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Congress is raising a hullabaloo about what they are now calling “Big Tech” – by which they mean Facebook, Apple, Microsoft, Amazon and Google. They are threatening to break out the old anti-trust laws and scatter each company into smaller ones. Their argument is that it would be more democratic to have smaller, less powerful, tech companies.

Here are my arguments against it.

Us old people saw this before when they broke up Bell Telephone. Does anybody remember their phone bills going down and their phone service improving? Nope. Nobody remembers it because it never happened. If anything, phone service costs went up and landline phone service became, well, what it is today.

Consider China

While American legislators are trying to tear successful enterprises apart, the Chinese are trying to build theirs up. One ought to think about the reasons for this difference, especially because the Chinese have clearly been operating the most successful economy in the world. Do you remember the phrase, “A Chinaman’s chance?” It used to mean no chance at all. In my lifetime, they’ve come from the least respected to the most feared economic machine.

I think that the Chinese want the obvious efficiency of giant enterprises, as almost anybody would. Apparently, the government over there thinks they can control them. Our government over here likes to pretend that they don’t interfere much in the economy. They say “let the market take care of itself,” unless, of course, their wealthy backers want another handout such as the giant tax break they just ripped off.

The pretense that the American economy can get back to some kind of individualistic entrepreneurial spirit is just that, a pretense. A capitalist economy develops the way it does because of its fundamental nature. The big ones eat the small ones. There’s no going back, and there’s actually no reason to go back anyway.

The Chinese government and the American government, both of them, can regulate big business. In fact, they can regulate big business better than they can regulate multiple smaller businesses for the simple reason that there are fewer people to watch and fewer books to audit.

Innovation?

Who can do research and development better than the government? Look at the pharmaceutical industry, for example. The problem with big pharma is not that they don’t take advantage of government research. The problem is that government doesn’t regulate them. Their cadres of lobbyists practically run the government instead of the other way around!

Consider the Postal Service

I’m afraid that the same people who want to break up Google are the same ones who want to break up the Post Office. We used to have the best postal service in the world, and it provided some of the best jobs we could get. Now, the good jobs are mostly gone and “privatization” is in every other paragraph. The same thing is true of what used to be the best school system in the world.

What Kind of Future?

We may daydream about a future that looks like our past. Young entrepreneurs wearing buckskins building up cattle empires on Native-Americans lands? Is that the model? Not likely. In my own sci-fi speculations about the future, revolutionaries try to build on the great accomplishments of capitalism, not tear them down. That’s for hippies.

The American government could regulate giant corporations on behalf of the people. They just don’t.

–Gene Lantz

I’m on KNON”s “Workers Beat” program at 9 AM Central Time every Saturday. 89.3FM in Dallas and podcast on Itunes. If you are curious about what I really think, check out my personal web site.

None of the candidates in the 2020 presidential race are going to put things right. Not even Bernie.

My idea is not original. I got it from Bernie Sanders. In every speech and message, Sanders tells us that fundamental change will only come from a great united movement. Not from any candidate.

A good example was Mr Obama. He was elected on a slogan of “change,” and I think he sincerely meant it. As president, I think he did about as well as could be done. Working people certainly benefited.

But my old friend George Meyers was completely correct when he taught me that every victory for working people has to be won over and over as long as the employers are in charge. No matter what we win, they can, and will, always take it away.

So none of the candidates, not even Bernie, can fix what’s wrong.

Learn from history

I think that voters knew that in 2016. I think that some of Bernie’s voters crossed over to Trump in their desperation for anything other than business as usual. If the Democrats nominate another humdrum establishment politician, Trump is likely to win again.

A vote for Trump in 2020 is a vote for fascism, but don’t forget that Hitler was also elected by a population that was desperate for something different.

What needs fixing?

There are two major problems underlying our crisis: 1) America’s waning economic power and 2) Unrestricted capitalism which, by necessity, piles up the wealth for a diminishing few while exploiting the many. In order to continue unrestricted capitalism under these circumstances, the employers find it necessary to erode and, eventually, destroy democracy.

Mr Trump is certainly not going to fix either one of these problems. In fact, by exploiting them for personal power, he’s making them much worse. It may be true that “anybody but Trump” is the right election choice for 2020, but elections are only one part of power politics.

How do we fix them?

Major social changes are not and never have been made by well intentioned individuals or small groups. It takes a united mass movement. That’s what Mr Bernie Sanders is working toward. His presidential campaigns are only a part of building that movement. Even if he loses again in 2020, support for him and his movement is still the right course. In fact, it’s the only positive course.

