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Dean Baker

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Liberals Working for the Right

Posted: 06/18/2012 1:54 pm

Last week Washington Post blogger Greg Sargent picked up on a blogpost from Democracy editor Michael Tomasky about how liberals should be touting the merits of "government." That is a great idea, if the point is to advance the conservatives' agenda.

It is astounding how happy liberals are to work for the right by implying that conservatives somehow just want to leave markets to themselves whereas the liberals want to bring in the pointy-headed bureaucrats to tell people what they should do. This view is, of course, nonsense. Pick an issue, any issue, and you will almost invariably find the right actively pushing for a big role for government.

However, for conservatives the goal is not ensuring a decent standard of living for the bulk of the population. Rather the goal is ensuring that money is redistributed upward. And, of course, the conservatives are smart enough not to own up to their use of the government.

Just to take a few easy ones, why would any market-oriented opponent of big government support the existence of too-big-to-fail banks (TBTF)? These TBTF banks operate with an implicit subsidy from the government. Lenders expect the government to step in to back up these banks debt if they fail, as happened on a massive basis in 2008. As a result, TBTF banks can borrow money at lower interest rates than would be possible in a free market.

The amount of money at stake is substantial, possibly more than $60 billion a year. This is more money than is at issue with the Bush tax cuts to the wealthy. This $60 billion is money that is redistributed from the rest of us to the biggest banks in the country, their top executives and their shareholders, all courtesy of big government.

To take another easy example, drug patents raise the price of prescription drugs by close to $270 billion a year above their free market price. This is roughly five Bush tax cuts to the wealthy.

Patents are government-granted monopolies. Since prescription drugs often are necessary for a person's health or even life, people will pay almost anything for a drug if they can afford it or can get their insurance to pick up the tab.

Patents imply very big government since the government will imprison anyone who produces a drug without the patent holder's consent. In recent years the big government has been actively working to extend Pfizer and Merck's patent monopolies to the rest of the world through NAFTA, CAFTA and other recent trade deals.

Patents are currently used as a mechanism to finance prescription drug research. But there are other more efficient mechanisms, such as the prize system suggested by Nobel Prize-winning economist Joe Stiglitz. Alternatively, we could simply increase and redirect the $30 billion in public money that goes to support biomedical research each year through the National Institutes of Health.

To take one other example of big government that conservatives support, highly paid professionals (e.g. doctors, dentists and lawyers) use licensing restrictions to limit both foreign and domestic competition. While the government has been using the banner of "free trade" to drive down the wages of manufacturing workers, it has simultaneously been increasing the protection afforded doctors in order to prevent any similar downward pressure on their wages.

If doctors in the United States were paid the same as doctors in Western Europe, it would save us more than $80 billion a year. The big government subsidy to doctors alone is close to two times the money involved in Bush's tax cuts to the wealthy.

It is not difficult to find other examples where conservatives want a big role for the government. Of course conservatives are opposed to big government social programs. That is because their goal is redistributed income upward rather than ensuring a decent standard of living for the whole population. It's very good politics for the right to equate big government with big government social programs, and incredibly foolish for progressives to help them.

The issue here is not in any real sense the size of government or its impact on the economy. A government that diverts an extra $270 billion a year to the pharmaceutical industry by enforcing patent monopolies on prescription drugs is every bit as "big" as a government that taxes an additional $270 billion a year and hands it to the drug industry.

It is totally understandable that the right would try to conceal the massive extent to which it relies on government to redistribute income upward. It is very hard to figure out why the country's leading progressive thinkers want to help them.

 

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Last week Washington Post blogger Greg Sargent picked up on a blogpost from Democracy editor Michael Tomasky about how liberals should be touting the merits of "government." That is a great idea, if t...
Last week Washington Post blogger Greg Sargent picked up on a blogpost from Democracy editor Michael Tomasky about how liberals should be touting the merits of "government." That is a great idea, if t...
 
 
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fried52
"Just the Facts Ma'am Just the Facts"
11:37 PM on 06/19/2012
As much as I respect Dean Baker, he leaves out something very important.
http://www2.ucsc.edu/whorulesamerica/power/
professor
Correkt the Spelling and Pick on the Moniker
08:38 PM on 06/19/2012
Big Business will do anything to make money for the rich. Socialism or Capitalism. Big gov or small. Whatever works. They don't care.
professor
Correkt the Spelling and Pick on the Moniker
08:37 PM on 06/19/2012
Stpd liing tro says that regulating drug prices very low, like they do in Switzerland and Honduras, will prevent competition, therefore preventing new pharmaceuticals from being invented.

Lier.

