The most important division in American society is not between Republicans and Democrats. It’s within the Democratic Party itself.
As an indication of what I’m talking about, I think about an episode of the program Peaky Blinders. In that episode the hero Thomas Shelby’s sister’s boyfriend is a communist, and the hero has to figure out how to keep him alive. When the subject comes up with the police, the answer is “Normally we don’t have to worry about those people. They’re so busy killing each other that they’re just not a problem.”
The Republicans can say amen to that for our tamer version of the left:
We’re still living down “defund the police”
We’ve had an endless supply of articles about how privileged, racist whites just have to get used to taking a well-deserved hit, including for education.
Virtually any statement made about “neo-liberals” is a whitewashing of Republican failures so that chosen Democrats can be blamed instead. One hopes George W. Bush is duly grateful.
We had a chance to pass a Biden agenda, but the Democratic Party spent so much time posturing and pretending that Manchin and Sinema didn’t exist that when they finally got around to voting it was too late–inflation was THE issue and it was easy for Manchin to hide. The left wing of the party is gleefully blaming Biden, without any alternative policy or blame for Republicans.
Democrats are actually fighting over whether Biden will be the nominee in 2024—when the real issue is the 2022 midterm election. The only result of this fight is weaking the remaining days of the Biden administration and undermining the Democrats’ message for 2022.
With friends like this who needs enemies. As in the Peaky Blinders quote, they hate each other so much that it trumps any desire to do anything good for anybody. It’s hard even to count the self-inflicted wounds.
Just think about it. That Democrats can do anything good at all—given this nonsense—means that they could perhaps do something really big if they could get organized and stop the knife stabbing. If they stopped providing amunition to Republicans, they might just be able bridge the other divisions we hear so much about.
Clarence and Ginni Thomas are running the country now.
This was a genuine coup engineered by the Koch organization–creator and manager of the Federalist Society, the source for all our conservative Supreme Court justices. Read Dark Money. Check Wikipedia for recent Federalist manager Leonard Leo. This takeover was always the target.
There are a few others to call out for their contributions. Anthony Kennedy who knowingly capitulated to exactly this. Mitch McConnell of course. And Ruth Bader Ginsburg who couldn’t put aside her ego for the good of the country when Obama asked.
Finally and most fundamentally the founding fathers who made a disastrous mistake: the undemocratic organization charged with enforcing the Constitution has the unchallengeable power to make of the Constitution anything that it wants. That’s what this rogue Court is doing.
As Thomas indicated, they’re just getting started. The Koch project is to return the US to a nineteenth century level of government subservience to business: minimal taxes on corporations and rich people, no services, no personal rights, no regulation, no unions, no checks on business behavior - paradise. If we haven’t lost Medicare and Social Security yet it’s because that’s inconvenient for the next election. After a few more years of voting restritions they won’t have to care. We’ll have a country where the welfare of the population is simply out of the equation.
Unless Biden can do something about the Court–hardly a likely prospect–the United States of America as we knew it is no more.
After the latest outrage of gun violence in Texas, the newspapers are full of articles about guns. However when people talk about Republicans and the gun lobby they tend to get things backwards. The gun lobby sounds like a rather limited thing, maybe financed by the manufacturers. It’s sort of odd the power they exercise over the Republican Party.
Not so odd. The reason guns are untouchable in this country is that guns are a potent identity issue used by the Kochs and the Mercers and the Thiels and the mainline Republicans to put money in their pockets. It’s core Republican money driving the gun lobby, not the other way around. That’s why there’s so much of it. The only legislative achievement of the Trump years was the monumental tax cut for the rich. Bought by guns.
Thirty years ago we didn’t have this problem with hysteria around gun ownership. It was recognized that there was a need for gun control, and there was no notion of evil liberals just looking for a chance to take away all your guns. The sense of grievance around guns was deliberately created as a means to a financial end with the active assistance Murdoch and Fox News. Why is the Supreme Court also supporting this stuff? Well all of the so-called conservatives on the Court come from the Federalist Society—which was created and managed by the Koch Organization (an indisputable fact).
Guns are money. That’s the only real story. It will continue as long as we let them get away with it. (As for what to do about it, there’s an old piece here that’s still relevant.)
Inflation is—by common agreement—the primary issue faced by American voters today. However when you ask people what’s causing inflation, things are quickly not so clear.
Republicans will say immediately say that it’s all due to overspending by the profligate Democrats. Democrats will talk about worldwide trends that are beyond the scope of what the Biden administration can control. In neither case do you turn the important issue of inflation into useful steps going forward. That needs to be done, and we give it a shot here. The result may be a little different than expected.
