21st Century Institutions: the U.S. Presidency

Donald Trump is not the first U.S. President to be elected in the 21st Century, and the odds are he’s not going to be the last.* He does seem likely, however, to go down in history as the century’s most characteristic one, at least as things look now, twenty years into the accursed opening maneuvers of its history-making engines.

President Trump himself is undeniably one of those engines, a steam-powered anomaly in an era increasingly lit up at night by the output from solar panels, wind turbines, and lithium ion batteries. It would probably be easier, and it would certainly be more pleasant, to write about the American Presidency without mentioning the Donald, but since he does seem to represent some sort of numinous final stage in the rot that’s been eating away at the office since 1945, there’s no credible way to avoid dealing with him in all his radiantly decadent glory.

Back in 2011, in snarking at the dozen or so GOP presidential candidates of the time, I called Newt Gingrich the Dorian Gray of the Republican Party. By the middle of 2016, as candidate Trump’s arsenal of creepy facial expressions began its final assault on our international media landscape, I realized that Newt had been a mere pretender. Not even Oscar Wilde himself could have imagined the world we were now living in, a world in which the real-life equivalent of his fictional character actually preferred having the evolving portrait of his depravity visible to everyone and his dog.

When January, 20, 2017 finally did arrive, it was even weirder than usual for a Presidential Inauguration Day. Most of the political class and its media pilot fish were still hung over from the excesses of the election in November. To their momentarily everlasting astonishment, it seemed, Trump had actually managed somehow to get himself elected President, and was standing there now, live in front of the assembled cameras, taking the oath of office. Oh. My. God. The nuclear football in the possession of a sociopathic, blowhard hotel developer! Sackcloth and ashes! Baskets of deplorables! Facebook and Russians! Blah, blah, blah.

Trump himself was soon to be busy elsewhere in Washington. Once he’d gotten the rug swapped out in the Oval Office, had more Trump-suitable golden drapes hung above its windows, and settled his very stable genius behind the Resolute desk, he got down at last to the real work: redecorating the American political landscape with a stunning array of bagmen, bootlickers, generals and ex-generals, racist Dixie irredentists, religious fanatics, voodoo economists, firearms fetishists, Fox News ressentimentistes, rust belt coal rollers, libertarians looking for a hill to die on, and his own children. In 2020, I continue to wonder: is there really anyone left in the United States who still believes that this was all some sort of diabolical accident?

No, there isn’t. And no, it definitely wasn’t. Most of the electorate understands very well that this train wreck of an election was no accident, whether they voted for Donald Trump or not. And yet, amazing as it is to contemplate, our luck has held once again. Despite the best efforts of Trump and his merry band of magatrumpistas, the United States seems unlikely to become a failed state during his reign, no matter how diligent its political class is at helping him carve one out of the complex patrimony of the U.S. Constitution.

If we can somehow manage to ignore all the present din and idiocy, what is undeniable about the history which has led us to Trump in the White House is that already by the latter half of the 1970s, the international economic order set up by the western allies following the defeat of Nazi Germany and Imperial Japan was becoming alarmingly unstable. Contrary to the arrogant predictions of our so-called foreign policy experts, the economic restoration of our defeated enemies had not, in fact, bound them in perpetuity to political alliances dominated by the United States. China was not, in fact, going to be permanently denied the economic and political deference due it as a society which embraced more than 18% of the world’s population. Even the lesser nations of the world would not, in fact, continue to fear being denied a place at the trough of American largesse, especially as there came to be less and less in it for them.

The election of Donald Trump is far more, I think, than a macabre trick that the rubes in the MAGA hats have played on themselves. It’s also the clearest demonstration we’re ever likely to get that prominent members of the American political class are not as savvy as they make themselves out to be. Simply put, they’ve failed to prepare the American people for the historical metamorphosis which has brought the postwar Pax Americana to an end. Even more simply put, bearing humiliating witness to a Trump in the White House is the price they’re paying for that failure. Whether they realize it or not, the longer they keep propping up the status quo, the higher that price will be. After four years of the Trump administration, let alone eight years, I’m pretty sure the vig alone will wind up bankrupting them.

