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“Trickled On” Economics
One thing about an election year, particularly this one, is that it reveals the fallacy that humanity has somehow emerged from “mere animal conditions.” We may have comfortable homes, climate-control, exo-skeletons (known as automobiles) to allow us to move about rapidly and move objects many times our own weight, etc. But beavers, ants, and foxes have these things. One thing that humans have the capacity for, if they strive to use it, is being able to see life from another’s viewpoint – we have the capacity for compassion. If anything would allow us to rise from a “mere animal condition,” it is this compassion. But under the capitalist model, currently the dominant paradigm in the world, the priority is put on expropriating land and labor in order for a small group to accumulate wealth they did not produce. In our deluded national narrative, these people are said to be “job creators.” In fact, their access to wealth and power has allowed them to create a sort of neo-feudal system that can be aptly called, “Trickled-On Economics.”
In this dominant paradigm headed by Big Capital, compassion is highly discouraged. There is a tendency among the politicians, managers, and overseers of capitalist institutions to live like there is no tomorrow and pretend like there was no yesterday. After all, the working class – those who actually produce wealth – can be depended upon for a source of insurance in the event the gaming schemes of Big Capital fail. This attitude of borrow now (“leverage” if you are rich), worry later, unlike the wealth itself, has trickled down, or should I say “trickled on” the general public.
The so-called “debt crisis” currently providing rationale for cutting social programs was created by capitalists manipulating the housing and financial markets for short-term profit, a scheme that crashed the global economy. While they were doing that, working class people struggled with a steady decline in income resulting from off-shoring American manufacturing, union sell-outs, and outright union-busting. To make up for this decline, they were handed credit cards, deregulated during the Reagan years, and usurious lending became the order of the day. In addition, instead of providing education for its citizens as some social welfare states of western and northern Europe have done, the student loan industry was created, with student loan giant Sallie Mae becoming a for-profit corporation by 1995. As if this was not enough (it never is), for-profit health care, starring Big Pharma, has become ensconced in Congress, K-Street, and Wall Street. Also, moving in from the desert is a dust devil known as the for-profit prison system. Examples of profiteering from others’ misfortune, or indeed manufacturing misfortune for profit, (note: I do not even broach the war profiteering game in this essay), has no limit in the capitalist paradigm.
With the declining share of wealth enjoyed by the working class, it was logically reasoned that higher education was a way out of mind-numbing, dead-end jobs and into a better life. Both federally-insured and private loans for education skyrocketed. For some, this better life came to pass, for others it became a trap and in some cases a death-trap. Student loans do not have bankruptcy protection, and the collection agency can seize your home, your social security, your disability income – pretty much anything they want to seize. There are numerous horror stories out there, including many suicides. Indeed, as Alan Collinge has written in his book The Student Loan Scam, defaulted loans are more lucrative than those not in default because assets can be seized.
Credit card debt, which now ranks behind student loans in consumer debt as of the summer of 2010, is the result of falling wages and job loss. By 2012, there were well over a half billion credit cards in use in the U.S. alone. That is double the total population of the country. Bankruptcies were down in 2011; with a mere 1.37 million filings in the U.S. (it was 1.55 in 2010). Many bankruptcies were brought about by medical bills contracted in a system that preys on the sick.
A compassionate set of policies that would address these issues would not include taking billions of dollars in tax revenue from the working class and handing it over to Wall Street bankers to cover their failed schemes and scams as has been done more than once since 2008. In this paradigm of the Bean-counter, we can hand $700 billion at a pop over to criminals in suits, but we cannot help struggling college graduates or families stranded without gainful employment.
It is not hard to see that the issue is systemic. Capitalism has no built-in moral code other than maximizing profits. Whatever morality exists is brought to the table by individuals, but the system itself does not reward compassion; indeed, ruthlessness and cruelty are central features of the game. Capital has been engaged in a long-term struggle to deprive people of access to the resources they need to build a good life for themselves. It creates an environment that allows a small group or even one person to live extremely well on the backs of those whose access to resources they control. Once people become separated from the resources that they need to live, they must re-acquire them on terms favorable to the capitalist. In some cases, the result is modern-day slavery. The separation of people from the resource base is a central theme in the human history of the world and at the heart of our systemic problem today.
This system has led to the abuse of the non-human resources, as well. Humans and their resources are, ultimately, not separate at all. Labor is the interaction of humans with the non-human world and the results are often very beautiful, profound, poignant, moving, powerful, and on and on – in a word: art. Forcing human beings to interact with resources on terms favorable to the Capitalist is hardly emerging from “mere animal conditions.” It results in environmental degradation of both human and non-human. Degrading and dangerous sweatshops, mines, oil rigs, etc., have increased because of deregulation and defunding of safety oversight. Environmental oversight has been rolled back, defunded, or ignored. These underscore the systemic nature of the dual expropriation of labor and resources for the sake of the wealth accumulation of a very few.
From mountain-top mining to clear-cutting rainforests, the systemic unsustainable use of resources creates an oppositional relationship between humans and their environment. “Man vs. Nature” is a conflict drilled into our heads from an early age, but it is this term “Versus” that needs to be questioned and studied. A political economic system in which compassion features predominately would institutionalize such introspection. We have examples from our past. Agriculture, for instance, traditionally employed the concept of “husbandry.” Farms were once places where abundance was possible for all species involved and sustaining this human and non-human natural order was the priority. Under capitalism, agriculture has industrialized and cold, hard numbers dominate decision-making processes.
