Contributors

Tuesday, November 23, 2010

Are the Republicans are Turning Us into China?

For the past two years Republicans have been calling Obama a socialist and a communist, insisting that his policies will destroy the American economy. But if we look at the economies of the world today, who's doing the best?

Without a doubt, it's China. The country run by the Communist Party of Mao has a centralized command economy that has harnessed the capitalist plow horse under the socialist yoke. China has bought hundreds of billions of dollars worth of US Treasury bills, propping up the US economy. China dictates trade policy to the world, coming into their full power during the Bush administration.

So, how is this economic miracle possible? Well, the workers who build all those computers and TVs and iPads get paid dirt, and are treated like dirt. Unions are run by the Communist Party, which also runs management. China has essentially no environmental regulations: remember how they had to shut down all their factories for weeks to host the Olympics? They burn so much coal the skies over Beijing are a perpetual filthy brown. And, finally, American and European companies have turned their backs on their own workers, first shifting production to China and are now sending high-tech design centers to China. Companies like Walmart, with their insistence on constantly-decreased prices (and, incidentally, quality) have forced most of their American suppliers to produce their goods in China.

In other words, China has become what the United States and Britain were in the 1890s: a land where government and big business are one, and workers have no control over their own fates.

The old notions of communism and capitalism no longer make any sense. What matters now is how much control average people have over their own lives, and the quality of life (clean air, clean water, reasonable working hours, decent pay and housing, etc.).

China has reached the point where government has absorbed big business and the two have merged into one. The Republicans and their big business backers are doing the same thing from the other direction: big business is swallowing Republican politicians and therefore government, giving business a free hand to do whatever they please. Big business can spend unlimited amounts of cash to buy elections now; it doesn't always work (ask Meg Whitman), but in a close race it makes all the difference.

And it's not just me saying that this is what Republicans think: remember the heartfelt apology Joe Barton gave BP during the hearings about the Gulf oil spill? All the Republicans were saying the same thing he was, except he that he gushed as much as the oil well in his fawning over BP. And all throughout the election Republicans keep screaming about reducing regulations despite the fact that in the last nine years the lack of regulation and the lack of enforcement of existing regulations has resulted in some of the the largest financial and environmental calamities we've ever seen.

And don't get me wrong. Some Democrats have been co-opted by big business as well. They're too comfortable with Wall Street and Big Energy. But as a party and an ideology, the Democrats clearly want to maintain a healthy separation between government and big business, while the Republicans are running headlong into the government/big business/no regulation singularity.

The Republicans are leading us to the same place that China is today. Just from the other direction.

9 comments:

juris imprudent said...

Are the Republicans are Turning Us into China?

May I suggest a proof read before you slap this onto the website for all the world to see.

Yeah, wow, the Republicans, who haven't even gotten control of the House back (until January) are doing such terrible stuff.

Never mind that the Democrats have controlled the levers of govt these last two years.

GuardDuck said...

The old notions of communism and capitalism no longer make any sense. What matters now is how much control average people have over their own lives

So you agree with the Tea Party and want the government to stop telling people what to do, or are you only ok with people having control over their lives if they are doing what you want them to do?

Damn Teabaggers said...

...in the last nine years the lack of regulation and the lack of enforcement of existing regulations...

I know of several places where existing regulations weren't enforced. Obvious examples are the Gulf oil spill and the financial meltdown. Can you point out anything specific where something happened due to a needed regulation not existing at all?

You seem unable or unwilling to accept the fact that Democrats have spent the last 20 years arguing for exceptions to existing laws, and failing to enforce others anytime they become politically inconvenient. Again, obvious examples are the Gulf oil spill and the financial meltdown.

For that matter, how long was Obama in office before his number of days in office exceeded the number of waivers he granted to his "no lobbyists in my Administration" EO?

Democrats clearly want to maintain a healthy separation between government and big business...

I call bullshit. The Democrats are a wholly owned subsidiary of George Soros, Goldman-Sachs and the SEIU, and you know it as well as I do.

juris imprudent said...

in the last nine years the lack of regulation and the lack of enforcement of existing regulations

Oh, that reminds me. The mess in Ireland:

"The continued downward pressure on the market value of Ireland’s debt was causing balance sheet issues for these banks. Many of Europe’s banks had written credit default swaps on Irish debt, which was draining cash."

Oops! You mean that paradise of regulated capitalism - Europe - had banks executing the same financial transactions as in the wild west U.S.?

"Which means that this is not so much a bailout of Ireland—it’s a bailout of Ireland’s counterparties. That is to say, it’s a bit like Europe’s version of AIG: a backdoor bailout of invisible financial players who failed to manage their exposure to a shaky borrower."

That my dimwitted friends is a reminder that it is the STATE that has the greater power in this equation - bailing out it's favored businesses. Just in case anyone was going to rant about the evils of corporate power again.

last in line said...

Like every other country, China has problems...many of which aren’t reflected in its GDP growth rates and since it lacks democracy, a free press, and the rule of law, we can’t know what all of the problems are until they explode (and neither can the Chinese).

Saying China is doing the best misses a pretty big point. Economic “competitiveness” is a con. It assumes that when other countries prosper, America loses. Doesn't work like that. If the average Chinese worker were as rich as the average Ukranian worker, it would be an economic windfall for the United States. Conversely, if China’s economy imploded tomorrow, we would “gain” competitively but suffer economically. The cult of competitiveness is just gobbility-gook used to justify the ambitions of central economic planners and we know that the world’s centrally planned economies often feed off American innovation to survive.

In the late 80's, everyone thought Japan was going to seize economic center stage in the world. Those writings seem pretty stupid now don't they? The Left does love to press its nose against the window of the world and talk about how things are better “over there" and right now, the prettiest flower is China (so they think).

Like Juris said, Republicans haven't been in power for several years. Like Mark, seems like some other blog contributor here really, really needs someone to blame for what they see going on in our country.

Mark Ward said...

The GOP hasn't been in power for just under two years. I wouldn't define that as "several." I know it's fun to think that the Democrats ran things from 2007-2009 but a guy named Bush was still in the White House so they didn't really do much.

And they've spent 2009 and 2010 trying to clean up a mess that was created by the GOP. Sometimes I wonder if it was on purpose--to give the government a permanently black eye and push people into believing that corporations will solve all their problems.

That big windfall of cash is just around the corner if they only contribute to the wealthy, right?

GuardDuck said...

I know it's fun to think that the Democrats ran things from 2007-2009 but a guy named Bush was still in the White House so they didn't really do much.

Oh please Mark, you can't really be that stupid. I have to assume you have been exposed to some sort of civics education at some point in high school or college. Try to think back upon that and enlighten all of us how the one guy who doesn't control the checkbook runs things.

Damn Teabaggers said...

So let me get this straight... the Democrats aren't running things unless they control both houses of Congress and the Presidency, so they can't be held to blame.

But if the Republicans hold even one of those 3 they're running things and "we'll see how they do when it comes to actually governing."

Oooookay...

last in line said...

Funny how that works on here DT...