Here's a little essay about Standing Rock. The writer likens the stand off to a moment from an imagined Zombie Apocalypse. You can just see that analogy right? Of course, how could those officers lined up to intimidate the Native Americans be so impervious to their own inhumanity? They must be some kind of cultural zombie, right?
At the head of the gathering army of the dead will be a man who brags about his lack of compassion and is so hollowed out by his punishing narcissism that he must compulsively eat our minds with tweets and outrageous behavior so as to fill his emptiness with our attention. His appetite for selfish self-regard seems immense enough to swallow the planet. It’s the appetite the Native-Americans witnessed as the European invasion crossed the continent. Hoisting the false flag of energy independence, our new zombie-in-chief promises a nationwide effort to extract coal, oil and gas offshore and in every natural environment. More pipelines, more strip mines, more deadly warming, more sacrifice zones.
With Donald Trump a zombie apocalypse arrives, and the Indians at Standing Rock are on the front lines.
The true origin of this zombie pandemic is of course us, we and the darker angels of our American culture. We are the culture that inspired the world with the ideal of human equality and self-governance. But we are also a culture motivated by fear. It is at work everywhere: in workplace competition, in our paranoia about immigrants, terrorists, ‘liberals,’ the ‘alt-right,’ even and perhaps especially in the pop up ads and blaring commercials that compel us to buy products by making us afraid that we’re lacking something, missing out, not part of the ‘winners.’ Our culture extols the supreme value of the self and is spellbound by narcissists and celebrities, justifies greed as good. Our consumerism, our sense of entitlement and exceptionalism have become part and parcel of the American dream, which in its grossest but most popular form is the dream of a better life filled with ever more comforts, conveniences, frivolous distractions, ersatz privilege (extra legroom on the airplane) and mountainous material possessions, most of them headed for the nearest landfill, the Great Pacific Garbage Patch, or entangled in a sea bird’s stomach.Standing Rock, together with the Adani mine in Australia are the two big fossil fuel projects that need to be stopped.
Like it or not, American culture in its current form destines our spirits to a disconnection from the Earth. Nature has become something we work to own a piece of in the middle class suburbs, or enjoy on our vacations. Many of us, possibly even most of us, feel helpless pangs when we see evidence of the ecological devastation our ravenous culture is wreaking, but even at our most pained we don’t feel wounds inflicted on the Earth as the Indigenous peoples do. During the three presidential debates no question was asked the candidates about environmental issues, and we Americans accepted that as okay. We have become deadened, zombie-fied. Now, as a country, we have chosen to elect a president pledged to perpetrate a conspiracy theory, a grand delusion reality show denying that any environmental crisis even exists. Whisked from their busy human bodies, more spirits will go missing, “lost.” The zombie apocalypse will spread.
Venezuela Is About To Blow
Venezuela is a troubling nation. Under Hugo Chavez, it was one part populist bullshit as politics, one part military junta-ism, and one part incoherent cult of personality around Hugo Chavez. And while Hugo Chavez himself was kind funky in some small, personal ways - he played a Stratocaster, - as head of government of Venzuela, he sort of ran the country right at financial ruin, a bit like driving the Titanic right at the ice berg. Now, it's looking like crunch time is upon them.
There are, I might add, shades of Gough Whitlam too in what Chavez was able to join his lifetime:
Chavez was intent on utilizing Venezuela’s oil wealth to transform the lives of the masses of the people, instead of allowing it to remain in the hands of the nation’s oligarchs, who used it to fund exorbitant lifestyles redolent of Miami Beach, Monaco, and Beverly Hills. The Venezuelan president undoubtedly kept his word, as over the next decade a social transformation took place in the country, measured in vast improvements in literacy, healthcare, housing, and the overall share of the nation’s wealth redistributed to the poor. Social spending doubled under Chavez from 11.3 percent of GDP in 1998 to 22.8 percent of GDP in 2011. The Gini coefficient, measuring income inequality, improved from one of the highest to one of the lowest in the region.Of course, this was all well and good when oil was fetching US$100 a barrel. What has made Venezuela come unstuck was how the oil prices plunged in the last 18months - pretty much because the Saudi Arabians wanted to kill off the shale oil industry in America.
These achievements should be considered in the context of a relentless attempt by the forces of the right in Venezuela – the oligarchs in control of the private media, big business, and other economic interests – to block, derail, and even overturn the country’s democracy with an attempted coup in 2002, followed by a politically orchestrated strike within the oil industry in 2002-03.
And that brings us sort of to today.
For good or bad, oil was the economic foundations of the Bolivarian Revolution inspired and led by Hugo Chavez. It is a commodity whose price is so volatile that it can only leave economies dependent on it vulnerable to global factors outwith their control. But this oil dependency cannot be laid at the door of either Chavez or his successor Nicolas Maduro. The country’s underdevelopment had taken root long before they arrived on the scene, a consequence of generations of Venezuela’s unofficial status as US neo colony controlled by a small clique of oligarchs who benefited from this state of affairs.
Those oligarchs and vested interests never went away. On the contrary, exploiting Chavez’s determination to uphold the most advanced example of mass participatory democracy Latin America has seen, the right in Venezuela has been hyperactive over many years in its efforts to undermine, oppose, and ultimately end everything to do with Chavez and Chavism. In this they have enjoyed Washington’s unflinching support.It reminds us of Australia and its economic fortunes being tied so closely to coal. The rest of the world is moving on to renewable energy and here we are peddling our fossil fuels to keep our housing bubble going (and really, that's what it's come down to). We might go on about the integrity of our democracy, but structurally speaking, we're not that different to Venezuela. One of these days we might even vote in a hard left leader akin to Gough and you watch how quickly the vested interests and the 1% will manoeuvre to rid us of such a leader. You really can't discount the dynamics of the people who want to keep our country on a losing wicket.
It is capitalism not socialism that has failed the people of Venezuela. However it is socialism that is carrying the can. Consequently, as things now stand, the Bolivarian Revolution is teetering on the brink.
Still, keep thatVenezuela thing in mind...
The Veil Of Niceties Fails Big
How awful were the 2016 US elections? Here's the explanation of the double-bind by which many sensible voters found themselves trapped:
Bernie Sanders put his 12 million primary voters and other supporters in a double-bind. For Sanders supporters, Hillary Clinton epitomized what they despised. Clinton has been: heavily supported by Wall Street and arms dealers; repeatedly pro-war from Iraq to Libya; a friend and admirer of Henry Kissinger, who for Sanders supporters is one of the greatest war criminals in world history; a former board member of the anti-labor union Wal-Mart Board of Directors; a co-sponsor of the Flag-Protection Act of 2005, which included prison terms for those who destroy the flag; and has had an otherwise despicable and untrustworthy history for progressives.
Bernie Sanders’ choice was to either support someone that his supporters despise and distrust or don’t support Clinton and Trump wins, and the Democratic Party and its media operatives politically assassinate Sanders as was done with Ralph Nader post-2000 election. Sanders’ public reaction was to choose what he had many reasons to believe was a false reality—that Clinton was not going to betray her new-found progressivism. Given Clinton’s history, Sanders had good reason to believe that Clinton as president would likely betray campaign progressive promises and simply blame failure on the Republicans. But rather than choosing Nader’s path, Sanders suppressed the reality of Clinton, and asked his supporters to do the same.
Many Sanders supporters could not shed the reality of Hillary Clinton’s anti-progressive history and that the Democratic Party establishment had sabotaged Sanders (who the polls had shown had a much better chance than Clinton of beating Trump); and these supporters lost faith in both Sanders and the electoral process and did not vote—a political-self psychotic break of sorts for people who had ardently believed in voting.If you thought the Sanders supporters got it bad, well, maybe you should spare a thought for the Basket of Deplorables after all.
Other Sanders supporters followed Sanders’ direction and voted for Clinton, only to find themselves now assaulted by the reality that Sanders had instructed them to support a corrupt political process that resulted in Trump winning anyway.
How about Trump supporters? Millions of Trump supporters, even before his inauguration, began having their political-self psychotic break, recognizing that they had been “played,” that Trump had no intention of keeping his campaign promises, and used them to gain power and attention.
A major issue for Trump supporters was “crony capitalism,” but even before Trump was inaugurated, he orchestrated the Carrier deal of tax breaks for jobs, which was so obviously a betrayal that even Sara Palin decried it calling it “crony capitalism.”
That has not been Trump’s only pre-inauguration betrayal.
Trump repeatedly promised to “drain the swamp.” The epitome of the “swamp” is the revolving door between the U.S. government and Goldman Sachs, yet Trump’s nominees for his administration include former Goldman Sachs employees Steve Mnuchin for Treasury Secretary and Gary Cohn for National Economic Council. It’s now become increasingly clear that Trump appears to be well on his way to creating the most putrid swamp ever, as he nominated for cabinet positions six of his top donors, as well as several establishment politicians (for example, Senate Majority Leader Mitch McConnell’s wife Elain Chao as Transportation Secretary; 20-year U.S. Senator Jeff Sessions for Attorney General, and others).It could be worse. It's hard to fathom how, but it well may could be worse. But the important thing is that the message is out for once - "average Americans have no fucking influence on government policy". That's probably true of our own democracy down under in Australia as well. You could easily argue the veil-falling-off moment was when Julia Gillard ousted Kevin Rudd and called an early election to face Tony Abbott who had replaced Malcolm Turnbull as leader of the opposition. Now, it is easily argued that Ms. Gillard was trying to save us from the iniquities of the rule by the Deplorables, after all Tony Abbott represents the absolute naked nadir of intellectual ambition amongst leaders in this country. Even so, she was not successful, and by extension we can see how little control the citizens had over the outcomes.
Trump promised his supporters an “anti-politician,” and they received a caricature of a politician who didn’t even wait until he was inaugurated to betray his promises.
The Thing That Could Go Wrong Yet
...and there are plenty of things that could go wrong for the Australian economy.
Here's the quick list of the various risks:
- Car Industry shutdown.
- Mining investment bust continues
- Commodity prices snap back down
- Property Bubble pops
- Construction boom peaks
- AAA credit rating is lost
- Banking crisis in Australia
- China slowdown
- Donald Trump being Donald Trump
- European disintegration
Some of it reads like fairly reasonable bets. Try the China one for instance:
An ever-present risk for Australia is the economic health of its dominant trading partner.
China's private debt is up there with Australia's as one of the world's highest, with its loosely regulated "shadow banking" sector seen as a key risk for financial crises.
Beyond a full-scale financial meltdown, there are indications the Chinese Government is planning to renew its economic shift away from heavy industry and construction towards services.
Last year, China boosted commodity prices through increasing infrastructure spending and relaxing restrictions on real estate investment, as well as cutting its own coal production.
Even moderate moves to limit growth in those sectors, plus a return to higher Chinese coal output, could see much of last year's commodity price gains unwind and, along with them, the boost to Australia's national income.I mean, well, yeah. None of those on their own are likely, but there's an element where some of these risks are stacked like dominos. Plus, who knows what happens to Venezuela, and the fallout that would follow that one.
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