Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
Month: April 2018
Chapters
At a certain point in an academic career, you start getting lots of invitations to write book chapters, which is a lot easier than going through the mill of submitting articles to journals, dealing with referee reports and so on. I’ve had three emails in the last few days, telling me that books to which I’ve contributed chapters have come out.
The one of most interest to readers here will be The Coal Truth: The fight to stop Adani, defeat the big polluters and reclaim our democracy by David Ritter, with contributors including Adrian Burragubba, Tara Moss and Berndt Sellheim, Lesley Hughes,Hilary Bambrick, Ruchira Talukdar, Geoffrey Cousins and me. The title is self-explanatory. Although Adani seems to have gone quiet for the moment, this will be an important resource if the Galilee Basin project is revived, or for future struggles.
In addition, there’s the Sage Handbook of Neoliberalism, where I have a chapter on Rise, Decline and Future Prospects, and Human Forces and Engineering, which came out of a final year course for Honours Engineering students, to which I contributed a chapter oh climate change,
Why were we at war with Turkey?
It’s now more than 100 years since Australian troops landed on a Turkish beach to take part in the disastrous Gallipoli campaign, which ended with nearly 30 000 Australians dead or wounded, among a total of up to half a million on both sides. For many of those years, I’ve been observing Anzac Day and mourning those losses. But in all that time, it’s never occurred to me ask why we were at war with Turkey, or rather why Turkey had chosen to join the German side in the Great War.
The answer is that the Ottoman government wanted an alliance with Britain and France, but was turned down. Russia, also allied with Britain and France, offered terms that amounted to a protectorate (it was the desire to keep Russia in the alliance that motivated the French rejection).
GMI + JG = paid work as a choice for all
I’ve been arguing for a while that a Guarantee Minimum Income (or Universal Basic Income) ought to be combined with a Jobs Guarantee to would make paid work a genuine choice for everyone. To spell this out, the GMI/UBI would make it possible to live decently without paid work, while a Jobs Guarantee would ensure that paid work was available to everyone. As a medium term policy, the best form of GMI would, I think, be the participation income advocated by the late Tony Atkinson. That is, a payment conditional on some form of social contribution, including voluntary work, study and childcare. Support for such a policy entails a direct confrontation with the punitive attitudes behind policies like Work for the Dole, while still maintaining the widely-held principle of reciprocity.
I was going to write more about this, but I just received an article by Felix FitzRoy and Jim Jin, in the Journal of Poverty and Social Justice which presents the argument very well. So, I’ll just recommend that to anyone interested in the issue.
Monday Message Board
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
We are all socialists now
Socialism is much more than public ownership of productive enterprises. Still, if there is one policy that clearly distinguishes socialists from their (or rather our) opponents, it is support for public enterprise as a way of organizing large-scale production, and, in particular, as the preferred model for industries characterized by natural monopoly or other major market failures. The opposite view, dominant since the 1970s, is the market liberal framework that favors comprehensive private ownership, with “light-handed” regulation as the response to market “imperfections”.
Now that I’ve explicitly adopted the term “socialist”, I’ve been struck by the fact that I seem to be pushing against an open door. Consistent anti-socialists are pretty hard to find these days. Most of the Australian right favors the compulsory acquisition of the Liddell power station, on the grounds that they don’t like the business decisions of its owner. On that basis, it’s hard to see why we shouldn’t nationalise the entire financial sector.
As regards public infrastructure, the Institute of Public Affairs, once our leading free-market thinktank, has become an advocate for publicly-funded dam projects in Northern Australia, the most notorious of all pork-barrel projects. Malcolm Turnbull is pushing Snowy Hydro 2.0.
These examples illustrate a problem. Having started by rejecting public ownership on principle, market conservatives have no theory to work on when they lose those principles. So, they naturally support the worst kinds of boondoggles, based on political expediency.
As a socialist, I support a mixed economy in which both public and private ownership play important roles. The evidence of the past century shows, in my view, that most large-scale infrastructure should be publicly owned, and operate on a statutory authority model, accountable to the public through governments, but with politicians kept at arms length from day-to-day decisions. On the other hand, small business should be left to private ownership. That leaves a large share of the economy to balance between large for-profit corporations and public enterprise. The design of a mixed economy involves getting that balance right.
Economics in Two Lessons, Chapter 9
Thanks to everyone who the first eight chapters of my book-in-progress, Economics in Two Lessons. I’ve found the comments on Chapter 8 valuable, but haven’t yet found time to edit in response to them. Soon, I hope!
In the meantime, I’ve posted a draft of Chapter 9: Market Failure. Comments, criticism and praise are welcome.
For socialism and democracy
As I mentioned a while ago, in the years that I’ve been blogging, I’ve described my political perspective as “social-democratic”. In earlier years, I mostly used “democratic socialist”. My reason for the switch was that, in a market liberal/neoliberal era, the term “socialist” had become a statement of aspiration without any concrete meaning or any serious prospect of realisation. By contrast, “social democracy” represented the Keynesian welfare state I was defending against market liberal “reform”.
In the decade since the Global Financial Crisis, things have changed. Socialism still describes an aspiration, rather than a concrete political program, but an aspiration to a better society is what we need now as a positive response to the evident failure of neoliberalism.
On the other side of the ledger, nominally social democratic parties nearly all failed the test of the crisis, accepting to a greater or lesser degree to the politics of austerity. Some, like PASOK in Greece, have paid the price in full. Others, like Labor in Australia, are finally showing some spine. In practice, though, social democracy has come to stand, at best, for technocratic managerialism, and at worst for capitulation to the demands of financial capital.
So, I’ve changed the description of this blog’s perspective to socialist. I haven’t however, adopted the formulation “democratic socialist” which was used, in the 20th century, to emphasise a rejection of the Stalinist claim to have produced “actually existing socialism” in the Soviet Union and elsewhere. That’s no longer necessary.
As has been true for most of the history of the modern world, the only serious threat to democracy is now coming from the right. So, it’s important to defend democracy as well as advancing the case for socialism.
Sandpit
A new sandpit for long side discussions, conspiracy theories, idees fixes and so on.
Monday Message Board
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.