What is Up in Trump’s Washington


February 15, 2017

What is Up in Trump’s Washington after 2 weeks of the 45th Presidency

by Thomas L. Friedman

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The Parting of the Ways–“Mr. Patriotism” and his National Security Adviser, Lt- Gen (rtd) Michael Flynn

Thank God for the resignation in shame by Mike Flynn, President Trump’s National Security Adviser. And not just because he misled the vice president and engaged in deeply malignant behavior with Russia, but, more important, because maybe it will finally get the United States government, Congress and the news media to demand a proper answer to what is still the biggest national security question staring us in the face today: What is going on between Donald Trump and the Russians?

Sorry, Kellyanne Conway, I am not ready to just “move on.”

Every action, tweet and declaration by Trump throughout this campaign, his transition and his early presidency screams that he is compromised when it comes to the Russians.

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Who owns this Make America Great Again Guy?

I don’t know whether Russian oligarchs own him financially or whether Russian spies own him personally because of alleged indiscreet behavior during his trips to Moscow. But Trump’s willingness to attack allies like Australia, bluster at rivals like China, threaten enemies like Iran and North Korea and bully neighbors like Mexico — while consistently blowing kisses to Russian President Vladimir Putin — cannot be explained away by his mere desire to improve relations with Moscow to defeat the Islamic State. And the Flynn ouster gives our government another, desperately needed opportunity to demand the answers to these questions, starting with seeing the President’s tax returns.

We need to know whom Trump owes and who might own him, and we need to know it now. Save for a few patriotic Republican senators like John McCain and Lindsey Graham, the entire Republican Party is complicit in a shameful act of looking away at Trump’s inexplicable behavior toward Russia.

If Republicans want to know how they should be behaving on this issue, they should ask themselves what they would be saying and doing right now if a President Hillary Clinton had behaved toward Russia the way Trump has, and had her national security adviser been found hinting to the Russian ambassador to hold tight because a softer United States policy toward Russia was on its way.

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House Speaker Paul Ryan and  Senate Majority Leader Mitch McConnell–Both should consider impeaching Trump when there is inscrutable evidence to do so, instead of looking away from this traversty. Loyalty has its limits.

House Speaker Paul Ryan and Majority Leader Mitch McConnell, what are you thinking by looking away from this travesty? You both know that if the C.I.A., N.S.A. and F.B.I. had concluded that the Russians had intervened to help Hillary Clinton get elected you would have closed the government and demanded a new election. Now it’s all O.K.? So you can get some tax cuts? Gens. Jim Mattis and John Kelly, our new secretaries of defense and homeland security, you are great patriots who both put your lives on the line in uniform to defend American values from precisely the kind of attack Putin perpetrated. Are you O.K. with what’s going on?

We need to rerun the tape. Ladies and gentlemen, we were attacked on December  7, 1941, we were attacked on September 11, 2001, and we were attacked on November 8, 2016. That most recent attack didn’t involve a horrible loss of lives, but it was devastating in its own way. Our entire intelligence community concluded that Russia hacked our election by deliberately breaking into Democratic National Committee computers and then drip-by-drip funneling embarrassing emails through WikiLeaks to undermine Clinton’s campaign. And what have we done about it? Other than a wrist slap against Moscow, we’ve moved on.

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Turmoil beneath  the beautiful and calm Washington DC

I am not arguing that Trump is not the legitimate President; he won for many reasons. But I am arguing that he is not behaving like one. Trump presents himself as “Mr. Patriotism,” wrapped in the American flag. And yet he has used his Twitter account to attack BMW for building an auto plant in Mexico, Boeing for over charging for a government airplane, the cast of “Hamilton” for appealing to the vice president to reaffirm American pluralism, American newspapers for undercounting the size of his inauguration crowd and the actress Meryl Streep for calling him out for bullying a handicapped reporter. And yet “Mr. Patriotism” has barely uttered a word of criticism on Twitter or off about a Russian President who has intervened in our democratic process.

That’s not O.K. The Russians did not just hack into some emails or break into some banks in America. They attacked the very things that make America what it is — that makes it so special: “its rule of law and its democratic form of choosing and changing leaders,” said Nader Mousavizadeh, who was a senior adviser to United Nations Secretary General Kofi Annan and co-leads the global consulting firm Macro Advisory Partners.

I am not looking to go to war with Russia over this. Back in the 1990s, this column was among the loudest voices warning against NATO expansion — that it would one day come back to haunt us, which it has, by making Russia feel threatened. I don’t care about Putin. His regime will fail because he is forever looking for dignity in all the wrong places, by drilling for oil and gas instead of unleashing the creativity of his people. But I am not willing to settle for evicting a few Russian agents and then moving on. We need to get to the truth, look it squarely in the eye and then act proportionately.