First of all inflation necessarily involves both supply and demand, and both are clearly in play here. The Democrats’ desire to keep people whole at the end of the pandemic did put extra money in the hands of consumers., and that extra money was chasing a limited supply of available products and services. But it also turned out that as the pandemic eased, we became conscious of all kinds of production bottlenecks that people hadn’t anticipated. Some of those bottlenecks have gotten a lot of press, integrated circuits required for production of new cars for example. Other bottlenecks involved consequences of Covid, such as the breakdown of daycare systems.
The Covid payments certainly had an initial effect. However at this late date, when any Covid benefits are long-gone, the continuing pervasiveness of bottlenecks has got to be viewed as the major issue. Car prices for example represent a third of measured inflation. What are we to make of bottlenecks persisting even now? (Gas and food prices are now directly tied to the Ukraine war, so they are their own story.)
The most prevalent reaction has been xenophobia. We’ve got problems because we’ve let ourselves get too dependent on the Chinese. Bring it all home and we’ll be fine. That sounds nice, and we certainly do have continuing problems with Chinese sources, because of their zero-Covid policies today.
But that conclusion is actually wrong. We give two examples. One example we’ve given before: the single worst problem during the first stage of the Covid crisis was a lack of testing equipment—because the American manufacturer with a CDC contract to produce the tests had decided they could make more money doing something else. The second example is active today—the baby formula crisis. Consolidation in the industry was such that a single vendor’s contaminated equipment led to a massive shortfall in supply. Without rules of fair play “our people” aren’t necessarily going to be so much better than the Chinese. Furthermore the idea that we are somehow going to deliver the best of everything available worldwide to our own businesses is manifestly false.
There are two simple facts to be acknowledged:
1. Unbridled capitalism is simply NOT robust. Consolidations, monopolies, and risk-blindness are private sector facts of life. Even Adam Smith understood that.
There is no substitute for solving both of these problems. We give examples for each:
1. The SEC has got to do a better job of making companies confront risk. Climate change is a good example where work is underway. Anti-trust activities are also clearly relevant. Then there is the need to limit the power of the consolidated financial sector over the companies they own. It is established fact that companies today invest less and return more of their profits to their investors—which directly affects robustness. What all of this comes down to is that today’s inflation is another example of the dangers of unfounded faith in a deregulated private sector.
2. The world needs a working system of international trade so that international corporations can be transparent and effective. The Biden administration’s work on international taxation is an important step. Turning todays moribund WTO into an effective organization is another necessary goal.
It is most important that we stop using inflation as just one more excuse to search for scapegoats. Even in the near term, we should be looking for more, not less, cooperation with China, as the bottlenecks hurt both countries. And in the longer term, there really are lessons from today’s inflation that can make the world a better place for us and everyone else.
At least half of these deaths were due to deliberate misinformation from political interests calling the whole pandemic a left-wing plot. For month after month the most popular story in the Wall Street Journal was the latest reason why there was really nothing going on: it was just like normal flu; it was worst in New York because it was only in disgusting cities full of disgusting people.
Everyone in the country suffered, including very many who bought into the party line because they thought the propagandists were on their side. Since vaccines were coming, deaths delayed could be deaths avoided. What’s worse, almost of half the people who died were unvaccinated when they could have been, convinced by the arguments of people like the Fox hosts-who were actually vaccinated for themselves.
This Covid story is unfortunately typical of what’s happening in this country. The “populists” are the Kochs and the Mercers and the Thiels—people with the money to fill newspapers with issues they don’t care about (abortion, guns) so they can ride them all the way to the bank. The only major piece of legislation passed in the Trump years was the monumental tax cut for the rich. As with Covid, the supporters drawn in with identity issues are the ones who will suffer—in jobs, healthcare, education, climate, you name it.
Taking this one step further, it is worth noting that the damage with Covid was not from action but from inaction. Most of the endless discussions of our fractured political system are missing the point. The country is ungovernable because they want it that way. If government can’t act, the powers that be are running things. As Steve Bannon put it, all we need to do is create chaos.
This story isn’t complicated, just lost in the cacophony of bought media.
There have been many articles about how the plans to provide US natural gas to Europe will undermine progress on climate. This is a false conflict between climate progress and support to Ukraine.
First of all there is a timeframe difference. What matters for Ukraine is a show of Western resolve now. Even a year from now the situation in Ukraine will hopefully be different. It’s going to take at least that long for much to happen with natural gas terminals here or elsewhere. There is no reason to undermine the support for Ukraine now.
Second the argument that anything we build will be used for years afterwards—however frequently it is made—is wrong. Terminals will be used as long as there is demand for their capacity. If Europe, for whatever reason, weans itself off natural gas, then those terminals will not be used even if we want them to be.