–Gene Lantz

I’m on KNON radio’s “Workers Beat” program at 9 AM Central Time every Saturday. If you are curious about what I really think, check out my personal web site

Book Review: Woodward, Bob, “Fear. Trump in the White House.” Simon & Schuster, New York, 2018

Most of the people who can read already have a low opinion of Donald J Trump. What they find in Woodward’s careful documentation of White House conversations is not likely to change many opinions. It will confirm, and strongly confirm, those with the opinion that the President of the United States is a lazy, prevaricating, egomaniacal, loose pistol with one finger on his Twitter feed and the other on nuclear war.

The book extensively explains that Trump believes that power is fear. But I don’t think that’s the reason for the book’s title. I think Woodward is talking about the world’s fear for its own safety.

If one wanted to take Trump’s view of things, or if one yearned for the vacuous “neutrality” nonsense to which most journalists pretend, then one could credit Trump with being loyal to his original plan. In other words, he really is against free trade, globalization, immigrants, and foreign entanglements. If those ideas are twisted and spun well, a lot of Americans would agree with him on those fundamentals. In fact, a lot of Americans voted for him and will vote for him again.

The popular idea that any Democrat could beat Trump in 2020 is just as unreliable a belief as the 2016 national conviction, supported by scientific polling, that he didn’t stand a chance against Hillary Clinton. Nobody believed that Trump would take power, even though they had the clear precedent from Nazi Germany.

Understanding Is Needed

It is not enough to dislike Donald J Trump as we prepare for 2020. It is not enough to quote Bob Woodward from this book to convince people to look elsewhere for a president in 2020. If we are to make progress in the 2020 elections, we need to carefully explain what is happening and what must be done.

Certain truths need to be faced and understood. Begin with the clear fact that we are reaching the end of America’s economic dominance. The reasons for that dominance grew out of World War I and World War II. Those reasons are long gone. American continues to dominate the world militarily, but not economically. Donald Trump did not make that happen. He exploits it, but he didn’t make it happen.

Springing directly from America’s waning economic domination and continuing military domination is the growth of immigration numbers. After all, if the United States hadn’t created the Syrian military crisis, millions of people would have stayed home. In other countries, it may take two sentences instead of one to explain why families leave home, but the military and economic factors, both springing largely from the United States, are the root cause. Donald Trump exploits that situation, but he didn’t create it.

Hitler exploited the 25% unemployment rate in Germany and the failure of the social democrats to reform society. He didn’t create the misery, but he exploited it.

Speaking of Hitler and Trump, it is especially important to note that they had a lot more power afterward than they did when they were first elected. Hitler was eventually able to do away with the German legislature entirely. Trump hasn’t gone that far, but Trump and the Trump supporters have eroded the power of the legislative branch. Their control over the judiciary is even more obvious and more scary.

The Solution Goes Far Beyond Personalities

As 2020 draws near, progressive voters are asking, “Which Democrat has the best chance of beating Trump?” That question barely scratches the surface of what is needed. No one person, even a president, will change the underlying problems we face. The president that we elect, and all the down-ballot politicians that we elect, are going to have to contribute to actual solutions: organizing for fundamental change.

Gene Lantz

I’m on KNON’s “Workers Beat” radio program at 9 AM Central Time every Saturday. If you are curious about what I really think, check out my personal web site

May 17, 2019, President Jair Bolsonaro of Brazil visited Dallas. Activists here were able to mobilize a hundred or so protesters and get major statements from political and labor leaders against the visit.

What Is Fascism? What Do We Do About it?

Afterward, the conversations are turning toward really important topics such as “What Is Fascism?,” “How Does It Take Hold?,” and “What Do We Do About it?”

“What is fascism but capitalism in its death agony?” —The Journal of Albion Moonlight

To begin with, fascism is not an economic system nor a stage of economic development. It’s not a religion nor an anti-religion. It isn’t cultural tastes or outlook. It is a form of rule.

Do We Have Fascism in America?

The form of rule that we have in America is limited democracy. It is not as limited as it was before, say, the Civil War, nor even as limited as it was before Roe V Wade or Brown V Board of Education. One might notice that it’s more limited now than it was before the Supreme Court ruled in Citizens United. But democracy in America is limited and always has been. We may have fascists in America, but we don’t have fascism. They haven’t taken over. At least not yet.

Democracy Opposes Fascism

When limited democracy just isn’t working well for the people in charge, they are left with fascism as their next option. The only other option would be to stop being the people in charge. In other words, fascism is a choice that desperate rulers make.