Trump and his senior aides have spent their first weeks in power doing nothing more than telling us how afraid we should be of Muslim immigrants who have not been properly vetted by our intelligence and immigration authorities. Well, Putin was vetted by the F.B.I., C.I.A. and N.S.A., and they concluded that he attacked our country’s most important institution — and Trump has acted as if he could not care less.

If the rest of us do the same, we’ll get the country we deserve, and it will not be great.


 

HRH Sultan Nazrin Shah: Understand Malaysia better through its History


February 14, 2017

HRH Sultan Nazrin Shah:  Understand Malaysia better through its History

COMMENT: HRH Sultan Nazrin Shah, the Oxford and Harvard-educated political economist, is to be congratulated for publishing a monumental book on Malaysia’s economic history.

One cannot dispute His Royal Highness’ view that understanding the country’s economic, political and socio-cultural history is important since it enables us to appreciate the progress we have achieved since Independence in 1957 due to the contributions of our diverse communities, and learn from our policy failures, and follies and frailties of our past leaders and administrators.

Our achievements have been spectacular by any measure  to earn the respect of the world. The developing world used to look up to us for our economic success. But in recent years, while we enjoy continued economic growth (in GDP terms), albeit modest by comparison with our past attainments, the management of our economy has been increasingly disappointing and depressing. The level of corruption is now the worst I have ever witnessed in my nearly 45 years of public, corporate, academic and civil society life.

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It is obvious to me at least that our present generation of UMNO-BN leaders have not learned the lessons of history especially why nations can and have failed because of corruption, abuse of power and sheer incompetence. HRH Sultan of Perak would, therefore, be well advised to remind Prime Minister Najib Razak of the consequences of poor governance. Preaching to the converted like me and others is inconsequential since we are not in power.

Finally, I must add my disappointment with this piece by Hanis Zainal. While publicizing HRH Sultan Nazrin’s book, she chose not acknowledge that scholars and academics like James Puthucheary, Agoes Salim, Lin See Yan, Rais Saniman, Junid Saham, Jomo Kwame Sundaram, Edmund Terrence Gomez, Mohamed Ariff (formally with MIER),Kamal Salih (USM), Lim Teck Ghee, Johan  Saravanamuttu et.al have contributed immensely to our understanding of Malaysia’s political economy and history. They have, in fact, preceded HRH Sultan Nazrin Shah.–Din Merican

by Hanis Zainal@www.thestar.com.my

The key to understanding a country better is through its history, so it is logical to assume the key to studying a country’s economy is through studying its econo­mic history.

This was what Perak Ruler Sultan Nazrin Muizzuddin Shah set out to achieve in Charting the Economy: Early 20th Century Malaya and Contemporary Malaysian Contrasts which was launched yesterday.

The book charts the country’s economic activities under colonial rule and contrasts it with the economic growth and development in contemporary Malaysia.

During the launch at a hotel here, Sultan Nazrin said that lessons learned from history carry “great relevance” for overcoming the economic challenges of modern-era Malaysia.

 “To better understand contemporary economic performance, it is necessary for us to go back into history to understand long-term trends,” he said.

In his book, Sultan Nazrin charts the changes – from an economy based largely on agriculture and mining in the past to one that is more diversified and broad today.

One of the most important lessons he learned in his study was of people’s contributions to the economy, said Sultan Nazrin.

“The truly remarkable economic and social transformation that Malaysia has experienced is due to the outstanding contributions made by all of our diverse communities working together.”

Quoting novelist Henri Fauconnier, who wrote the Soul of Malaya, Sultan Nazrin said the soul of Malaysia “is found in the country’s diverse people”.

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In his address, Harvard University’s Professor of Political Economy Prof Dwight Perkins noted the book’s importance to the economic literature of Malaysia.

Charting the Economy is published by Oxford University Press and retails at RM99 at all major bookshops in Malaysia.

 

Noam Chomsky’s ‘Responsibility of Intellectuals’ Revisited


February 14, 2017

Noam Chomsky’s ‘Responsibility of Intellectuals’ After 50 Years: It’s an Even Heavier Responsibility Now

Written amid rising opposition to the Vietnam War, Chomsky’s greatest essay has added resonance in the age of Trump.
By Jay Parini

http://www.alternet.org/visions/noam-chomskys-responsibility-intellectuals-after-50-years-its-even-heavier-responsibility

Nothing was quite the same for me after reading that piece, which I’ve reread periodically throughout my life, finding things to challenge me each time. I always finish the essay feeling reawakened, aware that I’ve not done enough to make the world a better place by using whatever gifts I may have. Chomsky spurs me to more intense reading and thinking, driving me into action, which might take the form of writing an op-ed piece, joining a march or protest, sending money to a special cause, or just committing myself to further study a political issue.

