Larry Summers: Presidential Elections Crisis Evidence That Globalism May Have Run Its Course


Introduction
Why Is Trump Causing A Crisis In The GOP?

Summers: Primaries Are Evidence Globalism Has Plateaued
What Is To Be Done? Weathering the Global Storm
Managing The Consequences Of Globalism
Summers’ Veiled Threat To Americans: Ostracize Trump or Else…
Conclusion: The Left’s Distorted Thinking

Introduction

I read in Black Agenda Report a comment  by Glen Ford about this primaries cycle similar to those found in other leftists blogs:  that the duopoly (the two-party system) is bankrupt, destabilized to the point of near collapse due to Trump and Sanders’ campaigns challenging each respective  party’s owners. In Ford’s words:

What makes this election season different is the crisis in the duopoly system, itself: the possibility that the U.S. corporate-controlled electoral arrangement might be shattered beyond repair by irresolvable fractures in both the Republican and Democratic camps, creating more space for a broad left politics in the United States.

He also says there:

On the Republican side, the fate of the duopoly hinges on whether the GOP’s corporate leaders will choose to coexist in the same party with Donald Trump, an unpredictable billionaire who cannot be counted on to support perpetual U.S. military occupation of the planet and race-to-the-bottom global trade deals.

Rest assured Glen, the elite will avert the crisis. As I will show in this post,  they are working on it as we speak.

Missing from Ford’s and the other leftists’ analysis is the why: Why is it that the oligarchy cannot handle run-of-the-mill entertainment mogul Donald Trump, allowing him to ‘sequester’ the GOP? Sanders is in the other party doing what Trump is doing in the GOP: he too is ‘denouncing’ the elite. But the democrats seem to be handling him better; the impending doom for them is not as palpable as in the GOP. I know, evil-Hillary has him by the neck.

But Sanders has never attacked the globalists directly.  His mantra has been  against the “0.1% of Wall Street and against Hillary Clinton as the evil witch who has corrupted our nation’s good CEOs. As of late his has focused exclusively on her. He has stated his support of globalism. That’s why he has not directly associated voter anger with globalism as Trump has; that’s why he (and HC) is not a threat to the elite. I’m not endorsing him, for crying out loud!

But I think there is something else: the constant on both parties is that which Ford dismissed in his article: ‘voter anger’.

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Since March 1 I have been writing (inartfully, for sure) in this blog (here, here and here) about the relation between voter anger, Trump, the globalists and Larry Summers, and as it so happens, not only the relation exists, but it should have been taken into account by the left long time ago. Had they done that, they would have saved themselves from the embarrassment and disappointment at getting sucked into the Sanders ‘revolution’ day-dreaming campaign and falling for Trump’s pseudo-anti-globalist ‘rebellion’.

Why Is Trump Causing A Crisis In The GOP?

I will discuss Larry Summers’ two recent articles that illuminate the real causes behind this presidential election cycle crisis. Let me frame the conversation.

I argued, in the posts links above, that this electoral crisis is due mostly to voters anger, an outcome  of globalism, and that the elite sees these elections as the evidence that they have inflicted as much pain and disruption as the  middle class and the global humanity are capable of withstanding without rebelling. I also suggested that the Trump effect, the disruption of the GOP’s order, is not due to his anti-globalist position, as the left has suggested.

Trump’s crime has been daring to open for public discussion the crimes of the globalist elite, inciting the anger of the middle class against the elite. Of course, that is Trumpism, i.e., opportunism; he just wants to get those votes, he is part of the ‘billionaire class’.  The regular people is not allowed to discuss the evils of globalism anywhere, least of all in their presidential elections. Trump opening the discussion merely for winning votes is the ultimate betrayal to the elitist class to which he belongs.

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Image from somewhere in the internet.

So let’s see what is it that Larry Summers wants Trump to stuff it.

Summers: Primaries Are Evidence That Globalism Has plateaued

What follows is based on these two articles:(a) Global trade should be remade from the bottom up
April 11th, 2016, and (b) Larry Summers: Donald Trump is a serious threat to American democracy March 1.

There is nothing surprising about these elections to the elite because they are watching the effects that their rapacious greed is having on humanity. Larry Summers made the diagnosis: the political crisis that is this presidential election cycle is  merely a symptom...of the success of globalism.

This [globalization] has proved more successful than could reasonably have been hoped. [On article (a)]

Summers is sort-of paraphrasing Trump: globalists have had so much success that they are saying “please, no more success”. But, seriously, Summers et al globalists are listening  to your complaints:

They read the revelations in the Panama Papers and conclude that globalisation offers a fortunate few the opportunities to avoid taxes and regulations that are not available to the rest. And they see the disintegration that accompanies global integration, as communities suffer when big employers lose to foreign competitors. [(a)]

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For Summers, the evidence that  globalism has plateaued, overachieved, is in our current presidential elections. The oligarchs have taken notice of the importance of this elections cycle:

Elites can continue pursuing and defending [global] integration, hoping to win sufficient popular support — but, on the evidence of the US presidential campaign and the Brexit debate, this strategy may have run its course. [a]

Yet a revolt against global integration is under way in the west. The four leading candidates for president of the US — Hillary Clinton, Bernie Sanders, Donald Trump and Ted Cruz — all oppose the principal free-trade initiative of this period: the Trans-Pacific Partnership. Proposals by Mr Trump, the Republican frontrunner, to wall off Mexico, abrogate trade agreements and persecute Muslims are far more popular than he is. [a]

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That last phrase, “far more popular than he is“, it says it all.

