[p2p-research] Neolibs vs. Keynesians

[Michel Bauwens]

hi daniel,

hope you don't mind I share this with the list,

you are right that obama has accepted an important aspect of keyneisian
logic, nevertheless, I've seen different analysis of his positions that all
came to the same conclusion, that in Europe he would be a center-right
politician ... of course in the U.S. even moderate center right is now seen
as extreme left ...

what I reproach Obama is that most of the money went to rescue predatory
financial capital, thereby depriving the stimulus of much of its possible
social impact, and that he fails to mobilize progressive social energies,
leaving the quasi-fascist enemy, the Tea Party, to mobilize discontent with
financial predation ...

in his focus on rescuing the old system and being much too timid in his
reforms, he's much more a Hoover, than the later Roosevelt ...

of course, it could be that the U.S. political system is so constrained,
that this is the best you could hope for ... if that is the case, that bodes
very ill for the U.S., as a new kondratieff wave cannot be based on the
logic of restoring neoliberalism

Michel

Michel

On Sat, Jul 10, 2010 at 11:31 AM, Daniel Araya <daniel at levelsixmedia.com>wrote:

> Michel, what Britain is doing is how neolibs handle deficits (cut spending
> a la Hoover). Obama is a classical keynesian:
>
>
> http://www.cnn.com/2010/OPINION/07/09/zakaria.britain.experiment/index.html?hpt=C2
>
> Don't know why you keep saying Obama is on the right. Stimulus spending is
> NOT neoliberal...
>
>
> - - - - - - - - - - - - - - - - -
> Daniel Araya
>
> Global Studies in Education
> Department of Educational Policy Studies
> University of Illinois at Urbana-Champaign
> Champaign, IL
> USA
>



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