"1. How is Obama going to change the current system? Doesn't congress get to determine tax law?"

No one man is capable of changing a system, it is really all dependent on the circumstances that surround him and how he uses those circumstances to his advantage. For instance, FDR used the Depression to change the American system using the rhetoric of the New Deal. Reagan did the same thing, beginning the destruction of the New Deal welfare state. Obama, may also come into power in a time of crisis, and if he can use his rhetoric skills appropriately, he can change the discourse in American politics. Indeed, Obama is saying some pretty liberal things and people are buying it.

For instance in the debate yesterday, he argued that affirmative action should be based on class not race! Very, very progressive and a step in the right direction imo. Obama is here to save American capitalism from its own excesses, and since capitalists cannot think in the long run, the government has to set the agenda for them and the rules for accumulation. I think in general, there is a emergent discourse about the inequities in American society with the attacks against ridiculous CEO pay.

What needs to change in America is that people have to remember that they belong to classes, and that there is class warfare all around them. What do you think Bush has been? American's have to be much more critical of their lives than they are.

"So in lieu of that, could you tell us how Obama is going to provide healthcare and social security for all citizens without raising the taxes on everyone?"

Why raise it on everyone? Taxes are too low for too many as it is. American's do not realize how little they pay in taxes, come to Canada. Nevertheless, you will never find a majority of Canadians wiling to give up free healthcare, subsidized education, etc. for a bigger cheque. American's have a choice to make, a welfare state, or a market state.

Blog: http://perspectivos.blogspo t.com/

by Nick86 on 04/17/2008 03:02:49 PM EST

I appreciate your time in this matter...

I dont know how popular the "Americans aren't taxed enough" line will go over down here, but I can see where you are coming from... We do need to make a decision about what kind of country we want to be - and that is not a question that is answered easily...

Thanks again

:)

by bobo1 on 04/17/2008 03:31:55 PM EST

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You made the crucial point that capitlalists (by which I mean those who control the capital) can't think long term.  To this must be added capitalists can only understand the economy in the micro.  They have no conception of the macro.

by ProfRich on 04/17/2008 03:32:45 PM EST

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Capitalists are not stupid, they know the long term consequences of their actions. Their interest is in short-term profit, to satisfy their shareholder, no not the average stockholder, but the institutional shareholders. The government plays the role of regulating the "animal spirits" as Keynes called it. They cannot look long-term because their interests are in the short-term, and we see that now with the lack of government oversight with the mortgage crisis. Marx was right when he said the government is really the central committee for capitalists, because they need it to be to secure accumulation. However, my political economic ideas are a bit more radical than I think most ppl can handle so I'll leave it at that.

Blog: http://perspectivos.blogspo t.com/

by Nick86 on 04/17/2008 03:42:42 PM EST

[ Parent ]