Um, No - We're Not Governed "In A Way That Is Entirely Consistent With Free-Market Principles"

by: David Sirota

Mon Mar 09, 2009 at 09:19


Following an interview with the New York Times in which he was asked about socialism, President Obama called reporters back to tell them:

"It was hard for me to believe you were entirely serious about that socialist question." Obama later said: "I think that it's important just to note when you start hearing folks throw these words around that we've actually been operating in a way that is entirely consistent with free-market principles."

Obviously, that last part is patently absurd.  

David Sirota :: Um, No - We're Not Governed "In A Way That Is Entirely Consistent With Free-Market Principles"
Throwing trillions of taxpayer dollars at private banks is a lot of things - it's somewhat socialist in that public money is intervening in the market, though really it's far more authoritarian capitalist. But one thing it is not is "entirely consistent with free-market principles."

And really, so much of what our government has always done is entirely inconsistent with free-market principles. Our trade policy, for instance, includes all sorts of protectionist measures (patent and copyright protection, for example) and market subsidies, but prohibits Americans from purchasing lower-priced medicines from abroad. Our national security apparatus is plagued with no-bid (ie. anti-free-market) contracts. Anti-trust enforcement - critical to a free-market - has been gutted in the last generation. The list goes on.

Now, let me say the obvious: While in the aforementioned examples, the brushing aside of free-market principles has hurt the country, it's good news that some of Obama's proposals aren't "entirely consistent with free-market principles" - because in many cases, "free-market principles," left to their own devices, can have catastrophic consequences (see meltdown, 2009 economic). It's a good thing, for example, that Obama promised during the presidential campaign to create a publicly-funded option for universal health care. Likewise, it's a good thing that parts of the Obama administration seem more interested in considering bank nationalization.

What's not a good thing is Obama effectively validating the right wing's frame. In going out of his way to insist he's for the "free market,"  the president is signaling that he believes that the "free market" must always be worshiped and publicly glorified, even though this is an historic opportunity to reframe the entire debate on far more pragmatic, less ideological, terms.

I'm not saying he has to go out there and say he's a socialist (which, empirically, he most decidedly isn't) - but I am saying that there's a big political risk in his continuing to act as if the right's artificial economic frame must always be respected. That behavior legitimizes the "free market" metric - it says he believes he should be judged on that metric (ie. how "free market" a given proposal is), instead of being judged on other metrics (ie. how well a proposal works) that are far more important.  


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Cogently argued (4.00 / 1)
and correctly pitched emotionally.

Loyal opposition at its finest.

sTiVo's rule: Just because YOU "wouldn't put it past 'em" doesn't prove that THEY did it.


Compare Bush (0.00 / 0)
"I've abandoned free-market principles to save the free-market system,"

"to make sure the economy doesn't collapse."

"I am sorry we're having to do it,"

"I feel a sense of obligation to my successor to make sure there is not a, you know, a huge economic crisis. Look, we're in a crisis now. I mean, this is -- we're in a huge recession, but I don't want to make it even worse."


Socialism (4.00 / 1)
means state ownership of the means of production.

Obama is not by that definition a socialist.  And he is right - the question really shows that the people asking the question don't know what socialism is.

Free market capitalism since the 1930's has meant that the government will intervene in times of economic distress, and will regulate the economy where needed.  

The real pushback that is that he needs to show that these questions about socialism are born of complete ignorance of what socialism actually is.  


An Easy Re-Framing of that Ubiquitous "Framing Metric" (0.00 / 0)
    Every single congress member receives "socialized medical insurance" and "socialized pensions."

      It would allow the public to see the stark contrast between what private health-insurers offer the public; and in the same vein, what the majority of the population are increasingly offered:  a riskier retirement savings plan due to riskier--and more confusing--401k plans.

     Again, an easy talking point to constantly reframe these two important issues. It has a very strong populist aspect to it, when framed this way: Congress vs everyday citizen.  

PS  I think Obama might have foget his own talking point:  "Why shouldn't every American get the same (socialized) health-care as every congress member does?"


This was a John Edwards talking point as well (0.00 / 0)
And the idea of revoking congress critters health insurance until UHC was passed is STILL a good idea!

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