This free market ho_g_washh is just that.

First of all--American pharma does NOT invent new drugs. They just repackage and repatent old ones. Notify me the next time they cure cancer.

Second, the logic of freemarket is AGAINST curing anything. What Big Pharma wants is endless treatments, not once and done cures. And they admit it. Straight out.

Third, pharma companies still invent new products, just as fast, when they make fair, moderate profits, as they do when they gouge, like they do now. That is the painful truth about the freemarket. It works better when it is heavily regulated. And it continues to work heavily regulated. But you brndd ideologues are incapable of understanding such subtleties.

Fourth, you want scientists to invent something good? You don't need no stnkng freemarkets. Just offer a reward. Have the government offer a reward. You will get results infinitely faster than you will waiting for the "free market" (which doesn't exist, because it is fixed) to "work." Because scientists get the dough right up front, without middle-men. Or don't you understand economics?
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chlai88
Change is the only constant
05:11 PM on 06/19/2012
Yes, why are progressives letting the right monopolise the free market? The free market, like it or not, with all its warts and all, is here to stay. The quarrel with the right shouldn't be about whether free markets are bad or govt is the solution to every problem, it should only be about responsible capitalism. Corporations can also be a force for good or bad just like govts. They are the keys to pushing the clean energy & environmentally friendly agenda.
04:41 PM on 06/19/2012
Liberals don't hold office ... Sell outs do. Progressives? Everybody is owned. Social change happens when the people (not their elected officials) resist, and the plurality recognizes the injustice they have been abiding.
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hallaquila
BA, Virginia Military Institute; MSJ, Ohio U.
03:45 PM on 06/19/2012
Excellent article, as Republicans con people into thinking that it is government-funded social programs that are breaking the system. They hate welfare for the poor but love corporate welfare. Notice how silly Republican congressmen sound when they say that government does not create jobs though they are among the highest paid government workers with the most perks and privileges. They also never mention all the trillions spent in defense contracts. Recall that the National Debt was less than $800 billion through Carter. Reagan tripled it mostly with tax cuts and senseless Cold War defense spending; GHW Bush added with more war and Panama and GW Bush more than doubled it yet again as he shocked and awed our $800 billion defense budget based upon lies and deceit. While the 435+ GOP-approved war profiteers made billions they also posted $60 billion in waste, fraud, and abuse while failing in their nation-building. Notice that Republicans only care about the National Debt and budget deficit when out of the White House.
Consider the Reagan-era to present, $40 billion+, unnecessary, unproven, SDI-spinoff, anti-ballistic missile systems; the $3 billion Bush man-in-the-moondoogle NASA pork; the $3 billion failed Boeing virtual border fence, the billions spent in the many GOP "bridge-to-nowhere" earmark pork projects, etc. Apparently, the GOP hate the poor while they are sycophants to the rich. They just can't stand that somebody they do not like or deem unworthy might receive taxpayer benefits.
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Tsakonas
Architect
03:31 PM on 06/19/2012
What about BIG gov oil subsidies, aka welfare for Exxon? Why do the most profitable companies in America need billions of OUR tax dollars? Agriculture is given billions to over produce corn. The author isn't kidding that every issue/ industry is giving OUR tax dollars away to those who already have it all while shaming the rest of into thinking that we regular folks need to make all the big sacrifices and government is to blame. They also like to sabotage everything they don't like to make us think gov doesn't work. Of course NOTHING works when you defund, sabotage, and filibuster everything to death. Congress better enjoy these next few months of doing nothing, because you made the people hate gov that don't work.
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DonQuixokie
03:15 PM on 06/19/2012
Conservatives have spooked Democrats into adopting their policies...so not to look "soft"; i.e. the Joe McCarthy Communist Witch-hunt, and Reagan's War on Drugs
The reasoning is that "they will we beat us if we don't join them."
Clinton pioneered seizing positions in line with their orthodoxy, forcing them to join him or betray their own values...i.e. welfare reform, the repeal of Glass-Steagal.
There is a problem...whether knuckling under to avoid looking "soft" on issues or triangulating...
You must first accept the conservative framing. And the core of which is that Reagan is the final word in policy. This framing is the road to ruin.
Why?
Reagan's ideology was a repudiation of everything after Harding, namely the Great Depression, New Deal, the expansion of WW2, the policies of Eisenhower, LBJ's War on Poverty and Great Society Programs .
For Reagan, all history ended with Harding. For all Reaganites, all history began with Reagan.
This is what every liberal agrees to when they work for the Right.
There is nothing said about Harding or Reagan's policies causing stock market crashes, but they do...as in '29, '87, and in '08. Clinton's repealing of Glass/Steagal made it worse.
The Great Depression taught us everything we needed to know about what to do in a crisis like ours...but not if you believe Reagan and Harding.
03:00 PM on 06/19/2012
Thank you for this excellent article -- one of the best I've read on HP.