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The main point of Chomsky’s essay is beautifully framed after a personal introduction in which he alludes to his early admiration for Dwight Macdonald, an influential writer and editor from the generation before him:

Intellectuals are in a position to expose the lies of governments, to analyze actions according to their causes and motives and often hidden intentions. In the Western world at least, they have the power that comes from political liberty, from access to information and freedom of expression. For a privileged minority, Western democracy provides the leisure, the facilities, and the training to seek the truth lying hidden behind the veil of distortion and misrepresentation, ideology, and class interest through which the events of current history are presented to us.

For those who think of Chomsky as tediously anti-American, I would note that here and countless times in the course of his voluminous writing he says that it is only within a relatively free society that intellectuals have the elbow room to work. In a kind of totalizing line shortly after the above quotation, he writes: “It is the responsibility of intellectuals to speak the truth and to expose lies.”

This imposes a heavy burden on those of us who think of ourselves as “intellectuals,” a term rarely used now, as it sounds like something Lenin or Trotsky would have used and does, indeed, smack of self-satisfaction, even smugness; but (at least in my own head) it remains useful, embracing anyone who has access to good information, who can read this material critically, analyze data logically, and respond frankly in clear and persuasive language to what is discovered.

Chomsky’s essay appeared at the height of the Vietnam War, and was written mainly in response to that conflict, which ultimately left a poor and rural country in a state of complete disarray, with more than 2 million dead, millions more wounded, and the population’s basic infrastructure decimated. I recall flying over the northern parts of Vietnam some years after the war had ended, and seeing unimaginably vast stretches of denuded forest, the result of herbicidal dumps – 20 million tons of the stuff, including Agent Orange, which has had ongoing health consequences for the Vietnamese.

The complete picture of this devastation was unavailable to Chomsky, or anyone, at the time; but he saw clearly that the so-called experts who defended this ill-conceived and immoral war before congressional committees had evaded their responsibility to speak the truth.

In his usual systematic way, Chomsky seems to delight in citing any number of obsequious authorities, who repeatedly imply that the spread of American-style democracy abroad by force is justified, even if it means destroying this or that particular country in the effort to make them appreciate the benefits of our system. He quotes one expert from the Institute of Far Eastern Studies who tells Congress blithely that the North Vietnamese “would be perfectly happy to be bombed to be free.”

“In no small measure,” Chomsky writes in the penultimate paragraph of his essay, “it is attitudes like this that lie behind the butchery in Vietnam, and we had better face up to them with candor, or we will find our government leading us towards a ‘final solution’ in Vietnam, and in the many Vietnams that inevitably lie ahead.”

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Chomsky, of course, was right to say this, anticipating American military interventions in such places as Lebanon (1982-1984), Grenada (1983), Libya (1986), Panama (1989), the Persian Gulf (1990-1991) and, most disastrously, Iraq (2003-2011), the folly of which led to the creation of ISIS and the catastrophe of Syria.

Needless to say, he has remained a striking commentator on these and countless other American interventions over the past half century, a writer with an astonishing command of modern history. For me, his writing has been consistently cogent, if marred by occasional exaggeration and an ironic tone (fueled by anger or frustration) that occasionally gets out of hand, making him an easy target for opponents who wish to dismiss him as a crackpot or somebody so blinded by anti-American sentiment that he can’t ever give the U.S. government a break.

I like “The Responsibility of Intellectuals,” and other essays from this period by Chomsky, because one feels him discovering his voice and forging a method: that relentlessly logical drive, the use of memorable and shocking quotations by authorities, the effortless placing of the argument within historical boundaries and the furious moral edge, which — even in this early essay — sometimes tips over from irony into sarcasm (a swerve that will not serve him well in later years).

Here, however, even the sarcasm seems well-positioned. He begins one paragraph, for instance, by saying: “It is the responsibility of the intellectuals to insist upon the truth, it is also his duty to see events in their historical perspective.” He then refers to the 1938 Munich Agreement, wherein Britain and other European nations allowed the Nazis to annex the Sudetenland — one of the great errors of appeasement in modern times. He goes on to quote Adlai Stevenson on this error, where the former presidential candidate notes how “expansive powers push at more and more doors” until they break open, one by one, and finally resistance becomes necessary, whereupon “major war breaks out.” Chomsky comments: “Of course, the aggressiveness of liberal imperialism is not that of Nazi Germany, though the distinction may seem rather academic to a Vietnamese peasant who is being gassed or incinerated.”

What he says about the gassed, incinerated victims of American military violence plucks our attention. It’s good polemical writing that forces us to confront the realities at hand.