From their point of view, fascism is not as efficient as limited democracy because their workers in general willingly support them, but, from the the rulers’ point of view, it’s a lot better than giving up power.

If the corporate rulers of America decide that limited democracy isn’t working well for them any more, they will try to institute fascist rule.

Hitler Made a Deal

In Germany after World War I, the limited democracy imposed by the victors was called the Weimar Republic. It had so much debt and so many problems that it was weak. The communists and socialists, on the other hand, were on a roll. Hitler and his Nazis offered the German ruling class a way to maintain power by killing off the activists and destroying the democratic forces. In desperation, the rulers bought it.

The great powers of the day — United States, England, and France — liked the idea well enough because they had their own problems with socialists and communists. They allowed Hitler to take power, re-arm, and, just for practice, destroy the Spanish Republic.

Bolsonaro Made a Deal

Recently in Brazil, forces based on the trade union movement brought a flourishing democracy to replace the military dictatorship. It was working out great for the working people, but not so well for the capitalists. Using their control over the judiciary, they were able to jail the leaders of the democratic movement and put Jair Bolsonaro into power. Like fascists before him, he spews a lot of very divisive hatred.

They call him the Tropical Trump, and he’s a special friend of the White House here.

What’s All the Confusion?

The confusion about fascism is deliberate.

Ronald Reagan said that liberals were fascists. In one of the greatest examples of doublespeak of all time, Winston Churchill said that anti-fascists are fascists!

The Underlying Reason for Fascism

Capitalists do not prefer fascism. They prefer the efficiency of limited democracy for their rule. But they are doing something that they cannot help doing — piling up wealth for themselves at the expense of working people. Since the end of the Vietnam War, rich capitalists have taken an astonishing percentage of the world’s wealth. This year, 24 capitalists own more wealth than half the people on the planet!

It should be obvious that they can’t count on the cooperation of the people on the losing end. If we aren’t cooperating with them, then limited democracy isn’t working. The capitalists see that even better than we do.

Incipient Fascism At Home

A lot of really nasty people with billions of dark dollars are already working to establish fascism in the United States. Like their co-thinkers in Europe, they have seized on immigrants as their “threat from the other,” just the same way that Hitler and Mussolini used Jews.

In order to keep the democratic forces divided, they also throw in a lot of homophobia, religious intolerance, nationalism, and racism. The institutions of democracy such as freedom of information and the right to organize are their special targets. It worked for Hitler and it works for them. Since 1980, when the capitalists recognized that their hold was slipping, they have made a lot of progress. Mr. Trump makes a fairly good figurehead for them.

How Close Are We to Facism?

As this is written, the fascist forces have already provoked a phony constitutional crisis by refusing to recognize American law and democracy. In our ignorance, a lot of Americans support them. What they need now is the same thing that Hitler and Mussolini needed to smash democracy and establish fascist rule — a war.

Iranians are being demonized. There is an aircraft carrier task force in the Persian Gulf….

-Gene Lantz

I’m on KNON’s “Workers Beat” program 89.3 FM in Dallas at 9 AM Central Time every Saturday. If you are curious about what I really think, check out my personal web site.

Book Review:

Mallaby, Sebastian, “MORE MONEY THAN GOD. Hedge Funds and the Making of a New Elite.” Illustrated. 482 pp. A Council on Foreign Relations Book/The Penguin Press, 2010. Downloadable from the Dallas Library

Financiers, and especially financial speculators, are among the darkest and most hated figures of today’s capitalism. This is a good book even for the great majority of Americans for whom “hedge fund manager” and “Satan” are perceived as close. It could be argued that Mitt Romney lost the presidency in 2012 mostly because he was associated with hedge funds.

The first question we may ask is, “Does anybody like them?” The answer is yes. Other obscenely rich people like them.

Journalist Sebastian Mallaby likes them, too. He provides a really good historical review of “hedged funds” from the 1940s to the great recession. There are lots of insights into the best-known figures of financial history and insights into how they operate(d). They piled up billions of dollars at one time or another, but several of them also went broke. Instead of being disgusting parasites, though, Mallaby sees hedge fund managers as beneficial.

One reason that they are so good for society is that they are not greatly regulated. They answer to no elected oversight group. That’s what makes them agile and strong, and it’s what makes them good at providing money liquidity in extreme situations. Regulation, Mallaby says, would be destructive to the world financial system.

Hedge fund managers are not the major players in high finance. That would be investment bankers. Mallaby shows that they’re the ones who caused the Great Recession, not hedge fund managers.

What Are They?