While it may be true that even in the hands of a Donald Trump the U.S. Presidency remains as remarkable an institution as it ever has been, it’s definitely true that it’s never been a less transparent one, especially with respect to the exact nature of its formal and informal powers. To give just one example, there are 17 agencies in the so-called United States Intelligence Community, which, according to the latest figures available to the public, have granted top secret security clearances to a total of over 900,000 people. Meanwhile, President Trump is reported to have restricted his daily security briefing to two pages, while supposedly watching four hours of Fox News a day. What reason is there for anyone to believe that he’s actually in charge of what is going on in these agencies? Who can predict the impact that such calculated ignorance will have on our national security, or our foreign policy in general? Certainly someone is in charge — many someones more likely — but I doubt that any of them are significantly more accountable to the President, at least on a day-to-day basis, than they are to the public at large.

Admittedly it’s hard enough to run an effective federal administration with a full complement of politically competent policy experts, and a chain of responsibility that extends to the lowest level of the executive branch. You certainly can’t run one effectively with a staff consisting of your daughter, your son-in-law, Sean Hannity, Sheldon Adelson, a rota of retired generals, lobbyists and golf partners, and an assortment of idiot yes-people whose only significant achievement is the byzantine complexity of their self-abasement. The country is too large, its political and economic infrastructure too complex, to be managed entirely from the top down; the responsibilities of the Federal Government are too extensive, and its interlocking bureaucracies too encrusted with decades of turf wars, interagency rivalries, and deviant ideological agendas to respond competently to even the most intelligently conceived policy directives.

The bottom line, I’m afraid, is that the U.S. Constitution is showing its age, and so is the U.S. Presidency. I think it’s significant that both President Trump and three of his Democratic Party challengers for the office in 2020 are over 70 years old. I remember when we used to laugh at the infirmities of the gerontocracy under Brezhnev in the Soviet Union, and Mao in China. These days, it looks as though the laugh is on us.

*YMMV. I have to say, though, that if I were a bookie, I’d be reluctant to offer the current Vegas line on that bet, especially if I had to lay off any significant amount of it. That’s the kind of move that might just wind up getting you your legs broken — or worse — even when most of your ordinary day-to-day tormentors would be running around shrieking and waving their hands, looking for a window to jump out of.

From 1994: The Future of Our Discontents

This essay appeared here and there on the Web in the mid-Nineties in slightly different versions — at one point it was even published in translation by an Italian Blade Runner fan site. There are things in it that I’d change if I were writing it today, but since the only point in re-jiggering the parts that seem embarrassing twenty years later would be to fake a prescience I didn’t have then, and don’t now, who would I be fooling?

 

The Future of Our Discontents

The Contributions of Ridley Scott’s film Blade Runner
to the Landscapes of the Twenty-First Century

Four towering gas flares roar up in the foreground and drift away over the landscape like the exhaust from some monstrous calliope. In the valley below them, a vast, corroded jewel of a city glitters in the smog-tinted autumn twilight. The year is 2019, and the city is Los Angeles—capital of the Pax Americana and setting for Blade Runner, Ridley Scott’s thirty million dollar meditation on the future of post-industrial capitalism.

Scott’s City of Angels isn’t for optimists. His images of things to come are as melancholy and as architectural as Dore’s engravings of Hell, as intensely detailed as a flatworlder’s logic. Yet the darkly eloquent nightmare at the center of his vision is also strangely apolitical—no one is explicitly blamed for the horrors it offers us. I doubt it ever occurred to Scott that anyone would object—not on ideological grounds, at any rate.

So in the summer of 1982, when Blade Runner was first released to theaters, the reaction against it may well have come as something of a surprise. Reviewers pointed inevitably to flaws in the film’s execution, but I suspect that the real difficulty lay in its tone.

