This morning, after yesterday’s American presidential election of the businessman Donald Trump, I went looking for perspective. I wanted to help myself understand more fully why many Americans voted for him. I found a somewhat unexpected explanation through the mathematician and philosopher David Schweickart. In the title of an essay, he claims that “Yes Virginia, There Is an Alternative” to the global capitalism represented by rich elites such as Trump. Coincidentally, my very first post on this blog was an open letter to Justin Trudeau, one that alluded to the child’s letter to Santa Claus that received the famous response from the Republican outlet the New York Sun, “Yes, Virginia… [there is a Santa Claus].” I don't believe in Santa Claus, and I don't believe in Trump, and I don't like Schweickart's newly minted socialism, which—the day after the election—feels just too close to one of Trump's very few ideas, even though it's not. And so today’s post returns to the rosy nostalgia of the Sun’s letter in the context of Trump’s blatant mischaracterization of Hillary Clinton as the rich elite and himself as the outsider to the system.
Trump himself said, and I paraphrase, that America needs not a politician but a businessman—as if there was never a politician who was a businessman first. Many voters echoed this rationale for electing Trump: that government is corrupt and that the United States needs a leader who “isn’t owned by anybody,” and someone who will fire his underlings and thereby increase accountability. But this idealized “boss not politician” identity reveals an disheartening confusion of economy and government: the mistaken idea that capitalism is somehow more democratic than elected government. (This confusion is partly what led to the popularization of the term "neoliberalism" to describe ubiquitous capitalism, i.e., capitalism that is now inseparable from democratic governments, following I think from Margaret Thatcher’s claim that capitalism has no alternative.) Even if it were true that capitalism allows any new competitor into the market and hence provides renewal of its leadership, it would not be true that capitalism is accountable to anyone. (Exceptions are few and far between, especially among transnational capitalists. I don't have a problem with most small businesses, though they be capitalist.) If you disagree with the beliefs and actions of the chief executive officer of the biggest business in the country, you cannot vote that person out. If you think that businesses are somehow better at managing their finances than governments are with theirs, look at the huge number of businesses, including some of Trump’s, that have bankrupted themselves, with negative repercussions on investment and employment.
Americans are not entirely irrational to appreciate corporations and mistrust a government that is associated with police brutality; illegal, immoral, and costly wars; and surveillance, torture, and murder. The president is ultimately responsible for these problems, but the police, the military, and the spy agencies are not exactly “government.” I’d like us to remember the term “civil servant” when we think of government. The connotation of civility shouldn’t be forgotten, and servitude, though not a word that describes most workers in government, can at least connote a devotion to a cause. If we, anywhere, are serious about upholding democracy, good government has to be a cause, and we need to consider whether the fat cats are in government as much as in big business. Few of us today are devoted to our corporate employers, because corporations demonstrate little fidelity to employees and often benefit from precarious (yes, sometimes unpaid) employment.
Schweickart addresses this comparison in his essay, remarking that among the top 25 incomes in the United States in 2009 was that of a hedge fund manager: $900 million. To tax his income so that it would be equal to that of the president of the country, his tax rate would have to be between 99.95% and 99.99% (Schweickart 174), depending on equalizing before or after the president pays his taxes. (It’s always his. The United States just missed its first opportunity to elect a woman and to realize, at least for another moment, equality of opportunity.) But Schweickart’s essay is weirdly neoliberal in that it accepts, completely, that capitalism should be a part of government. Or that democracy should be a part of capitalism, which is probably the more accurate way of describing Schweickart's suggestions. In his aforementioned essay and his book After Capitalism, Schweickart conceptualizes a form of corporate government called “economic democracy,” which he calls “our new socialism” (183). The innovation, Schweickart claims, would be to replace labour and capital markets (183) with capitalism by the people and for the people (i.e., profit sharing or “worker self-management of firms”) and “social control of investment” (184). As a result, his economic democracy “is also far more compatible with ecological sanity than is capitalism… Capitalist firms tend to maximize total profits. Democratic firms tend to maximize profit-per-worker” (187) and therefore would not expand unsustainably. I like most aspects of these ideas, but not the conflation of government and economy implied in "economic democracy," and anyway these ideas will not be realized at a transformative scale without the regulatory insistence of government, notwithstanding the successes of the Mondragon Corporation, a cooperative. I used to work both for Canadian Tire and the Royal Bank of Canada, both of which engaged in limited profit sharing, but they were hardly democratic institutions willing to change according to the results of a vote. Trump would never do it. When political allies vote for, or work toward, a politician who wants less government and more leadership by corporate fiat, they are forgetting how democratic government serves and protects them with a much higher priority than how corporations do.
This ignorance or selective memory has various historical dimensions that can best be explained through Trump’s slogan, “Make America Great Again.” This imperative assertion is an order, in fact, that both reifies his authority and delegates accountability—a big problem with corporate governance. It suggests that now, the end of the Obama administration, is a time when American is not great. Greatness is the past—perhaps the so-called Golden Age of capitalism in the two or three decades after the Second World War. (Trump might well prefer a revolutionary era.) Trump’s echo of Ronald Reagan’s slogan ("Let's Make America Great Again") suggests that he can remember only as far back as the late 1970s and into the 1980s, around when a potentially sustainable capitalism (Schweickart 177-178; Featherstone and Miles 126) veered off the cliffs of insanity. Trump’s remarkably short memory is a sign that we live in a time that Mark Featherstone and Malcolm Miles describe as “a permanent present” (125) on the pretense (not theirs) that no alternative to capitalism means no change and thus no future. It is also evidence of Trump’s nostalgic desire, as Svetlana Boym might describe it, “to obliterate history and turn it into a private or collective mythology” (xv). Voters buy Trump’s economic rationale because it encourages them to romanticize the past rather than believe, as Hillary Clinton asserted, that America’s best days are ahead of it (maybe four years ahead). And, in this case, it’s easy to forget. It requires no work at all.
The New York Sun advised Virginia not to think so much about questionable characters like Santa Claus, and its message—though seemingly winsome—is far too close to the anti-intellectual message of Trump and his most manipulative and manipulated followers. The editors in 1897 encouraged young Virginia, eight years old, to concentrate on “faith, poetry, love, romance” rather than wonder about the truth and even begin, in her innocent way, to do some research. How sad that she put her faith in the Sun! How ironic that Trump pointed fingers so often at the liberal bias of the media when this historical example is so aptly contrary. How hilarious to imagine Trump expressing a thought or feeling even remotely poetic. We in (North) America cannot trust “the” government when “the” means Trump and his corporate agenda, one premised at least in the popular imagination on the end of the separation of government and economy. And I am simply heartbroken that so many Americans could trust someone so unwilling to allow his deals to be scrutinized for their legality. And someone so evidently racist, in his plans to ban Muslims and build a wall against Mexico.* And sexist, in his admitted sexual harassment and his repeated misogynistic slurs against one of the most accomplished diplomats in the world.
* See the It's All Narrative blog for a convincing explanation of the relationship between economics and racism in Trump's electoral victory.
How to cite this blog in MLA format: Deshaye, Joel. “Trump’s Appalling Economic Democracy.” Publicly Interested, 9 November 2016, www.publiclyinterested.weebly.com.
Your comment will be posted after it is approved.
Leave a Reply.
Joel Deshaye is a professor of English literature with an interest in publics, publicity, celebrity, mass media, and popular culture.