What really got to me when I first read this essay was the astonishing idea that Americans didn’t always act out of purity of motives, wishing the best for everyone. That was what I had been taught by a generation of teachers who had served in World War II, but the Vietnam War forced many in my generation to begin the painful quest to understand American motives in a more complex way. Chomsky writes that it’s “an article of faith that American motives are pure and not subject to analysis.” He goes on to say with almost mock reticence: “We are hardly the first power in history to combine material interests, great technological capacity, and an utter disregard for the suffering and misery of the lower orders.”

The sardonic tone, as in “the lower orders,” disfigures the writing; but at the time this sentence hit me hard. I hadn’t thought about American imperialism until then, and I assumed that Americans worked with benign intent, using our spectacular power to further democratic ends. In fact, American power is utilized almost exclusively to protect American economic interests abroad and to parry blows that come when our behavior creates a huge kickback, as with radical Islamic terrorism.

One of the features of this early essay that will play out expansively in Chomsky’s voluminous later writing is the manner in which he sets up “experts,” quickly to deride them. Famously the Kennedy and Johnson administrations surrounded themselves with the “best and the brightest,” and this continued through the Nixon years, with Henry Kissinger, a Harvard professor, becoming secretary of state. Chomsky skewers a range of these technocrats in this essay, people who in theory are “intellectuals,” from Walter Robinson through Walt Rostow and Henry Kissinger, among many others, each of whom accepts a “fundamental axiom,” which is that “the United States has the right to extend its power and control without limit, insofar as is feasible.” The “responsible” critics, he says, don’t challenge this assumption but suggest that Americans probably can’t “get away with it,” whatever “it” is, at this or that particular time or place.

Chomsky cites a recent article on Vietnam by Irving Kristol in Encounter (which was soon to be exposed as a recipient of CIA funding) where the “teach-in movement” is criticized: Professors and students would sit together and talk about the war outside of class times and classrooms. (I had myself attended several of these events, so I sat to attention while reading.) Kristol was an early neocon, a proponent of realpolitik contrasted college professor-intellectuals against the war as “unreasonable, ideological types” motived by “simple, virtuous ‘anti-imperialism’” with sober experts like himself.

Chomsky dives in: “I am not interested here in whether Kristol’s characterization of protest and dissent is accurate, but rather in the assumptions that it expresses with respect to such questions as these: Is the purity of American motives a matter that is beyond discussion, or that is irrelevant to discussion? Should decisions be left to ‘experts’ with Washington contacts?” He questions the whole notion of “expertise” here, the assumption that these men (there were almost no women “experts” in the mid-’60s) possessed relevant information that was “not in the public domain,” and that they would make the “best” decisions on matters of policy.

Chomsky was, and remains, a lay analyst of foreign affairs, with no academic degrees in the field. He was not an “expert” on Southeast Asia at the time, just a highly informed and very smart person who could access the relevant data and make judgments. He would go on, over the next five decades, to apply his relentless form of criticism to a dizzying array of domestic and foreign policy issues — at times making sweeping statements and severe judgments that would challenge and inspire many but also create a minor cottage industry devoted to debunking Chomsky.

This is not the place to defend Chomsky against his critics, as this ground has been endlessly rehashed. It’s enough to say that many intelligent critics over the years would find Chomsky self-righteous and splenetic, quick to accuse American power brokers of evil motives, too easy to grant a pass to mass murderers like Pol Pot or, during the period before the Gulf War, Saddam Hussein.

I take it for granted, as I suspect Chomsky does, that in foreign affairs there are so many moving parts that it’s difficult to pin blame anywhere. One may see George W. Bush, for instance, as the propelling force behind the catastrophe of the Iraq War, but surely even that blunder was a complex matter, with a mix of oil interests (represented by Dick Cheney) and perhaps naive political motives as well. One recalls “experts” like Paul Wolfowitz, who told a congressional committee on February. 27, 2003, that he was “reasonably certain” that the Iraqi people would “greet us as liberators.”

Fifty years after writing “The Responsibility of Intellectuals,” Chomsky remains vigorous and shockingly productive, and — in the dawning age of President Donald Trump — one can only hope he has a few more years left. In a recent interview, he said (with an intentional hyperbole that has always been a key weapon in his arsenal of rhetorical moves) that the election of Trump “placed total control of the government — executive, Congress, the Supreme Court — in the hands of the Republican Party, which has become the most dangerous organization in world history.”

Chomsky acknowledged that the “last phrase may seem outlandish, even outrageous,” but went on to explain that he believes that the denial of global warming means “racing as rapidly as possible to destruction of organized human life.” As he would, he laid out in some detail the threat of climate change, pointing to the tens of millions in Bangladesh who will soon have to flee from “low-lying plains … because of sea level rise and more severe weather, creating a migrant crisis that will make today’s pale in significance.”

