Matt Bruenig & Ryan Cooper – How Obama Destroyed Black Wealth

Link to an article by Matt Bruenig & Ryan Cooper:

“How Obama Destroyed Black Wealth”

 

As is typical for writing in Jacobin, this article includes a section at the end that draws conclusions unsupported by the body of the article.  For example, the authors state, “No political obstacle stood between President Obama and a better housing policy.”  The article does not address political factors at all, so this is a bald assertion without support.  It also is questionable.  While certain other studies have established how the Democrats during Obama’s era have courted Wall Street and other banking/finance donors, if you follow (for example) Thomas Ferguson‘s “Golden Rule” theory about “investment” in elections, which holds (in greatly simplified form) that politicians are vetted by moneyed interests and masses are too poor to be able to influence the choices offered in an election, then the authors would need to establish that Obama could have raised the same or more money elsewhere (Bernie Sanders’ small donor approach seems like the closest and easiest comparison point).  This also requires an assumption that Obama and the Democrats care/cared about long-term consequences, rather than limiting themselves to short-term thinking (e.g., sacrificing the future for a near-term win) — which is normative.  That criticism aside, the linked article does do a good job illustrating how the problem discussed is fundamentally political in character.

Shamus Cooke – History Blinded by Anti Socialism

It never ceases to amuse me how the insight of philosophy and psychoanalysis that ideology determines what is or is not a “fact” is proven again and again.  As Rex Butler put it,

“in the analysis of ideology, it is not simply a matter of seeing which account of reality best matches the ‘facts’, with the one that is closest being the least biased and therefore the best. As soon as the facts are determined, we have already — whether we know it or not — made our choice; we are already within one ideological system or another. The real dispute has already taken place over what is to count as the facts, which facts are relevant, and so on.”

Lenin also wrote (in What Is to be Done?):

“the only choice is — either bourgeois or socialist ideology. There is no middle course (for mankind has not created a ‘third’ ideology, and, moreover, in a society torn by class antagonisms there can never be a non-class or an above-class ideology).”

Along these lines, Shamus Cooke has reviewed Ken Burns & Lynn Novick‘s mini-series The Vietnam War (2017):

“History Blinded by Anti Socialism: Ken Burns’ Vietnam”

The general tone of Cooke’s criticism reflects this statement by Malcolm X:

“If you’re not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.”

 

Bonus quote:

“How close we could look into a bright future should two, three or many Vietnams flourish throughout the world with their share of deaths and their immense tragedies, their everyday heroism and their repeated blows against imperialism, impelled to disperse its forces under the sudden attack and the increasing hatred of all peoples of the world!”

Che Guevara, “Message to the Tricontinental,” April 16, 1967

 

Bonus links: The Battle of Chile and “A Victory for Historical Accuracy and the Peace Movement: Not One Emmy for Ken Burns and ‘The Vietnam War'” and “It’s a Fact: Supreme Court Errors Aren’t Hard to Find” (this article engages in a certain kind of criticism that is largely blind to the issue Butler described)