No Pain, No change

A question to consider: If our leading political candidates for President refuse to challenge the culture of global, unregulated, free market corporatism, and the broken narrative used to justify it, just how much change do we think there is going to be?

Has wishful thinking deluded some voters into thinking “hope” and a silver tongue will be enough to achieve very difficult change for cheap? They are, I fear, sadly wrong. The level of change needed to honestly have a shot at mitigating global climate change, much less end poverty, provide better than average childcare to working families, or provide universal healthcare, or make our electrical system at least 3X more efficient, or manage demand across the board, will require a lot of very hard struggle with a lot of dirt, grime and sweat.

According to exit polls in New Hampshire, as per Frank Rich in today’s NY Times, 46% of the voters are looking for this level of change. They understand that incremental changes, or minor adjustments, to our current political narrative will not get the job done.

There will not be, there never has been, cheap and painless change on the scale required today. We need a new narrative that is honest with us that the change, from the old narrative to the new, is going to be painful. But we have a choice: Either we can choose the time and place of change and pain, or we can wait and let mother nature inflict it upon us. Which do you think is the wisest strategy?

Remember, in the Civil War, the Union only started to win when it chose the time, field of battle, and the high ground. Gettysburg is a prime example. Indeed, the positive and rewarding changes generated by the revolutionary war, WW I, over-coming the Great Depression, WW II, etc. have all required a great deal of sacrifice and pain. There was no pain free way to the better world these conflicts led to.

As athletes say, no pain, no gain. In politics: No pain, No change!

Too often the pursuit of power corrupts. The more power sought, the more corruption. And those who have now amassed great power and wealth will not give it up for cheap or for silver tongued hope. It is an illusion that serves their purposes to promote. It is their stubborn and determined resistance to change, at all most any cost, that makes the pain inevitable.

In the end, can our candidates tell us the truth? Are they willing to be “inconvenient” for the current failed narrative? Or must they use silver tongues, advertising, polling and politics as usual to pull the wool over the eyes and the critical thinking of the 46% of us who want a new narrative with serious and substantive change? If the old politics of the old narrative prevail, the hopes of young voters especially will be dashed. It will turn them into cynics. Not a good thing.

Note: I refuse to call global, unregulated, free market corporatism, “capitalism” because it bears so little resemblance, if any, to what Adam Smith believed in. And what Franklin, Washington et all embraced for our then new nation. Only Hamilton refused it. In hind sight, his victory in this dispute may be a real curse.

2 Responses to “No Pain, No change”

  1. Peter Kay on 15 Jan 2008 at 3:03 am

    Can you please be a little more specific on the harms done by the “culture of global, unregulated, free market corporatism” and what specific kind of change are you advocating?

    I don’t think there is a rational business leader today that would call today’s modern global commerce “unregulated” by any stretch.

    Nor would one say that global commerce is a free market.

    And what is “corporatism” in your definition?

    Your refusal of using common terms notwithstanding, a global unregulated free market capitalistic/corporatism system doesn’t exist, at least not in any substantial form.

    No?

  2. Jock Gill on 24 Jan 2008 at 6:35 pm

    Peter,

    I think George Soros answers your questions far better than I could.

    See: http://www.ft.com/cms/s/0/1a7af090-c956-11dc-9807-000077b07658.html

    The worst market crisis in 60 years
    By George Soros
    Published: January 23 2008 02:00 | Last updated: January 23 2008 02:00

    T he current financial crisis was precipitated by a bubble in the US housing market. In some ways it resembles other crises that have occurred since the end of the second world war at intervals ranging from four to 10 years.

    However, there is a profound difference: the current crisis marks the end of an era of credit expansion based on the dollar as the international reserve currency. The periodic crises were part of a larger boom-bust process. The current crisis is the culmination of a super-boom that has lasted for more than 60 years.

    Boom-bust processes usually revolve around credit and always involve a bias or misconception. This is usually a failure to recognise a reflexive, circular connection between the willingness to lend and the value of the collateral. Ease of credit generates demand that pushes up the value of property, which in turn increases the amount of credit available. A bubble starts when people buy houses in the expectation that they can refinance their mortgages at a profit. The recent US housing boom is a case in point. The 60-year super-boom is a more complicated case.

    — snip

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