As I understand it, hedge fund speculators are characterized by the way they hedge their bets. In general, they buy and sell similar things at the same time. They may go “long” on a stock, a bond, a currency, an option, a derivative, etc while at the same time selling “short” on something similar. Their success depends on picking something profitable to buy and something risky to sell. Once they decide on their “long” and “short” positions, then they borrow a lot of money to do both. The borrowed money is called “leverage.”

If a hedge fund manager is really good at choosing, they make a little or a lot on each transaction. Either way, it quickly adds up. In case after case explained in this book, hedge fund managers started with a few million dollars and soon started managing billions. As the word of their success got around, thousands of new hedge funds were created, some by inspired entrepreneurs and some within the larger banks and financial institutions.

How Do They Do It?

Unfortunately, this book doesn’t tell us how to make a billion dollars overnight. It only tells us how others did it in the past. Some of them started out as stock or bond traders. Some of them were economists who could analyze long and short-term trends. More recently, some of them were simply mathematicians who could safely ignore markets and economics while simply looking for mathematical changes that, using advanced computer technology, could pay off a little or a lot.

What Does It Mean?

The book goes from one successful gambler to the next. Some of them made their biggest piles of money during market downturns; consequently, the historical context is not immediately evident. But for me, the historical context is the most important part because understanding what happened is the basis for figuring out what may happen next.

The entire period covered by the hedge fund phenomenon was one of United States domination of world finance. The entire period was one in which increasingly the most astounding wealth went to people who didn’t manufacture anything and provided no service that anyone could immediately request or even understand.

We live in a world of financialization.  The magnates of industry no longer control the governments of the world; their bankers do.

–Gene Lantz

I’m on KNON radio’s “Workers Beat” program at 9 AM central time every Saturday. If you are curious as to what I really think, check out my personal web site

I don’t tend to believe the mainstream media about Venezuela because the only people they quote are Trump Administration and a few former state department employees. I also received a few statements with a totally different take on what’s going on.

Today’s newspaper says the usual: “people in Venezuela are in revolt because their failed socialist system has wrecked the economy and, as of now, destroyed their power grid. The United States is for democracy.”

I tend to believe the interview in “Democracy Now,” which says that people on Trump’s side actually burned trucks full of humanitarian aid so they could blame it on the Venezuelan government. Here’s a quote from Pulitzer-Prize winner Glenn Greenwald: “Every time the U.S. wants to start a new war, it does it the same way, which is, it invents some really inflammatory, emotionally wrenching lie that gets people to hate the government they want to topple so much that they set their rationality aside and support the war. So, they claimed North Korea—or, North Vietnam attacked U.S. ships in the Gulf of Tonkin, which was a lie to start the Vietnam War. They claimed that Saddam had been ripping babies out of incubators in Kuwait, to start the Gulf War, which was a lie. They claimed weapons of mass destruction, which was a lie, to start the Iraq War.”

I like the anti-interventionist statement of the Dallas Peace and Justice Center. https://www.dpjc.org/our-messages/178-position-statement-no-u-s-intervention-in-venezuela

Veterans for Peace says, “Veterans For Peace is outraged at the unfolding coup d’etat in Venezuela, which is clearly being orchestrated by the U.S. government.”

Code Pink writes, “The U.S. is orchestrating a coup in Venezuela that is likely to lead to bloodshed — even civil war and U.S. liberal media are willing participants in the “humanitarian aid” PR stunt to make it happen.”

Seventy scholars and experts agreed on a statement calling for negotiations instead of intervention.

The Cuban government made a strong statement about the Venezuelan power failure. “The Revolutionary Government strongly condemns the sabotage perpetrated against the power supply system in Venezuela, which is a terrorist action intended to harm the defenseless population of an entire nation and turn it into a hostage of the non-conventional war launched by the government of the United States…” I wish it didn’t, but it makes sense to me.

As an American trade unionist, I’m most impressed by the long resolution that came from the Chicago Teachers Union. These are the brave and smart people who started today’s round of great labor successes for school workers. They point to the U.S. involvement, specifically Elliott Abrams, President Trump’s current Special Envoy to Venezuela, in the 2002 coup attempt. They continue: “WHEREAS, the U.S. has recently attempted to provoke a border incident with the Maduro government by moving $20 million worth of “aid” to Venezuela after it has frozen the foreign assets of that country, discouraged other countries from doing business with Venezuela, and imposed sanctions that increase the poverty and misery of the general population by costing the Venezuelan government billions  ever year; and

