Labyrinth post=18.71728.748885 said:
SNIP
Oh gosh, oh horror, a shot at my age. However will I survive. Patronising aside, I'd like to make the clear point that I have never believed humanity perfect enough to support any sort of utopian Marxism, outside of say, a convant, but that's another issue entirely.
Of course no-one wants shitty jobs, that is why we progressed beyond primary industry in the first place. With overproduction of food came the chance for some to sit and ponder. For the most part, it was downhill from there. Unless we're willing to put up some sort of Brave New World-esque society and biological conditioning, this will remain the case as well. And frankly, fuck that.
Capitalism itself is far from the holy grail. Being based around consumption and greed, it has natural failings built in, and just look at the 'market' crisis if you want proof of that. As soon as you start promotion gross profit as the be-all and end-all, you're fucking up. It's in part why industrial relations are such a big issue, along with worker exploitation, resource exploitation, over production of goods leading to collapse.. the list goes on.
Personally I know I'd be unfit for any sort of Marxist society. Which is why I lean more towards what is termed "Bolivarian Socialism", a form of very liberal socialism based around communities as a whole.
But I feel I have digressed. I wish to restate, Obama is not Marxist. He is a capitalist. Any more argument on this?
I think Obama, like most modern Democrat politicians, is at heart a capitalist for himself and a socialist for others. He takes pains to shelter his own income from taxes like any good capitalist whilst proposing taking more of other people's wealth for redistribution like any good socialist - not unlike most of our politicians. Obama does use Marxist language more than most Democrat politicians - for instance, just today I heard him say that the Republicans "give more and more to the richest and hope that prosperity trickles down". Bush cut tax rates; the only way that reducing tax rates can be seen as a gift is if all income belongs first to government, to distribute as it sees fit. You don't get any more Marxist than that, which is why people call him a Marxist.
I think capitalism is very close to the be-all and end-all. Workers can't be exploited in a pure capitalistic society for the simple reason that each worker's job skills and work ethic are evaluated by every potential employer - it is only when government looms up to set wages that workers can be exploited (meaning that workers are paid less than they are worth.) Resource exploitation is indeed a problem with capitalism, which is why I would not want to live in a purely capitalistic society (although I would much prefer it to living under Marxism.)
Incidentally the US market crash is only partially caused by capitalism. In '78 and '94, Congress passed laws requiring banks to make more home loans to people who can't qualify for home loans, including throwing out such old-fashioned metrics as credit history and verifying income. Andrew Cuomo in particular, in '99 when he was head of HUD under Clinton (and later under Bush), required the GSEs (Government Sponsored Enterprises) Fannie Mae and Freddie Mac to boost their sub-prime loans to 50% (up from 42%) of their portfolios. By creating a demand for sub-prime loans, this encouraged banks to make loans that a prudent loaner would never make, because the bulk of home loans are sold by the bank to large mortgage holders and the two largest, Fannie Mae and Freddie Mac, were buying sub-prime mortgages at a handy profit to meet their HUD mandates. Thus the housing market crash, spun by the Democrats as a lack of regulation on the free market, actually resulted purely from government requirements upon government-sponsored entities. This led to huge profits for banks offering lots of sub-prime mortgages, which led to competition among lenders which led to such absurdities as balloon mortgages (payments interest or less for some number of years followed by a single balloon payment) and 125% loans (meaning you buy a $100,000 home and the lender loans you $125,000 to buy it.) Thus the housing market crash is entirely a function of government policy not reflecting reality. That it is taking down our financial markets beyond mortgage lenders you can blame on capitalism - hedge funds and investment houses bought up derivative funds because of the huge profits, evidently assuming either that the house of cards could be built infinitely large OR that the government would bail them out.
When Cuomo raised the HUD percentage of low/moderate income lenders (those who can't afford a conventional mortgage, usually called the subprime market.)
http://www.usmayors.org/USCM/us_mayor_newspaper/documents/08_16_99/usm_0816199913.HTM
By the way, the one name I see associated with Bolivarian Socialism is Hugo Chavez. So I suppose Utopia on Earth is here now?