I don’t know that, in fact, the Republican Party of today is really more dangerous than, say, the Nazi or Stalinist or Maoist dictatorships that left tens of millions dead. But, as ever, Chomsky makes his point memorably, and forces us to confront an uncomfortable situation.

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Intellectuals need to  take on this “dangerously ill-informed bully in the White House”and Malaysia’s most corrupt and intellectually challenged Prime Minister Najib Razak and other kleptocrats. Speak the Truth to Power–Din Merican

As I reread Chomsky’s essay on the responsibility of intellectuals, it strikes me forcefully that not one of us who has been trained to think critically and to write lucidly has the option to remain silent now. Too much is at stake, including the survival of some form of American democracy and decency itself, if not an entire ecosystem. With a dangerously ill-informed bully in the White House, a man almost immune to facts and rational thought, we who have training in critical thought and exposition must tirelessly call a spade a spade, a demagogue a demagogue. And the lies that emanate from the Trump administration must be patiently, insistently and thoroughly deconstructed. This is the responsibility of the intellectual, now more than ever.

Jay Parini, a poet and novelist, teaches at Middlebury College. His most recent book is New and Collected Poems, 1975-2015.”

Recommended Read:

Click to access KRANE-TheResponsibilityofIntellectuals.pdf

Steve Bannon: An Unusual Conservative


February 13, 2017

Steve Bannon: An Unusual Conservative

by Dr. Fareed Zakaria@The Washington Post

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Dr Fareed Zakara and America’s Foreign Policy Enfant Terrible Dr. Henry Kissinger

https://www.washingtonpost.com/opinions/stephen-bannons-words-and-actions-dont-add-up/2017/02/09/33010a94-ef19-11e6-9973-c5efb7ccfb0d_story.html?utm_term=.14e5d7218424

Perhaps it’s just me, but a few weeks into the Trump presidency, between the tweets, executive orders, attacks and counterattacks, I feel dizzy. So I’ve decided to take a break from the daily barrage and try to find the signal amid the noise: What is the underlying philosophy of this administration?

The chief ideologist of the Trump era is surely Stephen K. Bannon, by many accounts now the second-most powerful man in the government. Bannon is intelligent and broadly read, and has a command of U.S. history. I’ve waded through his many movies and speeches, and in these, he does not come across as a racist or white supremacist, as some people have charged. But he is an unusual conservative. We have gotten used to conservatives who are really economic libertarians, but Bannon represents an older school of European thought that is distrustful of free markets, determined to preserve traditional culture and religion, and unabashedly celebrates nationalism and martial values.

In a speech at the Conservative Political Action Conference in 2012, Bannon explained his disgust for Mitt Romney and his admiration for Sarah Palin, whose elder son, Bannon noted, had served in Iraq. The rich and successful Romney, by contrast, “will not be my commander in chief,” Bannon said, because, although the candidate had five sons who “look like good all-American guys . . . not one has served a day in the military.”

Image result for steve bannon donald trumpPresident Trump’s Chief Ideologue Stephen Bannon–The Powerafter President Trump in 1600, Pennslyvania Avenue, Washington DC

The core of Bannon’s worldview can be found in his movie “Generation Zero.” It centers on the financial crisis of 2008, and the opening scenes — in their fury against bankers — could have been written by Sen. Bernie Sanders (I-Vt.). But then it moves on to its real point: The financial crisis happened because of a larger moral crisis. The film blames the 1960s and the baby boomers who tore down traditional structures of society and created a “culture of narcissism.”

How did Woodstock trigger a financial crisis four decades later? According to Bannon, the breakdown of old-fashioned values resulted in a culture of self-centeredness that measured everything and everyone in one way: money. The movie goes on to accuse the political and financial establishments of betraying their country by enacting free trade deals that benefited them but hollowed out Middle America.

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Historian, Civil Rights Activist and Public Intellectual, Howard Zinn

In a strange way, Bannon’s dark, dystopian view of U.S. history is closest to that of Howard Zinn, a popular far-left scholar whose “A People’s History of the United States” is a tale of the many ways in which 99 percent of Americans were crushed by the country’s all-powerful elites. In the Zinn/Bannon worldview, everyday people are simply pawns manipulated by their evil overlords.

A more accurate version of recent American history would show that the cultural shift that began in the 1960s was fueled by a powerful, deeply American force: individualism. The United States had always been highly individualistic. Both Bannon and Trump seem nostalgic for an age — the 1930s to 1950s — that was an aberration for the nation. The Great Depression, the New Deal and World War II created a collectivist impulse that transformed the country. But after a while, Americans began to reassert their age-old desire for personal freedom, fulfillment and advancement. The world of the 1950s sounds great, unless you were a woman who wanted to work, an African-American who wanted to vote, an immigrant who wanted to move up or an aspiring entrepreneur stuck in a large, faceless corporation.