Third the gas to be provided by the agreement is both insufficient and expensive. We would only be providing one third of the current demand and the pricing is expected to be twice what is currently paid. The agreement in fact provides a very strong incentive for the Europeans to get themselves off natural gas.
People who fight this agreement on climate grounds are doing no cause a favor.
It seems to me more important than ever that we think about real scenarios for dealing with climate change. There’s so much religion here that we can be missing the boat. I’m going to take an extreme position in this piece, both because I think it should be on the table and because I think it’s more likely than a lot of what is taken for granted.
I believe that fusion is going to work and be deployable in about the next ten years. We’re going to know quite soon where that stands. Both the Commonwealth Fusion people and Helion (among others) plan to generate net positive energy by 2025. There are also regularly new developments: more powerful magnets, longer plasma retension times, higher energies attained, even AI-based methods for controlling stability of reactor plasmas. Higher temperature superconductors have been game-changers. It is time to be serious about fusion.
The consequence is that we are entering (in the relatively near term) into an era not of energy scarcity but of energy abundance. That’s not just a matter of fusion—solar, wind, and better in-network storage also contribute—but fusion represents real abundance. That’s a different mindset with different conclusions than most of what gets discussed. I’ve argued earlier that it’s the proper mindset for the long-term, because it is the only serious way to address our worldwide problems. The difference is that progress in fusion has been such that we can move that indefinite future to the nearer term.
With that point of view, we can view the response to climate change as two distinct issues:
– Keeping things from getting too bad in the interim while the new energy sources get up to speed.
– Deploying abundant energy to combat climate change.
It’s important to look at the second issue first, because the first (assuming we can solve it) is temporary. The architecture for the second issue is relatively straightforward. We’re going to have generation stations of significant size with high-capacity interconnection for distribution to users. Electricity will be the basic form in which energy is delivered, but we’re going to have to deal with significant applications (industrial processes, air travel) where electricity itself is not the answer. For such applications we’ll need ways to convert electricity to other forms of energy. That may involve using electricity to make hydrogen or using electricity to achieve climate neutrality by pulling carbon dioxide out of the atmosphere for synthetic fuels. (It’s interesting that carbon capture has value even without large-scale CO2 storage.)
The most important conclusion is straightforward: we’re going to have to vastly increase and improve the facilities to generate and distribute electricity! That is job number one and the most essential thing to be spending money on. Existing technology will contribute to but not solve that problem. We also need to figure out how to move everything that isn’t currently electric onto that network. Note that ultimately it is much less important how efficiently we use electricity than that electricity is what’s used. We’re not getting rid of air conditioners, and we’re not making sure that every electric hot water heater has a heat pump.
As to how we’re going to survive until then, the most important message is that survival means focusing on heavy hitters. It is not the case that every little bit helps. I’ve given this chart before for energy use in the US:
The key sectors are transportation, industrial, and electric power—not residential. Electric cars are clearly an important contributing technology, but even they are only an infrastructure investment until the underlying power plants are converted.
For the rest of the world, the corresponding charts can be quite different, often tilted toward industrial uses. Focusing exclusively on the US distorts the issue. We have to get world CO2 emissions down overall, regardless of where it comes from. This is not a question of “every country needs to do its part”. It’s a question of the most effective way to get the CO2 total down fast.
We have to think about where all the sources are and how to get at them. Carbon pricing schemes such as CCL are particularly helpful because of their wide impact. In this country a simple calculation tells you that the current annual subsidy to fossil fuel interests is about a trillion dollars, so we’re a long way from a rational economy. Putting solar panels on suburban roof tops—however useful—is not commensurate with the problem. Furthermore, as the following chart indicates, we rich countries need to get used to the idea of helping the others in a big way or the job will never get done!
As the latest IPCC report (2/28/2022) put it: “Rich governments must quickly and dramatically scale up the level of adaptation finance for low-income countries.”
Or else—there’s no getting around it—we’ll end up stuck with geoengineering and hope for the best. Simply stated (for those who haven’t heard) geoengineering delays global warming by filling the atmosphere with chemicals that put the whole world in shade. That can stop most (but not all) aspects of climate change, but with many known and unknown risks.
It’s hard to come to a proper judgment of geoengineering. On one hand, it’s exceedingly scary to start messing with the whole world’s atmosphere, but on the other hand we don’t yet have all the technologies we need and we’ve been slow to deploy the ones we do have, so we may well need to be buying time. One can argue that geoengineering reduces the motivation for alternative energy progress, but that work today seems to have its own motivation. So in the end there is nothing immoral about geoengineering, and we may have to use it. But given the risks and the fact that all that extra CO2 has to come out before we can quit, we had better do as little of it as possible. (These systems require regular replenishing, so turning them off isn’t a big issue; getting rid of the extra carbon dioxide is.)