So there you have it: the elite is watching you and understands better than you do yourselves from where that anger is coming. How do they know that the damage has been done? Let’s just say… they know:

The core of the revolt against globalintegration, though, is not ignorance. It is a sense, not wholly unwarranted, that it is a project carried out by elites for elites with little consideration for the interests of ordinary people — who see the globalisation agenda as being set by big companies playing off one country against another. [a]

So our dysfunctional presidential primaries show that the people are angry at globalization and can’t take it any longer. What is the elite to do to help us?

What Is To Be Done? Weathering the Global Storm

Globalism plateaued and there’s no way to convince the masses that it should be protected: the damage is beyond repair.

Elites can continue pursuing and defending integration, hoping to win sufficient popular support — but… this strategy may have run its course. [a]

The inevitability of popular unrest due to globalism having plateaued will result in a situation like that scene in the God Father were the mob went underground for cover after Michael killed Sollozzo: it was a “hiatus”.

This is likely to result in a hiatus in new global integration [a]

The elite will then concentrate on:

efforts to preserve what is in place while relying on technology and growth in the developing world to drive further integration. [a]

Like the God Father’s mob, the elite is weathering the storm.

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Managing The Consequences of Globalism

Voters fight with each other defending/attacking Trump and Sanders/Clinton: but Larry Summers knows how childish their fights are because he knows that they are fighting the wrong enemy. He also knows that they can be like an elephant walking in a ceramics store. The elite knows that the unmanaged anger will lead to chaos. So manage the anger they will.

Much more promising is this idea: the promotion of global integration can become a bottom-up rather than a top-down project. The emphasis can shift from promoting integration to managing its consequences. [a]

Larry Summers doesn’t go deep in this article about how he envisions this “managing” of the consequences of globalization, except to say this:

This would mean a shift from international trade agreements to international harmonisation agreements, where issues such as labour rights and environmental protection would take precedence over issues related to empowering foreign producers. It would also mean devoting as much political capital to the trillions that escape tax or evade regulation through cross-border capital flows as we now devote to trade agreements. And it would mean an emphasis on the challenges of middle-class parents everywhere who doubt, but still hope desperately, that their kids can have better lives than they did. [a]

One thing I can take from that quote: that our lives, our jobs, our unemployment, our education and entertainment, our housing…it has all been managed for us for a long long time, and will continue to be managed for us today. The solutions, the bandages or the profound alternatives to move away from this crisis will come from them.

They will use the MSM to ‘educate’ us, to influence our opinions, to tell us how to run our lives because, to them We the people are like children having a bad temper tantrum and who need to be disciplined. But he is afraid of the unruly children:

I have had a strong point of view on each of the last ten presidential elections, but never before had I feared that what I regarded as the wrong outcome would in the long sweep of history risk grave damage to the American project. [b]

Summers’ Veiled Threat To Americans: Ostracize Trump or Else…

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Thus Summers proceeds to give a warning to the American middle class, a veiled threat of what will happen to you if you don’t behave:

The United States has always been governed by the authority of ideas, rather than the idea of authority. Nothing is more important than to be clear to all Americans that the tradition of vigorous political debate and compromise will continue. The sooner Donald Trump is relegated to the margins of our national life, the better off we and the world will be. [b]

Did you see it, or am I misinterpreting that quote? Those two quotes tell a story: The elite will not allow you to disrupt their status quo, they  have no patient with you, so you will be better off ostracizing the Donald, not only from the campaign, but from our “national life”; and “the sooner” you do it, the better for you. If you elect Trump, you will be governed by “the idea of authority”, there will be no more compromises. But it is not Trump’s idea of authority: it’s the elite’s.

This veiled threat has been used before: by Bush Jr. in 2009 when he threatened to use martial law if the people refused to bail out the big financial and insurance corporations criminals.

Another thing that will “remain in place”, according to those quotes,  is the elite’s privilege to avoid paying taxes. Summers recommends to the elite to devote as much of  their financial and political resources to protect the “trillions that escape tax…” as they will devote to trade agreements.

Conclusion: The Left’s Distorted Thinking

These primaries are special. The reason the duopoly is in crisis is not because of Trump or Hillary; both parties are in crisis because of the middle class’ anger, because globalism has reached its peak.

In times of turmoil, it is expected that opportunist politicians will try catch the big fish out of the dark waters. Trump and Sanders are those politicians. Hillary Clinton? Well, you have wasted your energy on her: she is not the one running as the revolutionary or socialist. You chose to follow two of three of the worse evils. Instead of seeing what I have described here, you engaged in vilifying a woman as the sole corrupt element in the ‘establishment’. With all due respect, that is so male of you.

The oligarchs are as deep in this crisis as we are. But they are organized, they have traced their course and goals, they have a VISION. What does the left have?

Well, they are united in their Hate-Hillary fest. You allowed your emotions and, often, misogyny to take control of your mind. Your hatred lead you  to publicly consider the most shameful thought a leftist can have: voting for Trump. The amount of energy spent on vilifying HC was at least 3x higher than that spent on Trump, and 10x higher on advocating for Sanders. Your hatred distorted your thinking, made you forget that Trump could NOT POSSIBLY be the anti-globalist he has claimed he is: it was all an act. You forgot that he is a member of the elite; if he wins, he will bend over to the military and oligarchs bigger than he is.

The left has nothing to offer to the middle class. Well, maybe the Green Party does. Go cast your vote for whoever…

At the end of this elections cycle, we will end up exactly where we started: in the hands of the oligarchs.

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5 thoughts on “Larry Summers: Presidential Elections Crisis Evidence That Globalism May Have Run Its Course

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