Rightly or wrongly, we Americans have always considered our immunity to the historical accidents which plague other people an essential part of our birthright. The decade of Vietnam, Watergate, and the Arab oil embargo had been a depressing ten years for us, and few of us were eager to be reminded of it, especially when we were expected to pay for the privilege. Scott’s problem was this: just when Ronald Reagan was promising to restore American bragging rights, Blade Runner appeared to conjure openly with the demon of false pride. To many moviegoers, the result may have seemed less a prophecy than an exercise in cultural defeatism.

It would be hard to blame them. Blade Runner was—and is—a disturbing film, but it is also an emotionally accurate one. For anyone who continues to harbor doubts about the future of American empire, there is something deeply unsettling about the rain-soaked Los Angeles in which Blade Runner is set, something eerily familiar in its crumbling architecture and punked-out Third World inhabitants. I wonder how many people, picking their way through theater parking lots on a warm June evening in 1982, imagined for a moment that they heard thunder in the air behind them, or looked apprehensively for oriental characters on the exit signs as they started their cars and drove away. I suspect that there were more than a few.

It may have come as unwelcome news to Scott’s investors, but these disoriented moviegoers, and their reactions to Blade Runner—irritation on the one hand, and deja vu on the other—may have been a better guide to its long-term impact than the box office receipts. However much—or little—it grosses, Blade Runner will remain a compelling reminder of just how nasty life in the twenty-first century may eventually become. It shouldn’t be surprising that audiences find it haunting even as they reject it.

The source of their ambivalence is clear enough, after all. We Americans are the inventors of the twentieth century, but we still haven’t found a home in it. Despite our history, and our pretensions to technological superiority over the rest of the world, we are a lot like the victims of the Chinese curse—fated, no matter what our individual desires, to live in times which are a lot more interesting than we would prefer.

Perhaps that is why, in philosophical terms, the second half of the twentieth century has been so devastatingly quiet. The testimony of Heisenberg and Freud is on record in every library, and incidents like Chernobyl or urban gridlock are reported daily in the media, yet the ruling orthodoxy of the post-war era remains unswervingly Newtonian. It understands only cause and effect, problem and solution, and it recognizes only one heresy: anyone who dallies, even for a moment, with the notion that uncertainty might be a permanent feature of human enterprise is automatically persona non grata. Like Socrates, he may be tolerated, but he is never left alone with the children.

The price of this attitude, especially among the orthodox themselves, is a profound and chronic restlessness. The hope that we can find solutions is tempered always by the fear, largely unexpressed, that we may ourselves be part of the problem. We sense that we are facing not one, but two futures: the future of our public allegiances, and that darker future of moral decay, terrorism and nuclear holocaust which occasionally decorates our private nightmares.

Unfortunately, both are based on the same evidence. Whether we like it or not, the choice between them is always an act of faith—which may be why the use of the future as a metaphor for the misgivings of the present has become such a commonplace. It serves the same function in our time as Hell did in Dante’s: it provides us with the excuse—and occasionally the means—to confront what we have all too carefully hidden from ourselves.

And what illuminations does Blade Runner offer? In the story itself, very few. Whether Scott was forced in the end to capitulate to the demands of big-budget Hollywood marketing, or simply held himself aloof from the political implications of his vision, plot and character development in Blade Runner never rise much above the sad conventions of the comic strip and television cop show. It is only in the incidentals that Blade Runner is interesting—the details of set design and lighting, the tight integration of sound track and music; the tantalizing view, in minor characters and in actions taking place at the edges of the frame, of a city in which much more serious business is being transacted than the pursuit and destruction of some assembly-line Prometheus.

If this business is familiar, it should be. In embryonic form, its essential features surround us already. The political and social dominance of so- called “corporate cultures” is a fact; so also is the increasingly neurotic synergy of computers and real-time video which so gleefully confuses our dreams and our waking experiences. If androids seem farfetched, we have only to remember that it has taken less than thirty years for the first tentative experiments in genetic engineering to develop into the industrial technology which makes worldwide headlines today. Whatever the level of our individual understanding, we must all be aware that a sudden environmental or political apocalypse is not the only threat we face.

It is in the light of this awareness, which he clearly shares, that Scott has rebuilt and illuminated the city of Los Angeles for us. We see it as it might look on a late autumn afternoon nineteen years into the coming century: corrupt and essentially ungovernable, the decaying but still powerful queen of a technological civilization which steadfastly refuses to look at either the compass or the clock.

