Successfully reported this slideshow.
Your SlideShare is downloading. ×

More Related Content

More from Institute of Contemporary Asian Studies (ICAS) at TUJ

Related Books

Free with a 30 day trial from Scribd

See all

Related Audiobooks

Free with a 30 day trial from Scribd

See all

US Constitutional Democracy

  1. 1. US Constitutional Democracy 1789-2016? (227 years)
  2. 2. Roman Empire 27 BC/ 285 AD Diocletian partitions the Empire (313 years)
  3. 3. Fujiwara Rule 794-1087 Retired Emperor Shirawakawa pushes aside Fujiwara regents (293 years)
  4. 4. Ming Dynasty 1368-1618 Nurhaci issues Seven Grievances against the Ming ●(250 years)
  5. 5. Mughal Empire 1526-1707 Succession Struggle Following death of Emperor Aurangzeb (181 years)
  6. 6. Tokugawa Bakufu 1615-1838 Burning of Osaka by Oshio Heihaichiro (223 years)
  7. 7. British Empire 1763-1942 Fall of Singapore to the Japanese (179 years)
  8. 8. General (as in visible in all Western liberal capitalist democracies) threats to liberal/democratic/capitalist political order: Success !
  9. 9. Right or Left? Is (liberalism/capitalism) coming to an end? The problem is, while we see it disintegrating before our eyes, we see no successor approaching...by disintegration, I mean an already far advanced decline of the capacity of (liberalism/capialism) ... to underwrite a stable society. (Liberal/capitalist) society is disintegrating, but not under the impact of an organized opposition fighting it in the name of a better social order. Rather it disintegrates from within, from the success of (liberalism/capitalism) and the internal contradictions intensified by that success, and from (liberalism/capitalism) having overrun its opponents and in the process become more (liberal/capitalist) than is good for it.
  10. 10. Right or Left? (Liberalism/capitalism) has failed – not because it fell short, but because it was true to itself. It has failed because it has succeeded. As (liberalism/capitalism) has 'become more fully itself,' as its inner logic has become more evident and its self-contradictions manifest, it has generated pathologies that are at once deformations of its clams yet realizations of (liberal/capitalist) ideology.
  11. 11. Les Trentes Glorieuses ● Labor/capital modus vivendi. – Robust safety net financed with steep, progressive taxation. – Strong Unions (Factory Floor shares in productivity gains). – Government spends when capitalists won't. ● Free(ish) Trade, but – Fixed exchange rates. – Restricted cross-border capital movements/national fortress financial systems. – Restricted immigration.
  12. 12. Three Crisis Chains ● 1971-73 Collapse of Bretton Woods/OPEC hikes. – Inflation/ East Asian capital accumulation. ● 1987 NYSE Crash/Japan Bubble Economy – Deficit spending; “Reagan Revolution.” – Plaza Accord/MOF arrests dollar flight. ● 2008/9 Financial Crisis – Induced by exploding private sector debt. – Capital bailed out; labor stiffed.
  13. 13. “Fictitious Commodities” ● Money. ● Land. ● Labor.
  14. 14. End of OECD Middle Class? (Salaried Class shrinks as Wage Class grows) ● Free Movement of People. ● Free Movement of Technology – Final onset of Luddite Nightmare? ● Free Movement of Capital.
  15. 15. Rise of Meritocratic Cosmopolitan Global Elite ● Decline of noblesse oblige. ● Decay of connections to local populations: – Tastes. – Lifestyles. – Religion/patriotism.
  16. 16. US Specific I Constitutional Architecture --Electoral College (Mischievous 22nd Amendment) -- Executive/Legislative Separation Dictates Two Party Set-up. What happens when neither party represents working and lower middle – e.g., “wage” -- class interests?
  17. 17. US Specific: II Health Care: Insurance Tied to Employment (no incentive for cost control leading to cancerous growth of parasitic administrative bureaucracy: hospitals; insurance co's. Exploited class of nurses/nurse aides who do much of the actual work)
  18. 18. US Specific III Education Financing at lower levels with property taxes; no incentive for cost control at higher levels for reasons similar to health care (users have no choice; govt picks up tab when no one else will/can) and with similar consequences (cancerous growth of parasitic administrative bureaucracies; exploited class of adjunct faculty who do much of the actual work)
  19. 19. US Specific: IV Ruling Class Reproduction Elite universities engage in the educational equivalent of strip mining: identifying economically viable raw materials in every city, town, and hamlet, they strip off that valuable commodity, process it in a distant location, and render the products economically useful for productivity elsewhere...(their) students embrace 'identity' politics and 'diversity' to serve their economic interests, perpetual 'potentiality' and permanent placelessness. The identities and diversity thus secured are globally homogenous, the precondition for a fungible global elite who readily identify other members capable of living in a cultureless and placeless world defined above all by liberal norms of globalized indifference toward shared fates of actual neighbors and communities. Patrick Deneen Why Liberalism Failed
  20. 20. Political Effects “Liberal political education now takes places, if it takes place at all, on campuses that are largely detached socially and geographically from the rest of the country – and in particular from the sorts of people who were once the foundation of the Democratic Party. This is not likely to change.” Mark Lilla: The Once and Future Liberal
  21. 21. US Specific: V Character of Ethnic/Racial/Religious Tensions -- “Stamped from the Beginning.” --Reconquista. -- Global Brain Vacuuming.
  22. 22. US Specific: VI Dollar as the World's Money -- By the laws of accounting, US must run a current account deficit leading to: -- Systematic, secular transfer of production capacity overseas. -- Wars that do no have to be financed.
  23. 23. Final Thought 1 “So much of leftwing thought is a kind of playing with fire by people who don't even know that fire is hot.” George Orwell “Inside the Whale”
  24. 24. Final Thought 2 “The ordinary man may not flinch from a dictatorship of the proletariat, if you offer it tactfully; offer him a dictatorship of the prigs, and he gets ready to fight.” George Orwell The Road to Wigan Pier

×