I'd like progressives to start talking about our tax code and how it needs to be rewritten. That's a conversation that always gets the right wing very defensive.
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realpolitic
Proud member of the reality-based community!
02:53 PM on 06/19/2012
The right is very deceptive.  Their one and only goal is the upward redistribution of income to the top two percent.  Of course, they get the poorly informed masses in their electorate base to go along because, as said, they rail against big government, social programs, and East Coast elitists.  In return, their base is guaranteed to vote against their own economic interests.  Although the red state base is more dependent on government than blue, they repeatedly rail against social programs and buy into the conceit of pulling oneself up by the boot straps, while depending on government for a large percentage of their incomes.  The GOP base would experience wild cognitive dissonance if they had any self-awareness.
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Galen Tom Maughan
i love dogs, it's people i'm on the fence about
04:24 PM on 06/19/2012
It won't work, and it never will. They'd love to think it will because it looks great for the next quarter's profit margins, but in truth if corporations and the corporate world as a whole took a long view of the market they would see that there is no sustaining even their own wealth by sucking all the money up to them without giving the middle and lower classes the buying power to purchase the products that these companies make.
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02:43 PM on 06/19/2012
framing the debate this way feeds the irrational right wing partisan rule of thumb. unfortunately, their meme its too simplistic to be true.

both the gov and private business have good sides and bad sides. all economies on earth are a mix of private and public sector.

the trick is to dig into the complexity and try to make the best of both and avoid the worst of both.
02:12 PM on 06/19/2012
To me the actual conflict within our government is between lobbyists and the elected officials. With Citizen United tilting the field even more towards the lobbyists, obviously those are the ones with money and those are the ones who try to pass regulations (that's what government does) that suits them. The secondary conflict between the parties is due to the fact that GOTP is more aligned and falls in line with lobbyists than Democrats. So as far as that is concerned I agree with Mr. Dean that GOTP is in no shape or form opposed to smaller government. They don't care about the size of the government as long as they get their way.
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PalaceOfWisdom
whistleblowers are heroes
01:46 PM on 06/19/2012
Excellent post. I love analysis that challenges our perception. This serves to underscore why corporations have bought influence on both sides of the aisle. Government which works for them can funnel tremendous amounts of money into their pockets, while still holding an air of legitimacy as long as they keep running elections consisting of two corporate candidates who pretend to be different. Instead of having philosophical debates and using money to ensure that the less popular idea still wins, now they can avoid discussing unpopular policies entirely. The future of our nation is in peril, and the focus is on what the candidates did in high school and who used what illicit substance when.
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deweaver
Scientist, businessman, semi-retired
01:44 PM on 06/19/2012
All this nonsense is based upon the assumptions that people can be defined on a 1 D Liberal/Conservative line. In reality, people are not that simple, just the pundits descriptions. Some conservatives want to get the government out of both our bedrooms and our wallets, while some liberals think they have the wisdom and know best what we should do in out bedrooms and our kitchens while using our money to do "good". We need at least 2 political dimensions like liberal/conservative and libertarian/populist to make any sense of categorizing real people.
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01:22 PM on 06/19/2012
Let's not complicate the issues with making sides. All people want isa fair shake". Governments and Capitalism have one true failing and that they're both Insatiable! See all of this finger pointing isn't liberal, conservative, corporate or government, it's faulty and purposeful poor implementation of the "Rule of Law! There is no Democracy if the Courts simply overturn the choices or demands of the people. Freedom of Speech? Right to Assemble, Right to bare arms, all now redefined by the Courts. Corporations are people too???

As an example look at the repeal of Glass Steagall Act, Did the American people demand it? No! Wall St. wanted it and paid for it.. We all know what happened next!

Governments, have a solid history worldwide of pretty much doing everything poorly except instituting enforcing their own laws. From Plato to Julius Caesar to Obama. Now these laws are manipulated to serve religious idealism as well as beneficial to industries and governments themselves. We serve them, when they should serve us. Laws created and defended Slavery, the Holocaust and virtually every war and genocide.

Today, it's money. I was taught by the Catholic Church that it was the root of all Evil? The reason they taught it, shows how easily the Vatican became the wealthiest entity of an indeterminable / incalculable sum. Just compare the US GDP/CEO Salaries with the average US salary/income and simply compare the two over 200 years, and you have proof of who works for who.