In the foreground, Harrison Ford and Rutger Hauer argue whether androids have souls, and whether, having been denied the right to self-determination by no less a figure than their creator himself, they are justified in resorting to mayhem. We scarcely notice Scott in the background, quietly aiming his camera down a narrow alley at the approaching Götterdämmerung.

Scott imagines the end coming, as Eliot did, “not with a bang, but a whimper.” His camera conducts us through the overpopulated ruin of Hollywood and into the downtown fortress headquarters of the Tyrell Corporation, where Eldon Tyrell, its founder and CEO, has embarked on a mission which would impress even Lee Iacocca. With the natural ecology in terminal disarray, the Third World noisily hawking its noodles in the glass-walled canyons below him, and little hope for continued profit in his dominion over either one, Tyrell—one of those superbly educated and superbly callous white men who, for lack of a better word, we agree to call technocrats—has hit upon a radical solution to his dilemma: he will replace every living thing, human beings included, with more tractable models of his own design.

If his solution seems far-fetched, consider what the present century has already accustomed us to: purge trials and personality cults, Mutual Assured Destruction; the technologies of mass production applied to genocide…. Attempts to selectively re-engineer all of Creation are still comfortably beyond the limits of technology, but should a more capable technology someday become available, it isn’t difficult to imagine a future General Motors or Pentagon willing to experiment with it.

The likelihood of such a future, and the moral fatigue which accompanies it, are among the true horrors of modern life. Against that day, the day when Tyrell’s particular gladness comes to pass, the twin ideologies of politics and religion have little to offer us. The future isn’t an ideological problem.

Sadly, it isn’t an aesthetic problem either. Artists often see evil more clearly than the rest of us, but they rarely have any greater power to correct it. In the realm of the senses, they are not so much politicians as historians. What makes their history more interesting than the kind we are taught in school is that sometimes, as in Blade Runner, it has yet to be confirmed by events.

In painting and in literature this is a familiar concept; in film it is still relatively new, and still poorly understood. Film is a powerful medium, but the experiments with form which, for more than a century, have marked the best of the other arts, have yet to excite much interest among professional filmmakers.

There are two reasons for this, I think. The first arises from the economics of film. Unlike painting or writing, filmmaking is not a handicraft. Film is a collaborative, high technology medium, and feature- length works cost far too much to be sold profitably to the individual collector. Such works must be mass-marketed if they are to be marketed at all, which effectively restricts any experiments in form to those which are likely to be tolerated by mass audiences.

The second reason is more subtle. The illusion of control over reality is one of the most seductive attractions of film, not just for audiences, but also for filmmakers themselves. These days, a director with Hollywood financing at his disposal can do just about anything God can do—provided, of course, that his ambition (and imagination) are up to the task. It is only natural that his acolytes—the cameramen, grips and electricians; the make-up and wardrobe and continuity people—should harbor illusions of their own. Sending an antique Rolls Royce over a cliff just to capture a second or two of film is heady stuff, especially when someone is paying you a fabulous amount of money to do it.

Unfortunately, the grandeur and the exhilaration are available only when the film retains some connection, however tenuous, with its theatrical antecedents. Animation, computer-generated imagery, and other seemingly avant-garde graphic forms may be interesting, but they lack the appeal of film as wish-fulfillment theater.

Audiences in particular have very sensitive antennae for this quality—the quality of their own dreams (or nightmares) given palpable form. The reason that a film like Blade Runner can successfully attach itself to an audience’s subconscious has less to do with its technology—the computer-controlled cameras, digital sound sampling, traveling mats, etc.—than with its psychology, a quality relied upon as much in Shakespeare’s plays as it is in any film.

Of course the tools of traditional theater and of film are vastly different. In Shakespeare’s plays, natural language is the only artifice required—it conjures so powerfully by itself that any staging beyond the absolute essentials seems almost a distraction.

