Archive for December 12th, 2007


The Left and the elections

vote

From Lenin’s Tomb, on UFJP’s now more apparent than usual tactic of wanting to influence the left flank of the Democratic Party, and thus get directly involved in electoral politics in the coming election.

The devilish problem, like God, is in the details. The UFPJ steering committee says: “We will use many different tactics, including activities and projects specifically related to the election-year cycle” (emphasis added). Uh-oh. Will political activism be once again taken hostage by electoral politics, support for the Democratic Party in particular?

From the comments to the post.

It’s my understanding that many of UFPJ’s leaders are Communist Party members or activists in the Committees of Correspondence for Democracy and Socialism, a group of Communist Party defectors.

True. As is also true of the ANSWER Coalition, where many leaders are in the Party for Socialism and Liberation. Ditto for Stop the War in the UK, where SWP plays a major role. Socialists have always been involved in mass actions like this, it’s what they do. They are the tireless ones who, day in and day out, do much of the endless nuts and bolts work that builds a mass organization - long after everyone else has gone home or given up. It’s a good thing they are there.

These folks [UFJP] tend to see more potential in strategically supporting some Democrats (and I think they’re absolutely right to do so).

As I see it, the American left has three serious options with respect to electoral politics: (1) abstain from the rigged electoral process entirely and focus on direct action and other extra-governmental activities, (2) concentrate its efforts on reforming the electoral system and giving “third” parties a real shot, (3) supporting the left-wing of the Democratic Party.

Well, I could be snarky and say, what left-wing of the Democratic Party? But I won’t. (Grin.) For those of you not directly involved in left politics, the question of whether to continue with activism (protests, demonstrations, getting in the street) or work into electoral politics is, ah, contentious. This question has fractured the Green Party and many other left organizations too.

I don’t have an answer. Abstain from electoral politics and you remain forever outside, pressing your nose against the window looking in. Supporting third party candidates means working in woefully underfunded conditions against unremitting hostility from the Democratic party apparatus. Support a Democrat and well, how many of their candidates are genuinely against the war? Just two. Kucinich and Richardson. And neither has a chance of getting the nomination.

From Counterpunch, Is there a Left here left?

The antiwar movement is in a weird position: it’s job is not to sway public opinion, since a majority of Americans agree with it; but nothing changes, so people are demoralized. They’re not illogical in their demoralization. And there is neither the wild courage nor the organization to throw a spanner in the works, to disrupt the war machine — not from labor (though some unionists on the West Coast and internationally are trying to see what they might put together toward this end), not from the campuses, and only so far among the soldiers. The latter are the most promising, but are nowhere close to the situation of mass mutiny of drafted armies past. At this point it looks as if the war will end when the Iraqis punish the US beyond endurance or the generals mutiny or both, but I don’t think we should have illusions that that will be a glorious day for the Left.

The weird thing is, opposition the war continues to grow and is mainstream now, yet the size of antiwar protests is mostly declining. So, there’s a disconnect somewhere. How does that opposition get translated into a political force that ends the war(s)?

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The Fed rate cut

The Federal Reserve

Leftist economist and author Doug Henwood, editor of Left Business Observer and host of a radio show on WBAI, comments on LBO-Talk about the quarter point Fed rate cut yesterday.

Wall Street was very disappointed this afternoon by the small size of the Fed’s interest rate cut - just a quarter-point - and the tone of the statement.

I’ll say. The Dow responded by dropping 112 points in one minute then kept falling.

For more than two years, Wall Street has consistently expected the Fed to be easier than it’s been - basically starting with the aftermath of Hurricane Katrina, when they hoped for rate cuts to counter the economic shock of that disaster. (Not for NO’ians - for themselves, of course.)

This presents a problem for populist analyses of the Fed that see the central bank as doing WS’s bidding. I’ve always thought the Fed had its eye on the broader class struggle and health of capitalism, and this only confirms that impression. They seem willing to stop their ears to the pained screams of traders and brokerage house economists.

Given Jim Cramer of TheStreet.com (who is a fine proxy for what the investment banks want) howling that the too little rate cut means some homebuilders and banks will go belly up, maybe that’s precisely what the Fed assumes will happen. Thus, they are being real capitalists rather than crony capitalists, and are letting market forces determine who survives.

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Seize the land, chain the peace activists

Homeland Security is building a US-Mexico border fence through the ancestral lands of the Tonoho O’Odham Nation, whose land spans the US and Mexico.

Graves have been dug up, protesters intimidated and harassed - and worse.

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