The United States that allowed individuals to flourish in the 1980s and 1990s, of course, was where the young and enterprising Bannon left a large bank to set up his own shop, do his own deals and make a small fortune. It then allowed him to produce and distribute movies outside of the Hollywood establishment, build a media start-up into a powerhouse and become a political entrepreneur entirely outside the Republican hierarchy. This United States allowed Bannon’s brash new boss to get out of Queens into Manhattan, build skyscrapers and also his celebrity, all while horrifying the establishment. Donald Trump is surely the poster child for the culture of narcissism.

Image result for president donald j trumpMaking America Great Again in a Messy World

In the course of building their careers, Trump and Bannon discarded traditionalism in every way. Both men are divorced — Bannon three times, Trump twice. They have achieved their dreams precisely because society was wide open to outsiders, breaking traditional morality did not carry a stigma and American elites were actually not that powerful. Their stories are the stories of modern America. But their message to the country seems to be an old, familiar one: Do as I say, not as I do.

 

Book: The Econocracy Review


February 12, 2017

The Econocracy Reviewhow three students caused a global crisis in economics

by Aditya Chakraborthy

https://www.theguardian.com/books/2017/feb/09/the-econocracy-review-joe-earle-cahal-moran-zach-ward-perkins

Unhappy at how economics is out of touch with reality and defined by an elite, Joe Earle, Cahal Moran and Zach Ward-Perkins sum up their explosive call for change

By making their discipline all-pervasive, and pretending it is the physics of social science, economists have turned much of our democracy into a no-go zone for the public. This is the authors’ ultimate charge: “We live in a nation divided between a minority who feel they own the language of economics and a majority who don’t.”–Aditya Chakraborthy
Riot police clash with demonstrators outside parliament in Athens, October 2011, as anger breaks out over new austerity measures

Riot police clash with demonstrators outside Parliament in Athens, October 2011, as anger breaks out over new austerity measures Photograph: Angelos Tzortzinis/AFP/Getty Images

In the autumn of 2011, as the world’s financial system lurched from crash to crisis, the authors of this book began, as undergraduates, to study economics. While their lectures took place at the University of Manchester the eurozone was in flames. The students’ first term would last longer than the Greek government. Banks across the west were still on life support. And David Cameron was imposing on Britons year on year of swingeing spending cuts.

Yet the bushfires those teenagers saw raging each night on the news got barely a mention in the seminars they sat through, they say: the biggest economic catastrophe of our times “wasn’t mentioned in our lectures and what we were learning didn’t seem to have any relevance to understanding it”, they write in The Econocracy. “We were memorising and regurgitating abstract economic models for multiple-choice exams.

Part of this book describes what happened next: how the economic crisis turned into a crisis of economics. It deserves a good account, since the activities of these Manchester students rank among the most startling protest movements of the decade.

After a year of being force-fed irrelevancies, say the students, they formed the Post-Crash Economics Society, with a sympathetic lecturer giving them evening classes on the events and perspectives they weren’t being taught. They lobbied teachers for new modules, and when that didn’t work, they mobilised hundreds of undergraduates to express their disappointment in the influential National Student Survey. The economics department ended up with the lowest score of any at the university: the professors had been told by their pupils that they could do better.

The protests spread to other economics faculties – in Glasgow, Istanbul, Kolkata. Working at speed, students around the world published a joint letter to their professors calling for nothing less than a reformation of their discipline.

Economics has been challenged by would-be reformers before, but never on this scale. What made the difference was the crash of 2008. Students could now argue that their lecturers hadn’t called the biggest economic event of their lifetimes – so their commandments weren’t worth the stone they were carved on. They could also point to the way in which the economic model in the real world was broken and ask why the models they were using had barely changed.

The protests found an attentive audience among fellow undergraduates – the sort who in previous years would have kept their heads down and waited for the “milk round” to deliver an accountancy traineeship, but were now facing the prospect of hiring freezes, moving back home and paying off their giant student debt with poor wages.

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I covered this uprising from the outset, and later served as an unpaid trustee for the network now called Rethinking Economics. To me, it has two key features in common with other social movements that sprang up in the aftermath of the banking crash. Like the Occupy protests, it was ultimately about democracy: who gets to have a say, and who gets silenced. It also shared with the student fees protests of 2010 deep discomfort at the state of modern British universities. What are supposed to be forums for speculative thought more often resemble costly finishing schools for the sons of Chinese communist party cadres and the daughters of wealthy Russians.

Much of the post-crash dissent has disintegrated into trace elements. A line can be drawn from Occupy to Bernie Sanders and Black Lives Matter; some of those undergraduates who were kettled by the police in 2010 are now signed-up Corbynistas. But the economics movement remains remarkably intact. Rethinking Economics has grown to 43 student campaigns across 15 countries, from America to China. Some of its alumni went into the civil service, where they have established an Exploring Economics network to push for alternative approaches to economics in policy making. There are evening classes, and then there is this book, which formalises and expands the case first made five years ago.

