The progressives surrender to the plutocracy

Over the weekend Matt Stoller gave a blistering interview on the Jimmy Dore show blasting Bernie Sanders and other so-called progressive Democrats for voting for the so-called coronavirus economic stimulus bill.

In reality, it is a corporate bailout which gives only token assistance to ordinary Americans.  He went on to talk about the failure of the Democratic Party and the progressive movement to resist the plutocracy and the failure of the American political system as a whole.

The two of them had a lot to say that I haven’t seen or heard elsewhere.

The whole interview runs 42 minutes, which is long.  I strongly recommend you watch at least the first 10 or 15 minutes.  You may find Stoller’s impassioned, but well-informed, rant so compelling you will watch the whole thing.

Matt Stoller is a former analyst for the Senate budget committee, a fellow of something called the Open Markets Institute and author of a new book, GOLIATH: the 100-year war between monopoly power and democracy.  He has a deep understanding of economics and the legislative process.

Jimmy Dore is a stand-up comedian with no special expertise, but a willingness to make up his own mind about issues.  He ignores consensus opinion and points out obvious facts that the consensus opinion ignores.

Stoller is right to criticize the cult of personality that has grown up around Sanders.  I don’t think he gives Sanders enough credit for the movement he helped inspire, but I do think he is right to say that Sanders has been more interesting in gaining acceptance for himself and his ideas than wielding political power himself.

And I also think he is right about not pinning hopes on charismatic leaders.

Stollar thinks the Democratic Party is un-reformable as is the Republican Party.   But American election law is structured to discourage new political parties and, in any case, the greens, libertarians and other minor parties don’t have mass followings.

The only remaining option is to build a progressive movement, uniting grass-roots labor, community and civil rights groups, that will be so powerful that Democrats and Republicans will be forced to heed it.

But this could be the work of a generation, and the economic crisis, the climate crisis and the danger of nuclear war are already upon us.

So the outlook is grim.  But the future is unknowable and despair is a self-fulfilling prophecy.

As always, I invite comments, but I hope readers will watch the video before commenting.  What Matt Stoller and Jimmy Dore had to say is more interesting than my words.

LINKS

The Jimmy Dore Show – YouTube.

BIG by Matt Stoller.  His blog.

Bailouts for the Rich, the Virus for the Rest of Us by Rob Urie for Counterpunch.

The Coronavirus Stimulus Bill Is a $2 Trillion Slush Fund for Washington Cronies by Marshall Auerbach for the Independent Media Institute (via Naked Capitalism)

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: