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Saturday, January 7, 2017

Liberal Democracy At Risk - Oligarchy Looms

Click here for an article by Thom Hartmann at Alternet entitled "No middle class, no republic: GOP plans to destroy America’s safety net will also kill democracy."

Newt Gingrich openly bragged recently at the Heritage Foundation that the Trump administration and Republicans in Congress were going to “break out of the Franklin Delano Roosevelt model.” That “model,” of course, created what we today refer to as “the middle class.”

Ever since the election of Ronald Reagan, Republicans have been working overtime to kneecap institutions that support the American middle class. And, as any working-class family can tell you, the GOP has had some substantial successes, particularly in shifting both income and political power away from voters and towards billionaires and transnational corporations.



In July of last year, discussing SCOTUS’s 5/4 conservative vote on Citizens United, President Jimmy Carter told me: “It violates the essence of what made America a great country in its political system. Now it’s just an oligarchy with unlimited political bribery.” He added: “[W]e’ve just seen a complete subversion of our political system as a payoff to major contributors.”
He goes on to say:
... while the legislative priorities of the top 10 percent of Americans are consistently made into law, things the bottom 90 percent want are ignored. In other words, today in America, democracy only “works” for the top 10 percent of Americans.
He goes on to say:
... unregulated markets — particularly markets not regulated by significant taxation on predatory incomes — invariably lead to the opposite of a healthy middle class: They produce extremes of inequality, which are as dangerous to democracy as cancer is to a living being.

With so-called “unregulated free markets,” the rich become super-rich, while grinding poverty spreads among working people like a heroin epidemic. This further polarizes the nation, both economically and politically, which, perversely, further cements the power of the oligarchs.
He mentions:
... Aristotle’s observation that when a nation pursues economic or political activities that destroy its middle class, it will inevitably devolve either into mob rule or oligarchy.
America had a strong, thriving middle class with progressive taxation and a well-functioning safety net -- thanks to FDR's policies, which Republicans have been trying ever since to undo -- well into the '70s:
A 30-year-old in the 1970s had a 90 percent chance of having or attaining a higher standard of living than his or her parents. But, since the 1980s introduction of Reaganomics, there’s been more than a 70-percent drop in “social mobility” — the ability to move from one economic station of life into a better one.
Unfortunately, the American way of life as we have known it is at risk:
Tragically, Republicans are today planning to destroy both our nation’s progressive taxation system and our social safety net, in obsequious service to their billionaire paymasters.

Flipping Jefferson and FDR on their heads, Republicans are proposing multi-million-dollar tax breaks for the rich, with a few-hundred-dollars bone tossed in for working people.

Meanwhile, Republicans are already hard at work.

As Ian Milheiser notes, “Republicans in the House hope to cut Social Security benefits by 20 to 50 percent. Speaker Paul Ryan’s plan to voucherize Medicare would drive up out-of-pocket costs for seniors by about 40 percent. Then he’d cut Medicaid by between a third and a half.”

If Gingrich, Ryan, et al succeed in destroying FDR’s legacy programs, not only will the bottom 90 percent of Americans suffer, but what little democracy we have left in this republic will evaporate, and history suggests it will probably be replaced by a violent, kleptocratic oligarchy.

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