The situation in Blade Runner—as in films generally—is reversed: it is the visual environment of the film which carries the weight of the narrative. In Blade Runner this environment is so strongly present, and so richly suggestive, that at times the relatively little dialog which is required to advance the plot seems more a threat to the dramatic illusion than a support for it.

In large part, this is due to the subtlety of Scott’s visual vocabulary. He gives us brief, but detailed glimpses of a world which is a plausible, if not precisely logical, extension of our own, then openly invites us to interpret them.

To take just one example: almost everyone in Blade Runner smokes—the impenetrable tobacco haze is an important visual element in many of the interior scenes. It isn’t clear, in an age when smoking has become anathema, an almost universal symbol of dissipation and self-contempt, what Scott intends by giving it such pride of place in his version of the twenty-first century.

The answer, I think, is that the smoking in Blade Runner is intended as an echo, a reminder that all the poisonous exhalations of a capitalist society are voluntary. The fatal eroticism embodied in the fumes from Rachael’s smoldering cigarette is repeated in the orange skies above Los Angeles, in the continual dark rain which beats along its decaying rooftops and licks at the trash fires in its streets. Consumption pursued as an end in itself, Scott seems to be saying, will lead to the same, slow catastrophe whether it is an individual or an entire society which does the pursuing. The American Dream is, in fact, a nightmare, and it has always been one.

The psychological acuteness in such metaphors is evident, but for those of us who are roughly Scott’s contemporaries, there is a particular irony in the way he applies them.

We are the children of plenty—our own age of innocence began in the national celebration which accompanied the end of World War II. We grew up surrounded and sheltered by the post-war fantasies of the Fifties. According to the folklore of our childhood, it was American know-how, American technology which had brought us our final victory over war and poverty.

I remember articles in the Weekly Reader of my childhood about the industrial benefits of atomic power and the increased farm yields made possible by the invention of DDT and 2-4-D. I also remember the stories my parents let slip about their own lives; the indignities they had suffered during the Depression, their separation from one another during the war years.

For those of us who had the good fortune to be born white, the future held no particular terrors. What scared us was the past which our parents had so narrowly escaped. Until the Vietnam War arrived to provide us with horrors of our own, we were only too happy to join them in fleeing theirs.

For our generation, then, the more the future threatens, the more it resembles the past—and Scott seems to understand this instinctively. In Blade Runner, he presses the Thirties into service again, like the Bogeyman, to cast its long shadow over our hopes. The Mayan Revival is once again the dominant architectural style; the women of all men’s dreams are once again encased in Joan Crawford’s stiff-shouldered exoskeleton. The horrors of Scott’s landscapes turn on a delicate and beautifully original application of McLuhan’s principle of historical simultaneity—the visual artifacts of another era detached from their original context and pressed into service as emotional shorthand in our own. As the founding generation of the Information Age, we are perhaps the first to be conscious of these signals; we are certainly not the last to be vulnerable to the distortions which they can sometimes introduce into our collective memory. In any event, we respond to the language, and Scott speaks it to perfection.

Yet inventive as it is, this psycho-historical sleight-of-hand isn’t the only trick Scott has in his bag. His camera may imagine the future, but it also echoes the present with an accuracy that is often unsettling.

Consider the immigration patterns of the past twenty-five years. Most of us are aware of the Hmong and the Marielitos, of the continual flood across our southern borders. We’ve seen the changed population mix in our cities, especially along the southern rim of the country. Scott takes the trend a step further, imagining a time when all of our imperial chickens have finally come home to roost.

At street level, his Los Angeles is part Ginza and part Decline of the West—home not only to the rubber-clad, German-speaking dwarves who clamber over Deckard’s car looking for parts to pry loose and sell, but also to Gaff, the extraordinary Latino with white eyes who practices Origami and speaks an argot which sounds like an amalgam of Japanese and Indonesian. (Gaff is especially interesting. As I read him, he is the embodiment of that elegant nihilism which hereditary second-class citizenship sometimes produces among the more talented members of minority groups. If James Baldwin had been stripped of the last of his illusions and armed with a license to kill, he might have behaved a lot like Gaff.)

