Military Keynesianism is no longer an available deus ex machina. Let me explain.
In 1933, when FDR was inaugurated, the United States was in full retreat from foreign entanglements, and there was little controversy about bringing a few hundred Marines home from the occupations of Haiti and Nicaragua. It took two years of world war, the defeat of France, and the near collapse of England to finally win a majority in Congress for rearmament, but when war production finally started up in late 1940 it became a huge engine for the reemployment of the American work force, the real cure for the depressed job markets of the 1930s. Subsequently, American world power and full employment would align in a way that won the loyalty of several generations of working-class voters.
Today, of course, the situation is radically different. A bigger Pentagon budget no longer creates hundreds of thousands of stable factory jobs, since significant parts of its weapons production is now actually outsourced, and the ideological link between high-wage employment and intervention-good jobs and Old Glory on a foreign shore-while hardly extinct is structurally weaker than at any time since the early 1940s. Even in the new military (largely a hereditary caste of poor whites, blacks, and Latinos) demoralization is reaching the stage of active discontent and opening up new spaces for alternative ideas.
Although both candidates have endorsed programs, including expansion of Army and Marine combat strength, missile defense (aka "Star Wars"), and an intensified war in Afghanistan, that will enlarge the military-industrial complex, none of this will replenish the supply of decent jobs nor prime a broken national pump. However, in the midst of a deep slump, what a huge military budget can do is obliterate the modest but essential reforms that make up Obama's plans for healthcare, alternative energy, and education.
In other words, Rooseveltian guns and butter have become a contradiction in terms, which means that the Obama campaign is engineering a catastrophic collision between its national security priorities and its domestic policy goals. Why don't such smart people see the Grand Canyon? Maybe they do, in which case deception is truly the mother's milk of American politics; or perhaps Obama has become the reluctant prisoner, intellectually as well as politically, of Clintonism: that is say, of a culturally permissive neo-liberalism whose New Deal rhetoric masks the policy spirit of Richard Nixon. http://www.motherjones.com/commentary/tomdispatch/2008/10/casino-capitalism-obama-us-2.html
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Received on Mon Oct 20 13:34:05 2008
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