You might wonder at this point why we brought up geoenginerring instead of the much-discussed topic of carbon capture? There’s a good reason. Despite all of the publicity around it, there’s no near-term silver bullet with carbon capture. For the yearly CO2 production in the US we would need huge infrastructure of processing plants full of giant fans—a multi-trillion dollar project using enormous amounts of energy to build and run it. And that’s before you even start to talk about where to put the output. The main reason carbon capture has such prominence is that it plays to the fossil fuel companies’ delaying tactics—if we can get rid of the carbon dioxide later, why worry about creating it now? Carbon capture is a project of energy abundance, AFTER we have somehow managed to survive. Going forward, unburning everything you burn is only sensible in particular application areas (e.g. air travel) where there is nothing else to be done.
Climate change unavoidably means a huge, expensive project—which is why it is important to be clear about what we’re doing. As general principles, conservation for conservation’s sake is wrong, a focus on local issues is wrong, and an exclusive focus on current technology is wrong. What’s right is to recognize that the future requires an electrical infrastructure capable of driving everything and that in the near-term we have to avoid distractions and focus on heavy hitters—worldwide—to keep from going over the edge. Near-term and long-term projects are not necessarily the same. Finally we should realize that despite our current concerns, we are actually moving toward a period of abundant energy with enormous benefits for all—if we can stop fighting over the pieces of a pie that will become much bigger.
As an analogy I remember the early days of voice over IP networks, where the whole focus was how we would ever meet the realtime performance needs of speech. It wasn’t so many years later that those same networks were handling realtime video to hundreds of millions of people worldwide—and voice was an almost invisible blip. That’s the kind of transformation we’re talking about. Limitless clean energy will change the world.
The dangers in Ukraine are enough to make one wonder about the current world order. We’d like to believe that it’s beyond the pale for one country to invade and take over another on the flimsiest of pretexts. Despite some current rhetoric, Crimea was not that: it had been an essential part of the Russian military infrastructure for centuries. Ukraine is different—what does it mean?
Regardless of how the Ukraine affair ends, the change it signifies is enormous. In the wake of the horrors of World War II, the US as remaining unscathed power helped put together a system of rules and organizations aimed at preventing another one. The idea was to prevent economic collapse and to resolve conflicts before they became wars. We got a UN, an IMF, and rules to govern international trade. The result was an extended period of world prosperity. The communist bloc stood outside all of that, but even in the days of the Cold War overt seizures of other countries were avoided.
Over the intervening years much of that liberal economic system remained, even as the world became much more complicated. Standards for permitted behavior lived on. In some sense, the Paris climate agreement was a kind of last hurrah. There was no enforcement mechanism, but the idea was that unanimity would shame the cheaters into compliance.
Trump broke that idea in a way that only an American President could. He asserted that there was no reason to obey any of those (US-initiated) international rules, and he got away with it. Until Trump people cared about WTO trade rules, climate progress, and democracy worldwide. Now essentially all of that is off the table. And the powerlessness behind many international institutions has been laid bare. If Putin decides to invade Ukraine, we’re in a world where the only consequences are the ones we manufacture for the event. The UN is manifestly irrelevant. Shaming has no force. There are no rules, and your friends can cover for you. It’s just the way things are. Military threats can be the first not the last of options.
This is a problem generally and for us in particular. Under Trump we developed adversarial relationships with just about everyone, with the view that they were all against us, and we had to show who’s boss. That limits our power. Most serious is what happened with China. Xi may be a megalomaniac and an autocrat, but we empowered Chinese hardliners and contributed to his nationalistic program by delivering threats echoing the imperialist past. When Trump said he would destroy the Chinese economy they took it seriously. The newly-revived alliance with Russia—a thorn in our side for Ukraine—was at least in part our own doing.
We have replaced our successful efforts for peace and stability with a new world view where we need no one, and any constraint on our ability to act is unacceptable. It’s easy to say (and many do say) so much the better. Every country needs to stand up for itself, and all of that international stuff just gets in the way. That’s an appealing slogan. It wasn’t just Trump’s line; it was behind Brexit and all the populist movements of the both the left and the right. However we’re not the only ones playing that game. That “freedom” is a freedom for any country to do anything, and the Ukraine affair is an early indicator of where that goes. We seem to have forgotten World War II and the Depression, and that’s just for starters.