Joe Earle, foreground, with the Post-Crash Economics Society at Manchester University.

Joe Earle, centre, with the Post-Crash Economics Society at Manchester University. Photograph: Jon Super

The Econocracy makes three big arguments. First, economics has shoved its way into all aspects of our public life. Flick through any newspaper and you’ll find it is not enough for mental illness to cause suffering, or for people to enjoy paintings: both must have a specific cost or benefit to GDP. It is as if Gradgrind had set up a boutique consultancy, offering mandatory but spurious quantification for any passing cause.

Second, the economics being pushed is narrow and of recent invention. It sees the economy “as a distinct system that follows a particular, often mechanical logic” and believes this “can be managed using a scientific criteria”. It would not be recognised by Keynes or Marx or Adam Smith.

 

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In the 1930s, economists began describing the economy as a unitary entity. For decades, Treasury officials produced forecasts in English. That changed only in 1961, when they moved to formal equations and reams of numbers. By the end of the 1970s, 99 organisations were generating projections for the UK economy. Forecasting had become a numerical alchemy: turning base human assumptions and frailty into the marketable gold of rigorous-seeming science.

By making their discipline all-pervasive, and pretending it is the physics of social science, economists have turned much of our democracy into a no-go zone for the public. This is the authors’ ultimate charge: “We live in a nation divided between a minority who feel they own the language of economics and a majority who don’t.”

This status quo works well for the powerful and wealthy and it will be fiercely defended. As Ed Miliband and Jeremy Corbyn have found, suggest policies that challenge the narrow orthodoxy and you will be branded an economic illiterate – even if they add up. Academics who follow different schools of economic thought are often exiled from the big faculties and journals.

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The most devastating evidence in this book concerns what goes into making an economist. The authors analysed 174 economics modules for seven Russell Group universities, making this the most comprehensive curriculum review I know of. Focusing on the exams that undergraduates were asked to prepare for, they found a heavy reliance on multiple choice. The vast bulk of the questions asked students either to describe a model or theory, or to show how economic events could be explained by them. Rarely were they asked to assess the models themselves. In essence, they were being tested on whether they had memorised the catechism and could recite it under invigilation.

Critical thinking is not necessary to win a top economics degree. Of the core economics papers, only 8% of marks awarded asked for any critical evaluation or independent judgment. At one university, the authors write, 97% of all compulsory modules “entailed no form of critical or independent thinking whatsoever”.

Remember that these students shell out £9,000 a year for what is an elevated form of rote learning. Remember, too, that some of these graduates will go on to work in the City, handle multimillion pound budgets at FTSE businesses, head Whitehall departments, and set policy for the rest of us. Yet, as the authors write: “The people who are entrusted to run our economy are in almost no way taught to think about it critically.”

They aren’t the only ones worried. Soon after Earle and co started at university, the Bank of England held a day-long conference titled Are Economics Graduates Fit for Purpose?. Interviewing Andy Haldane, chief economist at the Bank of England, in 2014, I asked: what was the answer? There was an audible gulp, and a pause that lasted most of a minute. Finally, an answer limped out: “Not yet.”

The Manchester undergraduates were told by an academic that alternative approaches were as much use as a tobacco-smoke enema. Which is to say, he was as likely to take Friedrich Hayek or Joseph Schumpeter seriously as he was to blow smoke up someone’s ass.

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The students’ entrepreneurialism is evident in this book. Packed with original research, it comes with pages of endorsements, evidently harvested by the students themselves, from Vince Cable to Noam Chomsky. Yet the text is rarely angry. Its tone is of a strained politeness, as if the authors were talking politics with a putative father-in-law.

More thoughtful academics have accepted the need for change – but strictly on their own terms, within the limits only they decide. That professional defensiveness has done them no favours. When Michael Gove compared economists to the scientists who worked for Nazi Germany and declared the “people of this country have had enough of experts”, he was shamelessly courting a certain type of Brexiter. But that he felt able to say it at all says a lot about how low the standing of economists has sunk.

The high priests of economics still hold power, but they no longer have legitimacy. In proving so resistant to serious reform, they have sent the message to a sceptical public that they are unreformable. Which makes The Econocracy a case study for the question we should all be asking since the crash: how, after all that, have the elites – in Westminster, in the City, in economics – stayed in charge?

The Econocracy is published by Manchester University.

Dean takes a dig at Trump and Putin and fires a cannon shot at Najib


February 12, 2017

Dean takes a dig at Trump and Putin and fires a cannon shot at Najib in an orgy of self adoration

by Dean Johns@www.malaysiakini.com

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Malaysia’s Prime Minister will be trying to do a Obama con on Trump–Will he get a chance to play golf at Trump’s Resort, Mar-a-Lago?

