By MANIFESTO JOE
In the demented spirit of a godfather of American fascism, Joe McCarthy, plenty of Republicans, led by McCain attack dog Sarah Palin, are hurling the dreaded "S" word at Barack Obama. It's right-wing regurgitation.
The dreaded word in McCarthy's time was "communist." Now it is "socialist," and the far right bases this on Obama's clearly stated intention to enact very limited income redistribution for the benefit of working-class and middle-income Americans.
This misnomer reveals the stupidity of those who use it with any sincerity, and the desperation of those who actually took political science and economics in college and surely know better.
Here's a basic dictionary definition of "socialism," from Webster's New World College Dictionary:
1. any of various theories or systems of the ownership and operation of the means of production and distribution by society or the community rather than by private individuals, with all members of the society or the community sharing in the work and the products.
Please note that the crucial part of the definition has to the with "the means of production and distribution." I am unaware that Obama has ever advocated nationalization of industries, Israeli-style kibbutzes or anything else that characterizes bona fide socialism. He is clearly, like almost all other American progressives, a welfare capitalist. He favors a system of private ownership, but with restraints, checks and balances, and limited intervention in the public interest.
Many conservatives, being ignorant, disingenuous, or both, have greatly expanded the definition of "socialism" to include any and all kinds of income redistribution that works for the benefit of those roughly at or below median income. To broadly paraphrase one of their heroes, Adam Smith, the richer people among them say nothing of their own gains; they complain only of those of other people.
Any time any public entity, whether a local hospital district or the federal government, makes any decision about taxation and/or appropriates money for anything, income is redistributed. It's a question of to whom.
What Americans have seen for about 35 years, more rapidly at times but always steadily, has been socialism for the rich, certainly by the "broader" definition of the right. A federal tax structure that was once progressive, and remains so on paper in some senses with the retention of brackets, has been gradually rendered impotent by the fine scalpel of legislators and tax lawyers. Most corporations now pay little if any income tax, and the very wealthy have myriad shelters with which they happily dodge responsibility for upkeep of the infrastructure, or even for bankrolling the latest war meant to increase their profits.
Socialism for the rich
As for socialism for the rich, I won't even go into corporate welfare, intrinsic advantages of the rich in the legal system, the system of legal bribery we call campaign finance, etc. I'm just sticking with their definition -- redistribution of income. The distribution of wealth is more unequal than it has been since 1929. (Remember what happened that year?) And this hasn't happened by accident. The '80s supply-side economists led by Arthur Laffer and David Stockman were quite above board in their intention to favor corporations and the rich in taxation, in the apparent belief that such policy would spur investment, create jobs, actually increase tax revenue, and result in "trickle-down."
For the most part, with some interruptions during the Clinton administration, the program of socialism for the rich was put over, and with accompanying indoctrination against anything faintly liberal or progressive. The New Deal was ancient history; and in the minds of many, the opportunistic right succeeded in perversely melding it with the failure of Soviet socialism, or with anything that strayed in the very least from a laissez-faire, supply-side party line.
I stopped being a fan of Ralph Nader after he ensured the presidency for an apocalyptic buffoon like George W. Bush. But Nader said something on a debate show that has stuck with me since: "They (the big corporations) want to socialize their losses and privatize their profits." Never was anything truer said.
Obama, though merely bringing a rather mild bourgeois liberalism back to the table, faces the wrath of fools conned by this right-wing economic nonsense, and the venom of those who would use ignorant "fellow travelers" of the far right to stay in control of the wheel.
But, with two days left until the deciding moment, history appears to be tilting toward Obama. Americans have had 28 years to endure "upscale" socialism. Many who don't listen to frothing-at-the-mouth rhetoric know firsthand what such policies have done to them. Indications are that a large turnout of such folks will hugely favor Obama.
Here's a link that shines more light on the subject. There aren't many real socialists left in America, but here's what their presidential candidate thinks about Obama. And, here's one more from the MSM, its own nasty self.
Manifesto Joe is an underground writer living in Texas. Check out his blog at Manifesto Joe's Texas Blues.
2 hours ago