Our own history gives an excellent example of what happens. That ocurred after the American Revolution, under the so-called Articles of Confederation. It took only a few years for the American states that had fought the British together to be at each other’s throats, torpedoing economic progress for everyone. Things got so bad that the states had no choice but to give up power to a new Constitution and a national government. In Europe there were centuries of wars that only ended when cooperation became manditory in the post World War II recovery.
It’s a fact that the liberal economic system has gotten a bad name in this country—”Bill Clinton let China in the WTO and there was nothing we could do about the Chinese assault on American jobs”—but that universally-repeated story is false. (It’s one example of what you might call bipartisan revisionist history—the left and right united against the center!) The main issue raised with China’s behavior has always been currency manipulation, which was in no way permitted under WTO rules. And as the following job loss chart makes clear, the loss of American jobs was 100% a phenomenon of the George W. Bush presidency:
That’s no accident. The radical neocons had us preoccupied with fighting a $3T war, and the same deregulation mania that produced the 2008 crash had us actually encouraging outsourcing abroad. For the business-friendly Bush people cheap off shore labor was good. All subsequent efforts to help the people hurt by that process were blocked by Congressional Republicans bent on sowing dissatisfaction ahead of the 2016 election. The liberal order conspiracy is a convenent fiction for both the right (to cover its tracks) and the left (to attack the center).
If we’re going to avoid economic and even potentially military disaster, we’ve got to get past the electoral propaganda and understand what we’ve done right and wrong. In particular we’ve got to wean ourselves from the siren-call of nationalism. We’re not going to “win” the future, but we can certainly all lose it. The real challenge is getting internationalism right, so that everyone has a stake in the action. We built unprecedented peace and prosperity after World War II. That job needs to be done again before we give it all up—in a way that has happened many times before. Both prosperity and peace are in question.
One important lesson of history is that economics precedes politics. The EU, for all its imperfections, is a vast improvement over centuries of status quo. What got that going was a step-by-step economic union, long before there was anything political on the table. In that sense, strangely enough, you can argue that the WTO is more important than the UN. Getting the WTO back on track is going to take considerable doing, but it has to happen. And perhaps climate change can yield an appropriate model.
Climate change is an unusual situation in that practically every country has veto power of the result. We all share the same atmosphere, and the CO2 concentration is only controlled when everyone cooperates. So the solution has to get a buy-in from everyone, rich countries and poor. In fact it can only work when rich countries recognize that—like it or not—they’re going to have to help the poor ones. Everyone will have to get used to the idea of an international project where the focus is less on who gets the best deal than on whether it delivers the necessary benefit for all.
A functioning WTO is a similar balancing act. As starting point there is one basic reality to be acknowledged: self-sufficiency is not a desirable or realizable goal even for large countries. Despite all the discussion of the evil Chinese, we would be vastly worse off if they just went away. Just in general, we are not always going to be the best at making everything, and our own industry will be crippled if we can’t build on what’s best.
Furthermore discussions of self-sufficiency tend to include a strong dose of the always-dangerous delusion “my people aren’t like that.” In fact domestic manufacture does not guarantee availability, quality, price, or appropriate technology. The single worst problem during the first stage of the Covid crisis was a lack of testing equipment—because the American manufacturer with a CDC contract to produce the tests had decided they could make more money doing something else. Similarly, self-sufficiency can do little to guarantee the well-being of the national workforce, as there is no substitute for government dealing with all relevant labor issues. Trade is more like climate change than it seems—it’s something we’ve got to make work.
The balancing act is in the many factors that have to be taken into account for fair trade: labor conditions, environmental rules, government involvement, and so forth. Those are both impediments and opportunities—they make the negotiations harder, but they are also leverage opportunities for a better world. Elizabeth Warren in her Presidential campaign made a long list of items she wanted to make as preconditions for trade with the US. Her standards were very high—it was pointed out at the time that no country met them—but her list was an indication of potential opportunities. Also, it is important that these rules should apply to everyone—including to us.
What this comes down to is that globalization, despite the rhetoric, is only anti-labor if we make it so—which is precisely what happened under George Bush. Instead of using it to establish worldwide labor standards, we used it deliberately to undermine workers everywhere. In other words thus far we’ve had globalization exclusively for the rich. If we don’t step in to control it, it will stay that way—populist movements or not. And if we don’t start learning how to create a world order for the benefit of humanity, no amount of national chest-beating will save us.
The Ukraine affair is dangerous in its own right, but even more dangerous as a symbol of a world out of control. What the world needs now is neither uncontrolled chaos nor world government, but a set of mutually-agreed rules to forestall a fight to the bottom. As with climate change, there is no way out other than to acknowledge we are now one interconnected world, and we will all either stand or fall together.