Although we may not yet be able to find exactly these creatures walking the streets of our cities (even in Los Angeles) there is a definite possibility that we may someday have to make a place for them. And if their numbers happen to include a few clones and cyborgs, who will complain? The same people who complain now, probably—”the kind of cop who used to call black men ‘Niggers.’” For the rest of us, what people are made of—then as now—will have little to do with the physical composition of their bodies.

After all, we are Americans, and Scott’s twenty-first century, despite its stylistic kinship with fascist public works, is an American century. He recognizes that Americans—Californians, at any rate—have always made their own decisions, have always flirted with anarchy.

When Chew tells Batty “I just do eyes,” he is testifying to a form of social disintegration which Orwell could never have imagined. Not ideology run amuck, but the implosion of ideology has sent the people in the streets of Scott’s Los Angeles scurrying. They must re-invent themselves daily out of the unstable bits and pieces of a collapsing rationality. Every man in this New Jerusalem is an island, and a floating one at that. Such purpose as exists here isn’t totalitarian—it’s individual, and small. A subcontractor in human eyes fits the logic of such a society perfectly.

And whether we like it or not, we know that Chew speaks for all of us. If things sometimes go wrong, he believes, as we do, that it can’t be our fault—we are responsible only for a piece of the action, not for the whole. Politics is said to be the pride of free men, but in the twentieth century, the free man has learned to avoid all forms of responsibility, politics included. Politics has been reduced to a form of longing, an eloquence in the prayers of the oppressed. We may sympathize with their plight, but we ourselves are longer interested in acting on their behalf. Outside the Third World, the clear and present danger in our era isn’t totalitarianism, it’s chaos—the lack of necessary and sufficient reasons for doing anything at all.

We know this, all of us. We don’t often discuss it, but we know it. Should automobiles someday come equipped with self-contained oxygen systems, and large-scale mining operations be set up in our urban landfills, we’ll have another chance to reassess Scott’s powers of prediction.

In the meantime, we can say only that his contribution to the vocabulary of our future discontents has been taken up by other filmmakers. When we hear petty fences speaking what sounds like Korean in Trouble in Mind, or see petty Ministry of Information hacks in Brazil driving three-wheel Messerschmidt staff cars (ca. 1949) it wouldn’t hurt us to remember who was first to disembark on these shores. Ridley Scott may not be aware of it himself, but he understands our nightmares.

If you doubt it, make your way over Mulholland Drive, or coast down from Griffith Observatory some night when you have nothing better to do. Try to see la Ciudad de Nuestra Señora, Reina de los Angeles without the gas flares, without the winking lights of ground effects spinners above the Harbor Freeway. If you find, as I do, that the present is overlaid by something darker, something more ominous, then you may agree with me that Scott has, in Wim Wenders’ wonderful phrase, “colonized our subconscious.” When all is said and done, this is what has always been expected of artists. We should be grateful that someone still possesses the ancient power.

The Democratic Deficit in Europe — Another View

From Dani Rodrik’s Europe’s Next Nightmare in Project Syndicate:

The challenge is to develop a new political narrative emphasizing national interests and values without overtones of nativism and xenophobia. If centrist elites do not prove themselves up to the task, those of the far right will gladly fill the vacuum, minus the moderation.

That is why outgoing Greek Prime Minister George Papandreou had the right idea with his aborted call for a referendum. That move was a belated attempt to recognize the primacy of domestic politics, even if investors viewed it, in the words of a Financial Times editor, as “playing with fire.” Scrapping the referendum simply postpones the day of reckoning and raises the ultimate costs to be paid by Greece’s new leadership.

A more moderately-worded view of Europe’s delusions. Then again, Rodrik doesn’t need to shriek — he isn’t looking directly down into the abyss. He’s over here on this side of the Atlantic, where we have our own problems with democracy. There are many pathways to the legitimacy conferred on a government by the consent of the governed. Europe can’t seem to find any of them, while we seem to have given up looking. Given that modern history hasn’t tolerated either form of benign neglect for very long, there doesn’t seem much point in preferring one over the other.

