ever. Overflow crowd or not? Not, actually. Axelrove: “14,000 is 11,000 more than the largest crowd that Mitt Romney has ever drawn”. Ouch! Robama: "I still believe in you. And I'm asking you to keep believing in me." Obomney campaign site: Believe in America". One side is lying and the other is not telling the truth (hat tip: Chris Floyd). Which even our famously free press is starting to notice. Anyhow, here’s the transcript, which does, in fact, read well: CHILD: "We love you, Barack Obama!" Squee! But when you’ve lost Ezili Dantò...

Robama campaign "tailors message for key states and voters". (Sun slated to appear in East.) Like college towns. In swing state VA, 2008’s coalition -- youth, suburban Washingtonians, women, and blacks -- is largely intact (though not clear how large “largely” is). Robama’s composite cartoon woman, “Julia,” appeals to all members of that coalition (except for blacks; he doesn't need to bother). Thinking back to 2008's key demographic, Julia is also a “creative class” professional: Her (suburban Washingtonian, i.e. Beltway) business might bid on building websites for ObamaCare, for example. Or the DHS. Eight time loser Robert Shrum (D): "What’s powerful about the Obama slide show ["Julia"] is that it deals in specifics that people very much care about." Web site development?! Jobs, maybe. Robama's hiring. But don't take your work home with you!

Key players on Team Robama meet Sunday nights: David Axelrod, Stephanie Cutter, Larry Grisolano, Valerie Jarrett, Jacob J. Lew, Alyssa Mastromonaco, Jim Messina, Dan Pfeiffer, David Plouffe, Pete Rouse. Joe Biden (not on the list) is the "highest ranking official" who is "comfortable with gay marriage". Alrighty then.

Paul surgelet: NV: “An organized contingent who easily took control of the state convention". ME: "Paul's backers took control of key parliamentary positions and the convention agenda". "Other than [Governor] LePage, most of the names are relative unknowns". IA: If Paul trend continues, the IA caucus will have had three winners: “Romney on caucus night, Santorum after the certified vote, and Paul in the delegate count". The emerging narrative seems to meld Obama strategists’ focus on caucuses with Clinton supporters’ quest to be heard at the convention. And the only thing I can find on the Green's Jill Stein is an upcoming speech in Humboldt County, CA.

Some long-form think pieces on politics from The Arch Druid (2012), Ian Welsh (2010), and Stirling Newberry (2009) (the last because Avedon keeps linking to it).

-- Horse race-related tips, links, hate mail to lambert

* 124 days 'til the Democratic National Convention ends with an all-you-can eat shrimp buffet in Bank of America Stadium, Charlotte, NC. The longest kidney transplant chain ever had 124 links.
Cross-posted to Naked Capitalism.

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Jessica Yogini's picture
Submitted by Jessica Yogini on

(cross-posted from Naked Capitalism)

If you didn't read it before, the piece by Sterling Newberry that Lambert links to above is well worth reading.
I would add two points.
First point: The move from the old economy to the new economy will be a larger shift because it will be a shift from rules evolved for the production of things to rules for the production of knowledge. The shift from petroleumism to CleanEnergyism that Newberry foresees is theoretically possible but highly unlikely without the deeper transformation. The current elite derives much of its power not from increasing productive forces but from throttling the development of the knowledge economy. Therefore, it is unlikely that they will be able to play a forward-moving role even in the material sector of the economy.
This biggest problem to solve for any knowledge-driven economy is this: It must do two things at the same time: compensate those who do the work and turn the knowledge totally free. I strongly suspect that neither private property + corporations nor state property + government can do this, but that something new will be required.
Progressives are connected with the emergent knowledge producing class (in a broad sense). This is one reason why the relationship between “Progressives” (advocates for the next economy) and “Moderates” (advocates for rationalization of the old economy to prop it up longer) is more complex than Newberry presents. (Note too that Newberry is using these terms somewhat different from their usual usage. In particular, “moderates” are not watered-down progressives or pragmatic progressives, but a separate opposed pole, rational conservatives. Really, go read the article. After you finish my post) In particular, many who are genuinely progressive are nonetheless following supposed “Progressives” who are actually “Moderates”. Actual progressives have comparatively little (miniscule) institutional support. As a result, leadership among progressives often goes to those “progressives” who are subsidized by “moderate” opponents of progressivism in return for helping keep progressives as a colony of the “moderates”.
This “undercutting” of progressives at the very top mirrors what happens in the real economy. Within the knowledge producing class, the greatest resources are given to “creatives” who work in one form or another as propagandists for the old economy and technologists who themselves have become part of the rent-collecting elite (Microsoft and Apple, for example).
This contradiction between the actually existing knowledge producing sector and the potential of knowledge producers, both as a social force and as an expression of expanded human development, is an under-recognized factor, particularly in politics and culture. I believe it goes a long way in explaining why the elite has so far been so paralyzed by corruption and is driving us along a path that will not be sustainable for long even for the elite themselves.

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