With St Valentine’s day due next week, my thoughts naturally turn to love. And given that a column is no place for portraying or pursuing my personal amours, I’ve been getting lots of vicarious, indeed voyeuristic enjoyment from observing some of the most passionate love affairs currently being conducted publicly, if not pubicly, by various famous or notorious figures.

To me the most extreme of these, and by far the most excruciating because it’s impossible to avoid incessantly watching, reading and hearing about, is the absolute orgy of self-regard, adoration, infatuation, call it what you will, between new US President Donald Trump and himself.

The man personifies and projects narcissism to such a pathological extent that it’s almost beyond caricature. And in any event all the countless attempts to caricature him only seem to accentuate the crush he has on himself.

Just as those who swoon over him are genuine and only doing him justice, he seems to reason, those swine who refuse to swoon are just revealing how justifiably jealous they are of his supreme excellence.

And every time the media rebut one of his pathologically lying statements, he feels entitled to justify himself with the flagrant falsehood that he’s the innocent victim of ‘fake news’.

At this juncture I imagine some readers will be thinking I’m being a bit unfair to Trump, as on the face of it he does appear to have feelings for some others, like, for example, First Lady Melania and First Daughter Ivanka, even to the point of flagrantly un-presidentially promoting the latter’s fashion brand.

But I’m not prepared to believe that Trump sees these or any others who belong to him as people in their own right, but only as part of his desperate narcissistic need to feed his love of ‘me’ with as much as possible as he can get of ‘my’ and ‘mine’.

That being said, however, I can’t deny one glaring piece of evidence against my thesis that Donald loves only Trump and Trump loves only Donald. And that’s the curious fact that, while he hates just about everybody but himself, or possessions, extensions or supporters of himself, he has the total hots for the President of the Russian Federation, Vladimir Putin.

Given the plainly evident fact that Putin runs a kleptocracy as corrupt as inept as any on earth, including my perennial bugbear, UMNO-BN’s Malaysia, and is an ally of Bashar al-Assad in his all-out bloody war on the Syrian people, this is a very curious love-fest indeed.

So much so, that as I wrote on Trump’s inauguration, or, more accurately, Inughuration Day, I’m amazed that the penny or rather rouble hasn’t dropped with conspiracy theorists that he could well in real if not TV reality be a Russian security agency FSB operative named Trumpski, and thus the first Russian agent to not only successfully and safely breach US security, but to actually run for and seize the presidency into the bargain.

Bizarre blip

But whatever the rationale for the bizarre blip, flaw or anomaly in his constitutional narcissism that enables Trump to feel something that looks for all the world like romantic love for the highly undesirable Vladimir Putin, as far as I’m concerned I can’t help thinking of February 14, 2017 as international St Vladentine’s Day.

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Though of course members and supporters of Malaysia’s UMNO-BN regime won’t agree with me at all. Firstly because in their attempts to appear supportive of Islam, the religion they so disgrace, these crooks choose not to recognise St Valentine’s Day or any variant of it because it’s ‘Christian’.

And secondly they would surely claim that the love that dares not speak its name between Donald Trump and Vladimir Putin is far outshone by the relationship between Malaysian Prime Minister Najib Abdul Razak and any significant world leader who deigns to give him a game of golf.

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As he’s already boasted that Donald Trump did years before he even thought of running for President, although as far as I’m aware Trump himself has no recollection of this event.

In any case, as his supporters can persuasively argue, Najib is every bit as big-time as Trump is in the self-love stakes. It was Najib, after all, who, earlier in his premiership, lavished heaps of public money on signs proclaiming ‘I love PM’ and on paying crowds of people to carry and display them.

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And Najib, allegedly, at least, who even arguably trumped Trump in the self-love department by arranging to have RM2.6 billion of 1Malaysia Development Berhad (1MDB) funds into his own, personal bank account(s).

But then came Najib’s big mistake in my book. Any world-class narcissist worth his salt would have welcomed revelations of these payments with the comment that he was entitled to the cash and worth every cent of it, but Najib failed the test by claiming that it was a ‘donation’ from some anonymous ‘rich Saudi’ benefactor.

In other words, Najib’s pretence to pure, narcissistic Trump-style self-love is fatally marred not only by his lust for other people’s money, but also by his complete failure to take responsibility for, let alone to show pride in this self-indulgence.

So, even though as I recall giving him a dishonourable mention in ‘Be my Villaintine’ back at this time in 2014, and he’s clearly right up there with Trump and Putin when it comes to self-love, he’s clearly not a party to their special relationship, and thus, however hard he might be Valentryin’, he’ll never be a candidate for Vladentine.