Brief Encounters with Austrians

Fiat Currency. Fractional Reserve Banking. Collectivism. Curse words as familiar these days on the Intertubes as socialist or liberal used to be at Baptist church suppers. Disciples of the Austrian Holy Trinity  — Hayek, Von Mises, and Rothbard — are everywhere these days, and everywhere eager to counsel us that any houses we build in the future must be paid for, not with electrons and promises, but with actual money — you know, hard money, money you can bite down on, money that you can toss up in the air like Scrooge McDuck, and actually feel it hit you on the head when it comes down. They’re having none of this stuff that any government can conjure on a computer, and any central bank can issue. They claim that civic virtue is what’s driving them, but I suspect that they’re just out of breath chasing events that they don’t understand, and consequently need a rest more than they need our attention.

Yes, hard money would certainly slow things down for a time. People who presently have access to hard money, or can imagine themselves having access to it in the future, think that this would be a Good Thing, inasmuch as it would a) give them more leisure to lecture us on eternal verities, and b) keep the political fantasists and other rabble at bay until better security measures could be devised.

They’re wrong, of course. It’s not just that they’d have to put down the masses of people pissed at being forced to give up their iPads and go back to grubbing on somebody else’s acreage all day with only a dish of oaten gruel as their reward at the end of it. They’d also have to figure out how to finance a dozen nuclear-powered aircraft carriers and accompanying battle groups to replenish the gold they’d frittered away producing goods that no one but themselves had enough hard money to buy.

So what else is on offer, and who’s offering it? These days, business as usual, of the kind prescribed by Wolfgang Schäuble on the far side of the Atlantic, or Hank Paulson closer to home, has about it the unmistakeable odor of wishful thinking. Slightly left technocrats agree, and offer us Keynes instead. They swear it’s because his theories work, but I suspect that at least part of their enthusiasm arises from the notion that adopting his theories would put them in charge again, which for them, if not for us, is reason enough. Revolutionaries are still trying to exhume Marx — brush the grave-mold off his burial suit, put a little touch of rouge on his cheeks, they say, and  he’s good to go again. With all due respect for what he accomplished in his day, I doubt it.

We need to do better than this. What do we mean by freedom? What do we mean by prosperity? Is capitalism — any form of capitalism — really essential to either? Who’s minding the store anyway? I can’t really blame the Hayekians for asking similar questions, but when it comes to answers, I’d as soon consult my local astrologer.

A Tinkerer’s Damnation

Originally appeared as a comment on Autonomy for All. Reposted here with minor changes.

Tinkering…. As good a word as any for a dearth of political will. I hate to bash Brad DeLong, who’s one of the good guys, and doesn’t really deserve a snarking, but he’s a classic case of the technocrat who believes in all the seemingly correct policy solutions, yet is left as helpless as the rest of us by the madness of Realpolitik, not to mention the madness of people who wouldn’t recognize realism if it bit them in the ass.

Here’s Professor DeLong, who’s as smart as we make them these days, waxing ironic:

And here we reach the limits of my mental horizons as a neoliberal, as a technocrat, as a mainstream neoclassical economist. Right now the global market economy is suffering a grand mal seizure of high unemployment and slack demand. We know the cures–fiscal stimulus via more government spending, monetary stimulus via provision by central banks of the financial assets the private sector wants to hold, institutional reform to try once gain to curb the bankers’ tendency to indulge in speculative excess under control. Yet we are not doing any of them. Instead, we are calling for “austerity.”

It may make for decent theater, but irony is hardly the best defense against the limitations of the intellect in situations like the one we all find ourselves facing today. Neither is cognitive dissonance, as in the governor of Wisconsin — Wisconsin, for Christ’s sake — threatening to use the National Guard to shoot public employees who object to being beggared by a nasty right-wing ideologue. Or, if you’d rather read about the problems of furriners, this: The Arab World’s Triple Crisis.

If Professors DeLong and Krugman can’t handle the political implications of our manifold current crises, who can? My answer is that no one can, not and remain unscathed. Our future is no longer strictly a mattter of policies good or bad, and no matter how much we might wish it to be otherwise, the outcome has become unpredictable.