Under a more humane system, labor would be an extension of the production of nature; indeed, human labor is an expression of nature. But its usurpation by a few is like the felling of the forests, the leveling of mountains, the making of war, or the building of sweatshops: we trade our humanity – our compassion – for the sake of accumulation by an ambitious and even sociopathic few. If we are serious about emerging from a “mere animal condition,” we need to “think outside the box,” and box is the capitalist paradigm.
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10 Comments so far
Show AllExcellent article. Earlier today I used the same metaphor, that elites were using it all up as if there was no tomorrow... so it's interesting to see Mr. Harvey tap into the same universal message. The only difference I have with his essay is found in this sentence:
"we trade our humanity – our compassion – for the sake of accumulation by an ambitious and even sociopathic few."
The presumption implicit to this statement is that the ubiquitous "WE" under consideration is credited with holding consent for this set-up.
Just as the majority of children (born into specific families) rarely questions the religious beliefs of their elders, most citizens in America don't question the economic, social, or political systems they've been "born" into. Quite a few people take existing conditions for inevitable norms. We hear adages like "The rich always get richer," and for many, that adage puts any possible deviation from that manmade (as opposed to something inviolate, and based on universal law) arrangement to sleep.
The "we" frame is neither conscious nor cognizant of all that's leveraged against its sovereignty on more than fiscal levels. Still, because elites of late have fallen slave to their insatiable greed and sought to tighten the pie throughout Europe and here in The Homeland, many ARE waking from a long slumber. Just as millions of ants can demolish whatever stands in their way, it is this rousing of the 99% that will shake down the foundations that enforced the enslavement of so many, so unapologetically.
WE does not speak across the board, as there are very real differences in that which motivates the 1%, versus what motivates much of the rest. Granted, amid that 99% there are still large numbers unconscious of their exploitation, or which sources are most to blame. Also, there are the uniformed guards who still receive their paychecks in exchange for defending the status quo and its chief title-holders. Therefore, even the 99% cannot be described with one over-riding WE framework.
"Quite a few people take existing conditions for inevitable norms."
We're told to leave the rules of the game for others to decide, so we can focus on just playing the game. We don't mind. We still have our dignity, by our white skin. We're star athletes. Quarterbacks. We have coaches, cheerleaders, press, referees, fans. It's uncomfortable to think about the rules. How can the fun continue if we stop to debate the rules? We'd have to retrain, all of us. We may lose our jobs altogether. Better to go with the flow. Enjoy the game. We're Merkans. Merkans don't think too much. We're too busy doing things.
Thanks, Doug. Great essay. Only thing I would change is 'trickle on.' It could be more aptly be described as 'tinkle on.' Right now the wohle country is being 'tinkled on', more so than ever before. However, a turning point is fast becoming a reality and when the corner is turned completely it will not be pretty. During the Great Depression many of the greedy so and sos went to their maker via sky diving without a parashute. I wonder if anyone felt compassion for them. Karen Anderson (religious historian) explains compassion as 'walking in another's shoes. I find it difficult to feel compassion for the compassionless.
Harper Lee describes it as what the world looks like from another's porch.
or
You never really understand a person until you consider things from his point of view . . . until you climb into his skin and walk around in it.
The second one seems a bit trickier.
TKAM is far from being great literature, but it ought to be required reading, and the 1% should be beaten over the head with it till they shed their reptile hides and become human.
Ronald Reagan's trickle down economics became obscene golden shower economics with the superrich pissing on the poor from their penthouse balconies, just like US soldiers piss on the bodies of dead Afghans.
Terrific piece and terrific comments. For an essay which comes to similar conclusions and offers a potential solution, I suggest Bob Hinkley's Time to Change Corporations: Closing the Citizenship Gap. It's available on amazon.com at :
http://www.amazon.com/Time-Change-Corporations-Closing-Citizenship/dp/1463776519/ref=sr_1_1?ie=UTF8&qid=1327605724&sr=8-1
==One thing that humans have the capacity for, if they strive to use it, is being able to see life from another’s viewpoint – we have the capacity for compassion. If anything would allow us to rise from a “mere animal condition,” it is this compassion.==
More anthropocentric bullshit. Where does CD find these people? Peep shows?
Trylon
Excellent article... I enjoyed reading this very much...
In the same vein, read Capitalism Snuffs out the Age of Enlightenment's Candle by John Kozy.
A criminal mob took over. It's not the first time this has happened in history, but it's certain they've done a bang up thorough job of installing their pirates this time. It's not likely to end very prettily, for them ...
The people of the future are part of the equation, too!
We're living in luxury compared to the rest of history!
Paved roads, indoor plumbing, modern heating & air,
quality control of food & water, planes/trains/autos,
1000 types of entertainment, tons of leisure time,
cheap ready-made clothing, cheap oil does all the work,
etc etc. How greedy are we gonna get??
We need to control population by stopping the suppression
of influenza, malaria and tuberculosis, out of respect for
future generations!