‘WHEREAS, the United Nations, the International Red Cross, and other international relief organizations refused to work with the U.S. on delivering this “aid” to Venezuela, which they say is politically motivated; and the Venezuelan government considers a Trojan Horse for an eventual military invasion’; and

‘WHEREAS, U.S. President Donald Trump, U.S. National Security Advisor John Bolden, and U.S. Secretary of State Mike Pompeo have all explicitly stated that U.S. corporations should control the oil resources in Venezuela, which implies that this will be a war for oil; and Secretary of State Mike Pompeo stated that the elected Venezuelan President, Nicolas Maduro’s “days in office are numbered”; and

‘WHEREAS, the world is still reeling from the war for oil in Iraq, which has left that country in shambles and continues to destabilize the middle east to this day; therefore, be it

‘RESOLVED, that the Chicago Teachers Union (CTU) publicly states its opposition to any military invasion of the sovereign state of Venezuela, and insists on dialogue, diplomacy, and negotiation as the means to resolve this crisis; and

‘RESOLVED, that the CTU advocate for the suspension of the current sanctions against Venezuela, and for the U.S. to cease all threats, military mobilization, and interference in the economic and internal politics and affairs of the Venezuelan people; and respect the right of self-determination of this sovereign nation in accordance with U.S. stated commitment to the rule of law; and be it finally

‘RESOLVED, the CTU stands in solidarity with the Venezuelan labor organizations Sindicato Nacional Fuerza Magisterial (SINAFUM)i , Colectivo Clasista de Trabajadores y Trabajadoras de la Educación.ii “Carmen Conzoño” y al Frente Nacional de Lucha de la Clase Trabajadora (FNLCT)iii , and other organizations that oppose the interference in Venezuela’s sovereign affairs and the consequent threat of military intervention.”

Will Democracy Result?

If and when the U.S. takeover is completed, does anybody really expect democracy? Did the Chileans get democracy when the U.S. overthrew their government? Did the Iranians get democracy when the CIA installed the Shah? If the present government of Venezuela is overthrown, you can expect a bloodbath. The way it’s looking right now, it may be a bloodbath either way. Unless we do something!

Take a Stand Before It’s Too Late

–Gene Lantz

I’m on KNON radio’s “Workers Beat” program every Saturday at 9 AM Central Time. If you want to know what I really think, check out my personal web site

If you haven’t heard Kenneth Williams explain the Republican attempt to rule America as a minority, you can watch the full 2-hour video at https://www.youtube.com/watch?v=qj5-yDxnXQY.

Kenneth Williams “Why Republicans are determined to rule as a minority!”

Williams explained it carefully to the College of Complexes free speech meeting in Dallas on February 23. He began by pointing out that popular American opinion and Republican Party dogma are growing more and more disparate every election cycle. While people want women’s rights, Republicans go against. While people want gay marriage, Republicans go against. People want health care, Etc etc etc

Willilams explains that democracy is ultimately doomed under the Republican’s plan. They have to impose values that the American public doesn’t want. That’s why they work so hard at voter deception and voter repression. If nothing changes, fascism is virtually inevitable.

But Kenneth Williams predicts that something will change. In fact, it is already changing as witness the more robust turnout in the 2018 elections. People are waking up and taking a hand in things. Fascism cannot prevail against an enlightened and activated body politic. Kenneth Williams has great ideas, as you will see from the video, about how to grow democracy in our fair land.

Nevertheless, one can see from everyday politics that Williams is describing today’s situation accurately. On the immigration issue alone, the Republicans are varying further and further away from public opinion. Furthermore, they don’t seem to care!

Let’s figure it out

Our ability to fight against minority rule (fascism) is strengthened when we understand what we are up against. Here’s how to look at the two polarizing trends pulling away from each other:

  1. In the first trend, Americans are more and more enlightened. That’s because we are better educated. The internet has given us lifelong learning. As people understand more, especially about people they previously would never have contacted, they become kinder, more flexible,  and more forgiving. So people are getting smarter and, well, better.
  2. The second trend has to do with the distribution of wealth. Currently, wealth and income inequality are at all-time highs in all the rich nations and especially in the United States. Fewer and fewer people have more and more of the money. Those are the people that the Republicans are catering to. The only way to please them, and to keep on pleasing them, is with minority rule.

Kenneth Williams is a brilliant speaker and I recommend you have him at your meetings soon. Enlighten and activate Americans so that fascism, minority rule, won’t stand a chance!

–Gene Lantz

I’m on KNON radio’s “Workers Beat” program 89.3 FM in Dallas at 9 AM Central Time every Saturday. If you are curious about what I really think, check out my personal web site